Skip to main content

Featured Post

UAE Exchange launches UAE Exchange Wallet

Ebates Coupons and Cash Back

Dubai Currency


Dubai Currency officially is the United Arab Emirates Dirham or UAE Dirham. The value of the AED is most of the time is pegged to the American Dollar (USD). The currency fluctuations of the USD therefore effect the value of the AED in comparison to other major currencies. Not until 1973 Dubai joined the other emirates and adopted the UAE Dirham as a uniform currency.
One Dubai Currency or AED is divided into 100 fils. The values of AED range from 1 to 1000 dirhams in notes and in coins from 5 fils to 1 dirham. The AED is mostly used in the seven states of the United Arab Emirates: Ajman, Dubai, Abu Dhabi, Umm al-Quwain, Ras al-Khaimah, Fujairah and Sharjah.
In this page you can find a currency converter to convert the AED into other currencies without an effort. The currency converter is updated frequently.

Popular posts from this blog

UAE Exchange launches UAE Exchange Wallet

UAE Exchange launches UAE Exchange Wallet  UAE Exchange Wallet is a unique secure transaction solution, which allows UAE Exchange customers to transfer money using their existing mobile phones and bank accounts, to their near and dear ones across the globe, from anywhere and at anytime. UAE Exchange Wallet enables customers to send money securely from the comfort of their home or office or any location at any hour of the day or night, using UAE Exchange 's trusted network, without having to make trips to the branches, braving traffic, parking and other inconveniences. The Wallet provides a leather wallet metaphor on mobile phones and its security features ensure that only a registered UAE Exchange customer can access his/her Wallet on his/her mobile phone. The Wallet is very easy to register and use, and can be setup either by the customer or a UAE Exchange representative. Once setup, the customer can then conduct any number of transactions - anytime, anyw...

CURRENCY AND EXCHANGE RATES

CURRENCY AND EXCHANGE RATES   Currency The dirham (pronounced dir-ham) is the official currency of the UAE. Dirham notes are in 5, 10, 20, 50, 100, 200, 500, and 1000 denominations. The dirham is divided into 100 fils, coins include Dh1, 50, 25, 10 and 5 fils (10 and 5 fils are rarely used). The value is written in Arabic only but Arabic numerals are easy to memorize (see section on Arabic Language). UAE Exchange There are no currency regulations and foreign currency of almost any denomination is readily exchanged in the UAE. The dirham is index linked to the dollar and the official exchange rate is Dh3.671 = US$ 1.00. The best exchange rates are generally available at private moneychangers found throughout the UAE, but especially in the more popular souqs and shopping centres. The UAE Exchange Centre (associated with Western Union) has branches throughout the UAE. Thomas Cook Al Rostamani (authorized representative of Thomas Cook’s fi...

Director, UAE Exchange

   Left to right: Mr Marwan Al Mazroei, Director, UAE Exchange, Jamal Abdul Salam , Director, Partner Relations, Dubai Internet City, Abdulla Humaid Al Mazroei, Chairman, UAE Exchange, Sam Pitroda, Founder and Chairman, C-Sam Inc, USA, B R Shetty , Managing Director and CEO, Dataline FZ LLC and Murray Sims, Head of Personal Banking, RAKBANK at the launch of the UAE Exchange's E-WALLET.