The Emirati Dirham is the official currency of the UAE, abbreviated officially as AED. Unofficial abbreviations include Dh and Dhs. The dirham is subdivided into 100 fils.
Is AED the same as dirham?
The United Arab Emirates dirham (/dirhəm/; Arabic: درهم إماراتي, sign: د. إ; code: AED; commonly abbreviated “DH” or “Dhs.”), also known as simply the Emirati dirham, is the currency of the United Arab Emirates. The dirham is subdivided into 100 fils (فلس).
What can 1 dirhams buy?
43 things you can buy for One Dirham
- An ice-cream at McDonald’s. Why is Ronald McDonald always smiling?
- A carton of laban.
- A packet of Chiclets.
- A 500ml bottle of water.
- An abra ride across the Creek.
- Individual choco dates.
- Cup of karak chai at a streetside café
- A Timbit at Tim Hortons.
What is a good salary in Dubai?
Dubai has a good average salary range, extending from a monthly salary of 4,810 AED (1,309.56 USD) to 99,000 AED (26,953.44 USD) per month. The average salary range only considers salaries that fall between the average minimum salary and the average maximum salary in Dubai.
Is gold cheaper in Dubai?
GOLD IN DUBAI IS CHEAPER Due to the exclusion of taxes in the emirate prices for gold in Dubai have always been cheaper as buyers would only pay for the value of the gold jewellery. VAT in Dubai is currently the only form of tax applied on any gold purchase.
Is Dubai richest country in the world?
Dubai began shipping oil in 1969 and before gaining independence from Great Britain in 1971, when it became one of the UAE’s seven emirates. The UAE is the third-richest country in the world, below Luxembourg at number two and Qatar at number one, with a GDP per capita of $57,744.
Is dirham higher than Naira?
The question of Dirham value to the Nigerian naira lies in the exchange rate. Dirham is higher than the Naira at the exchange market both at the official and parallel market.
Which currency is the highest to naira?
Kuwaiti Dinar. The price of one Kuwaiti dinar equals approximately 1,197.92 NGN. That’s why Kuwait is a country with the highest national currency in the world.
Is AED tied to USD?
The UAE Dirham is the currency of the United Arab Emirates. It is sub-divided into 100 fils. It is pegged to the U.S. dollar and is among the world’s most stable currencies.
AED (United Arab Emirates Dirham)
It is the currency acronym for the United Arab Emirates dirham, which is the official currency of Dubai and the other emirates in the region. It is frequently denoted by the letters Dhs or DH on the label. Several currencies, such as the Dubai riyal and the Qatar riyal, have been replaced by the United Arab Emirates dirham since 1973, when it was first introduced.
Key Takeaways
- This currency is denominated in dirhams and split into 100 fils
- It is pegged to the United States dollar and is considered one of the world’s most stable currencies
- And it is subdivided into 100 fils.
Basics of AED (United Arab Emirates Dirham)
The United Arab Emirates dirham is made up of 100 fils, which are one fil equals one dirham. Dollars, dirhams, and riyals are all available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000. Despite the fact that coins with values less than 10 fils are rarely used, the coin denominations of 1, 25, and 50 fils are the most commonly encountered. The Central Bank of the United Arab Emirates is in charge of issuing the country’s banknotes and banknotes. Multiple watermarks are utilized to deter counterfeiting, the most prominent of which being the national symbol that appears on the obverse of each banknote.
The insignia depicts a golden falcon with a disk in the middle encircled by seven stars and seven feathers, one for each of the seven Emirates, and a disk around its neck.
The AED and United Arab Emirates Economy
It is made up of 100 fils, which are equal to one dirham in the UAE. Dollars, dirhams, and riyals are all available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1,000. Despite the fact that coins with values less than 10 fils are rarely used, the coin denominations of 1, 25, and 50 fils are the most common. Central Bank of the United Arab Emirates is responsible for printing and distributing currency in the country. Several watermarks, including the national insignia that appears on the obverse of each note, are employed to deter counterfeiting.
There are seven feathers on the crest of the golden falcon, which is in the middle of a disk encircled by seven stars and represents each of the Emirati Emirates.
Why Peg to the USD?
