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Today's Exchange Rates
Date: 12.12.2017
PARTICULARS
CURRENCY
CONVERSION RATE
RATE AGAINST USD
USD VALUE
US DOLLARS
USD
65.40
1.00000
1.00
INDIAN RUPEES
INR
1.00
0.01529
65.40
STERLING POUND
GBP
87.75
1.34170
99.38
EURO
EUR
77.50
1.18500
77.50
KUWAIT DINAR
KWD
221.05
3.38000
208.60
QATAR RIYAL
QAR
18.25
0.27910
18.25
SAUDI ARABIAN RIYAL
SAR
17.80
0.27220
16.69
SINGAPORE DOLLAR
SGD
48.60
0.74310
50.53
SWISS FRANC
CHF
66.40
1.01530
71.34
UAE DIRHAMS
AED
18.15
0.27750
17.06
AUSTRALIAN DOLLARS
AUD
49.70
0.75990
51.63
MALAYSIAN RINGITT
MYR
15.30
0.23400
16.51
HONGKONG DOLLAR
HKD
8.35
0.12770
8.50
THAI BAHT
THB
2.00
0.03060
2.00
CHINESE YUAN
CNY
9.90
0.15140
9.90
CANADIAN DOLLAR
CAD
51.30
0.78440
51.30
Source: Centrum Direct Ltd.
WHAT IS DUTY FREE?
Duty free shopping offers international travellers a way to save money on a diverse array of merchandise, from dazzling high-end jewellery to premium liquor. However, many travellers are not clear how duty free shopping works, or how to make the most out of the experience.

To begin, a "duty" refers to a tax or fee placed on goods by government entities. Merchants who import goods and sell them to consumers who are leaving their country are not charged a duty on these products. This allows sellers to pass the savings along to their customers, giving savvy shoppers the opportunity to grab fantastic merchandise at bargain prices.

Travellers can find duty free products at international airports, border towns, ports, cruise ships and even on-board international flights – and other locations which cater to international travellers.

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