Visiting a place outside your country for the first time means a lot of planning, such as ticket booking, hotel booking, etc. But the main thing is the currency conversion, to pay for the stuff in another country, you’ll require their currency. Therefore, one needs to have proper knowledge about currency and money exchange. For instance, if you are planning a Dubai Trip, then you should be aware of the currency exchange rate and the process as well.
In this blog, we will get further into the details of currency conversion in Dirham for your Dubai trip. Therefore, if you’ve planned a Dubai trip for yourself, this blog is important for you, come on and have a glance at it.
What is the Current Exchange Rate?
Present Exchange Rate
The first step of the conversion is to know about the conversion rate. Presently, the UAE’s currency is AED 3.67 per US Dollar. In simpler terms, you will get AED 3.67 or AED 3.68 in exchange for 1 dollar. Just like this, the conversion rate of every currency is different, thus, use the online currency converter tools to learn the present exchange rate.
Where to Exchange Currency?
You must know that the currency exchange rate is not stable, it keeps on changing regularly. You can avail of the services of currency exchange at several places such as hotels, banks, or the separately established currency exchanges of Dubai city.
Best Exchange Rates
For the best rates, we’d suggest you go for the established chain of Currency Exchange in Dubai, many of the Dubai tourists prefer to do so. In all the outlets, you’ll find similar rates of the currency. But if you are looking for an easy way out, then we’d suggest you go for exchanges in Malls. Each of the Dubai malls has this facility for currency exchange. These exchanges operate at the same hours as the mall.
Al Ansari Exchange
Do you know that in 2015, this company was listed in the names of Top Forbes Middle East Companies of the Arab World? You were not aware of this, right? The very first branch of the money exchange was established in the year 1966, and at present, it has 170 branches in UAE. The 70 branches of Al Ansari Exchanges are in Dubai city only. The exchange provides several services, such as buying foreign currencies, money transfers, bill payments, etc. Additionally, the place also accepts Traveler’s cheques.
Al Rostamani International Exchange
This Al Rostamani International Exchange received the award of Dubai Quality in the year 2003. It is the first money exchange company to receive this award. In total, it has 16 outlets or branches in Dubai, offering services such as:
- Currency Exchange
- Money Transfer
- Credit Card Payment
Al Fardan Exchange
In 2011, this exchange was awarded as the Best money transfer company in the Middle East region. The award was given by the International Association of Money Transfer Networks (IAMTN). Here, you can avail of the following services:
- Financial Services
- Foreign Exchange
- Remittance
There are some other places as well where you can undergo the currency and money exchange in Dubai, such as:
- UAE Exchange
- Sharaf Exchange
- Global Money Transfer
You must remember to finalize the deal that you find most attractive for your currency exchange. The rates keep on changing regularly, therefore, keep yourself updated with the recent changes in the market.