Because of the country’s reliance on the oil sector, policymakers believe that pegging the country’s currency to the United States dollar is favorable. Keep in mind that oil prices are expressed in U.S. dollars. The UAE government can limit the volatility of its exports by pegging its currency against the United States dollar (the greenback). In order to preserve the peg, the country’s economic indices and current account balances must be kept at their ideal levels. For example, the UAE government is currently operating a current account surplus in relation to its GDP at the time of writing.
For example, the drop in oil prices in 2015 resulted in lower revenues for the members of the Gulf Cooperation Council.
Many nations entertained the notion of weakening their currencies in relation to the United States dollar. Local revenue would increase as a result of the depreciation because U.S. dollars collected from oil sales could be repatriated in exchange for more dirhams.
United Arab Emirates dirham – Wikipedia
| United Arab Emirates dirham | |
|---|---|
| درهم إماراتي(in Arabic) | |
| ISO 4217 | |
| Code | AED |
| Denominations | |
| Subunit | |
| 1 ⁄ 100 | Fils(فلس) |
| Symbol | د.إ |
| Banknotes | |
| Freq. used | 5, 10, 50, 100, 500, 1,000 dirhams |
| Rarely used | 20, 200 dirhams |
| Coins | |
| Freq. used | 25 fils, 50 fils, 1 dirham |
| Rarely used | 1, 5, 10 fils |
| Demographics | |
| User(s) | United Arab Emirates |
| Issuance | |
| Central bank | Central Bank of the UAE |
| Website | .centralbank.ae |
| Valuation | |
| Inflation | 2.5% |
| Source | The World Factbook, 2011 est. |
| Pegged with | USD 1USD= 3.6725 AED |
This currency, also known as theEmirati dirham or simply the United Arab Emirates dirham, is the official currency of the United Arab Emirates. It is written in Arabic and has the symbol. It is coded as AED and is abbreviated “DH” or “Dhs.” In the dirham, each fil (100 fils) is worth one dirham.
History
The word dirham is derived from the Arabic language. The dirham was able to persist throughout the Ottoman Empire because of centuries of commerce and usage of the currency. Prior to 1966, the Gulf rupee, which was tied at parity with the Indian rupee, was used by all of the emirates that are now part of the United Arab Emirates. On the 6th of June, 1966, India made the decision to devalue the Gulf rupee in relation to the Indian rupee. As a result of their refusal to accept the depreciation, some of the states who were still using the Gulf rupee switched to their own or other currencies.
During the changeover from the Gulf rupee to the Qatar and Dubai riyal, these emirates briefly embraced the Saudi riyal as their official currency.
The United Arab Emirates (UAE) established the UAE dirham as its official currency in 1973.
Coins
Initially issued in the denominations of 1, 5, 10, 25, 50 fils, and 1 dirham, coins were introduced in 1973. The lower denominations of 1, 5, and 10 fils are struck in bronze, while the larger denominations are struck in cupro-nickel. They were the same size and composition as the comparable Qatari fils coins as well as the matching Dubai dirham coins. The 5 fils, 10 fils, 50 fils, and 1 dirham coins were all decreased in size in 1995, with the new 50 fils coin having a curve-equilateral-heptagonal form, replacing the previous round design.
Because the 1, 5, and 10 fils coins are seldom used in ordinary life, all quantities are rounded up or down to the nearest multiples of 25 fils, regardless of how little the number is.
Because the coins are almost the same size, there is a chance that the old 50 fils coin will be mistaken for the new 1 dirham coin when the change is made during the transition.
For further information, please read Commemorative coins of the United Arab Emirates dirham (in Arabic).
| Image | Value | Technical parameters | Description | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Obverse | Reverse | Diameter | Thickness | Weight | Edge | Shape | Obverse | Reverse | |
| فلس25 | 20 mm | 1.5 mm | 3.5 g | Milled | Circular | A Gazelle facing left, withLunar HijriandGregorianyear of mint below. | Lettering: “الامارات العربية المتحدة”, below it “٢٥”, below it “فلساً” and below it “UNITED ARAB EMIRATES” | ||
| فلس50 | 21 mm | 1.7 mm | 4.4 g | Smooth | Heptagon | Threeoil derricks, withLunar HijriandGregorianyear of mint below. | Lettering: “الامارات العربية المتحدة”, below it “٥۰”, below it “فلساً” and below it “UNITED ARAB EMIRATES” | ||
| د.إ1 | 24 mm | 2 mm | 6.1 g | Milled | Circular | ADallah, withLunar HijriandGregorianyear of mint below. | Lettering: “الامارات العربية المتحدة”, below it “١”, below it “درهم” and below it “UNITED ARAB EMIRATES” |
Issues with fraud
By August 2006, it had been well recognized that the Philippines’ one pesocoin is the same size as a dirham in terms of physical dimensions. Because one peso is only worth eight fils in the UAE, there has been an increase in vending machine fraud. The 5 rupee coin from Pakistan, the 50 Baisa coin from Oman, and the 1 dirham from Morocco are all the same size as the one dirham coin from the United Arab Emirates. All dirham banknotes are embossed with a falcon watermark to deter counterfeiting.
