Historic Indian Rupee Arab Emirates Dirham

Indian Rupee arab emirates dirham history for November 2023. The highest quote for this month is 0.044142 (15/11/2023) and the lowest 0.04429 (14/11/2023). The difference between high and low is -0.34.

INR AED average rate for November 2023 is 0.04406, the change between 01/11/2023 and 30/11/2023 is +0.08 %.

01 November 20231 INR = 0.0441 AED
02 November 20231 INR = 0.0431 AED
03 November 20231 INR = 0.0441 AED
06 November 20231 INR = 0.0442 AED
07 November 20231 INR = 0.0441 AED
08 November 20231 INR = 0.0441 AED
09 November 20231 INR = 0.0441 AED
10 November 20231 INR = 0.0441 AED
12 November 20231 INR = 0.0441 AED
13 November 20231 INR = 0.0441 AED
14 November 20231 INR = 0.0441 AED
15 November 20231 INR = 0.0443 AED
16 November 20231 INR = 0.0441 AED
17 November 20231 INR = 0.0442 AED
18 November 20231 INR = 0.0441 AED
19 November 20231 INR = 0.0441 AED
20 November 20231 INR = 0.0441 AED
21 November 20231 INR = 0.0441 AED
22 November 20231 INR = 0.0441 AED
23 November 20231 INR = 0.0439 AED
24 November 20231 INR = 0.0441 AED
26 November 20231 INR = 0.0441 AED
27 November 20231 INR = 0.0441 AED
28 November 20231 INR = 0.0440 AED
29 November 20231 INR = 0.0440 AED
30 November 20231 INR = 0.0441 AED

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.