Yahoo Finance Aed Vs Inr

Yahoo Finance provides real-time and historical data on currency exchange rates, including the AED (United Arab Emirates Dirham) to INR (Indian Rupee) conversion. This information is valuable for individuals and businesses involved in international trade, travel, investment, or remittances between the UAE and India.

Accessing AED/INR Data on Yahoo Finance

To find the AED/INR exchange rate on Yahoo Finance, you can simply search for “AEDINR” in the search bar. This will take you to a dedicated page displaying the current exchange rate, along with various charts and data points.

Key Data Points

• Current Exchange Rate: This is the most up-to-date exchange rate, showing how many Indian Rupees (INR) are needed to purchase one United Arab Emirates Dirham (AED).
• Open: The exchange rate at the beginning of the current trading day.
• Previous Close: The exchange rate at the end of the previous trading day.
• Day’s Range: The highest and lowest exchange rates recorded during the current trading day.
• 52-Week Range: The highest and lowest exchange rates recorded over the past 52 weeks.
• Volume: The number of AED/INR transactions that have taken place during the current trading day.

Historical Data

Yahoo Finance also provides historical AED/INR exchange rate data, allowing you to analyze trends and patterns over time. You can select a specific date range to view the exchange rate for that period. This historical data is useful for:

• Analyzing past performance to inform future decisions.
• Identifying potential trends in the exchange rate.
• Understanding the volatility of the currency pair.

Charts and Visualizations

The platform offers interactive charts that visually represent the AED/INR exchange rate over various timeframes. These charts can be customized to display different data points and technical indicators, aiding in technical analysis. Chart types include line charts, candlestick charts, and area charts.

Factors Influencing the AED/INR Exchange Rate

Several factors can influence the AED/INR exchange rate, including:

• Economic Performance: The economic health of both the UAE and India, as measured by GDP growth, inflation, and unemployment, can impact the exchange rate. Stronger economic performance in one country relative to the other tends to strengthen its currency.
• Interest Rates: Interest rate differentials between the UAE and India can attract or deter foreign investment, influencing currency demand and exchange rates.
• Geopolitical Events: Political instability, trade agreements, or major global events can affect investor sentiment and currency valuations.
• Crude Oil Prices: Given the UAE’s significant oil exports, fluctuations in crude oil prices can impact the AED.
• Government Policies: Fiscal and monetary policies implemented by the governments of both countries can impact the exchange rate.

Disclaimer

It is important to note that exchange rates are constantly fluctuating and can be influenced by a multitude of factors. The data provided on Yahoo Finance is for informational purposes only and should not be considered financial advice. Consult with a qualified financial advisor before making any investment decisions based on exchange rate information.