Banknotes
The United Arab Emirates Currency Board released notes in the denominations of 1, 5, 10, 50, and 100 dirhams on May 20, 1973, and a 1,000 dirham note was issued on January 3, 1976, by the Central Bank of the United Arab Emirates. In 1982, a second batch of notes was issued, which did not include the 1 dirham and 1000 dirham notes. The first 500 dirham notes were issued in 1983, while the second 200 dirham notes were issued in 1989. In 2000, 1,000 dirham banknotes were brought into circulation.
- The obverse texts are written in Arabic with numbers in Eastern Arabic numerals, and the reverse texts are written in English with numbers in Arabic numerals; the reverse texts are written in Arabic with numbers in Arabic numerals.
- It has now been republished and has been in circulation since late May 2008; however, it has been released in a different color, Yellow/Brown, to replace the previous Green/Brown denomination.
- In addition to the new coat of arms, the security thread was a 3-mm wide, color-shifting windowed security thread with demetalized UAE 50 and demetalized UAE 50.
- This is the country’s first polymer banknote, and it was the first of its kind in the world.
| Image | Value | Main Color | Dimensions (mm) | Description | |
|---|---|---|---|---|---|
| Obverse | Reverse | Obverse | Reverse | ||
| 5د.إ | Brown | 143 × 60 | Sharjah CentralSouqalso known as Islamic Souq, the Blue Souq or the central market | Imam Salem Al Mutawa Mosque, which was formerly known as Al Jamaa mosque inSharjah | |
| 10د.إ | Green | 147 × 62 | Akhanjar | A pilot farm | |
| 20د.إ | Blue | 149 × 63 | The front face of the Dubai Creek Golf and Yacht Club | Traditional tradingdhow(calledsama’a) | |
| 50د.إ | Light Brown | 151 × 64 | anoryx | Al Jahili Fort, a pre-Islamic fort inAl Ain | |
| 100د.إ | Red | 155 × 66 | Al Fahidi Fort | Dubai World Trade Centrebuilding | |
| 200د.إ | Dark Yellow | 157 × 67 | theZayed Sports City Stadiumand the Sharia court building | TheCentral Bank of the UAEbuilding inAbu Dhabi | |
| 500د.إ | Sky blue | 159 × 68 | Saker falcon | TheJumeirah Mosque | |
| 1,000د.إ | Brown | 163 × 70 | Qasr al-Hosn | view ofAbu Dhabiskyline |
Exchange rates
The dirham was formally tied to the International Monetary Fund’s special drawing rights on January 28, 1978. (SDRs). In actuality, it is almost always tied to the United States dollar at any given moment. Since November 1997, the dirham has been tied to the dollar at a rate of one dollar equals 3.6725 dirhams, which translates to about one dirham equals 0.272294 dollar.
| Current AED exchange rates | |
|---|---|
| FromGoogle Finance: | AUDCADCHFEURGBPHKDJPYUSDINR |
| FromYahoo! Finance: | AUDCADCHFEURGBPHKDJPYUSDINR |
| FromXE.com: | AUDCADCHFEURGBPHKDJPYUSDINR |
| From OANDA: | AUDCADCHFEURGBPHKDJPYUSDINR |
Please keep in mind that the rates acquired from these sources may be in conflict with the fixed rate listed above.
See also
- The Gulf Cooperation Council
- The economy of the United Arab Emirates
- The Cooperation Council for Arab States in the Gulf
References
- “Annual Report 2014” is an abbreviation for “Annual Report 2014.” (PDF). 14th of June, 2016
- Retrieved 14th of June, 2016
- Sunita Menon is a woman who works in the fashion industry (2006-08-01). “And there you have it! A Peso is as good as a Dirham in terms of purchasing power “. gulfnews.com. Retrieved2014-09-14
- s^ Owen Linzmayer is a writer who lives in the United States (2012). “United Arab Emirates” is a country in the Middle East. The Banknote Book is a collection of banknotes. BanknoteNews.com, based in San Francisco, California
- Url=”Archived copy.” The original version of this article was published on December 7, 2008. Archived copy as title (link)
- CS1 maint: archived copy as title (link)
- Sarah Forster’s name is Forster (7 December 2021). “Leaders from the United Arab Emirates attend the unveiling of the new Dh50 notes.” The National News is a publication that publishes news from across the world. The National News is a publication that publishes news from across the world. The original version of this article was archived on December 9, 2021. retrieved on December 9th, 2021
- The UAE’s Monetary and Banking Sector is seeing rapid growth. The Central Bank of the United Arab Emirates Archived from the original on May 12, 2006, at the Wayback Machine
- Tables of modern monetary history: Asia, Europe, and North America It was archived on February 19, 2007 through the Wayback Machine. Vol. 25, No. 3 of the Central Bank of the UAE’s Statistical Bulletin, published quarterly from July to September 2005.
External links
- United Arab Emirates Commemorative Coins
- UAE Dirham Currency Converter
- United Arab Emirates Commemorative Coins
AED
The United Arab Emirates Commemorative Coins; UAE Dirham Currency Converter; United Arab Emirates Commemorative Coins; United Arab Emirates Commemorative Coins; United Arab Emirates Commemorative Coins; United Arab Emirates Commemorative Coins;
Overview
The Dirham (AED) is the official currency of the United Arab Emirates (also known as the UAE). 1 Dirham is equal to 100 fils. Although exchange may be completed in a bank, it is less expensive to do it at an exchange office. In 1978, the United Arab Emirates Dirham was tied to the International Monetary Fund’s drawing rights. In 1997, the dirham was tied to the US dollar at a rate of one dollar equaled 3.6725 dirhams.
Economy
- The United Arab Emirates is rated second in the Corporation Council for the Arab States of the Gulf (CCASG), which is an organization that brings together Arab states. Natural gas and petroleum exports contribute significantly to the country’s economy. It is also a significant source of revenue in the service industry. Building accounts for a significant portion of the economy
- Today, an average of $350 billion in construction projects is underway. The World Trade Organization recognizes the United Arab Emirates as a member nation. Machinery, manufactured commodities, and transportation equipment are examples of imports. Natural resources accounted for 85 percent of all exports in 2009. The economy of the United Arab Emirates is rising at the quickest rate in the world.
History
- The Bahraini Dinar was the first currency used in the United Arab Emirates when it was established. In the years before to 1966, the United Arab Emirates used the Gulf Rupee as their currency
- The United Arab Emirates dirham first entered circulation in December 1971. Both the Dubai Riyal and Qatar Riyalat par were phased out in favor of the dirham. The Dirham was produced by the United Arab Emirates from 1973 to 1982
- Commemorative coins were first struck by the United Arab Emirates in 1976. In the late 1980s, a fixed exchange rate between the Dirham and the US dollar was created. Dollar denominations in the 200-dirham range were only made in 1989 and are thus extremely rare
- Nevertheless, the 200-dirham was re-introduced in May 2008, however in a different hue from the original. The Dirham was tied to the US Dollar for the first time in 1997.
Symbols and names are used throughout the book. Insignias y nombres Denominations
- The following denominations of bills are available: Dirham 5, 10, 20, 50, 100, 200, 500, 1,000
- And coins are available in denominations of one, five, ten, twenty-five, fifty, and one hundred fils. 1 Dirham
- 2 Dirhams
- 3 Dirhams
- 4 Dirhams
Countries That Make Use of This Currency There are no currencies that are pegged to the AED.
US Dollar to United Arab Emirates Dirham Exchange Rate. Convert USD/AED
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Convert AED to USD
Please provide values below to convert AEDto USD, orvice versa.1 United Arab Emirates Dirham = 0.272252415 United States Dollar 1 United States Dollar = 3.673062 United Arab Emirates DirhamExample:convert 15 United Arab Emirates Dirham to United States Dollar: 15 United Arab Emirates Dirham = 15 × 0.272252415 United States Dollar = 4.0837862252 United States Dollar
| AED | USD |
|---|---|
| 0.01 United Arab Emirates Dirham | 0.0027225242 United States Dollar |
| 0.1 United Arab Emirates Dirham | 0.0272252415 United States Dollar |
| 1 United Arab Emirates Dirham | 0.272252415 United States Dollar |
| 2 United Arab Emirates Dirham | 0.54450483 United States Dollar |
| 3 United Arab Emirates Dirham | 0.816757245 United States Dollar |
| 5 United Arab Emirates Dirham | 1.3612620751 United States Dollar |
| 10 United Arab Emirates Dirham | 2.7225241502 United States Dollar |
| 20 United Arab Emirates Dirham | 5.4450483003 United States Dollar |
| 50 United Arab Emirates Dirham | 13.6126207508 United States Dollar |
| 100 United Arab Emirates Dirham | 27.2252415015 United States Dollar |
| 1000 United Arab Emirates Dirham | 272.252415015 United States Dollar |
AED – United Arab Emirates Dirham
One United Arab Emirates dirham (AED) is equal to one hundred fils.
United Arab Emirates Currency Board
The United Arab Emirates (UAE) was established on 2 December 1971 when the six emirates of Abu Dhabi, Ajman, Dubai, Fujairah, Sharjah, and Umm al-Quwain united to create a federation, with Ras al-Khaimah becoming a member on 11 February 1972. The Currency Board of the United Arab Emirates (CBO) was founded on May 19, 1973, by Union Law No. 2 of 1973, which became effective on that day.
United Arab Emirates Central Bank
The Central Bank of the United Arab Emirates (CBA) was established on December 10, 1980, by Union Law No. 10 of 1980, and took over the responsibilities of the United Arab Emirates Currency Board.
2021 Commemorative Issues
On 7 December 2021, the Central Bank of the United Arab Emirates announced that it will issue a 50-dirham note to mark the 50th anniversary of the establishment of the union on 2 December 1971.
The United Arab Emirates has issued its first polymer banknote, which is seen above. Description:50.00AED – United Arab Emirates Dirham (AED = Arabic for fifty). Dimensions: 151 x 64 mm
Purple, violet, and blue are the colors used. Affixed to the front are Arabic lettering, the Emirates emblem, Wahat Al Karama (a memorial to the martyrs of the United Arab Emirates), the seven founding fathers standing with the flag after signing the union treaty, and Sheikh Zayed bin Sultan Al Nahyan’s registration device. Back: English text; registration device; Sheikh Zayed bin Sultan signing the union agreement; Etihad Museum. Front: Sheikh Zayed bin Sultan signing the union agreement; registration device.
There is no watermark.
The dimensions are 151 x 64 mm.
2018 Issues
The Central Bank of the United Arab Emirates (CBUA) unveiled a new 100-dirham note on 30 October 2018 with enhanced anti-counterfeiting measures, including a new green-to-blue SPARK Live feature at the bottom left front and a green-to-blue windowed Galaxy security thread. In addition, the denomination has been removed from the lower right front, as has the silver foil stamp from the upper right front of the coin. The banknotes are printed at the Khalifa Industrial Zone in Abu Dhabi, which is home to the UAE’s first banknote printing factory.
- Dimensions: 155 x 66 mm Red.
- Text in English; Saker falcon.
- Saker falcon head with an electrotype 100 and a coffee pot as a watermark (source).
- The dimensions are 155 x 66 mm.
2018 Commemorative Issues
A press release dated 28 November 2018 stated that as part of the 47th National Day of the United Arab Emirates celebrations, the Central Bank of the United Arab Emirates has introduced a 100-dirham note commemorating the life of the UAE’s Founding Father, the late Sheikh Zayed Bin Sultan Al Nahyan. The note was introduced as part of the 47th National Day of the UAE celebrations. 100.00 AED – United Arab Emirates (description) Dirham Dimensions: 155 x 66 mm Red. Arabic writing on the front; green-to-blue color scheme SPARK The live designation; the coat of arms of the OVI; the logo of the Year of Zayed; and the Fahidi Fort in Dubai.
Galaxy windowed security thread with demetalized 100 in a green-to-blue gradient.
Printed with a laser printer (UAE).
Paper.
2014 – 2017 Issues
A GulfNews.com article published on July 12, 2014 stated that the board of directors for the Central Bank of the United Arab Emirates (CBUH) instructed that necessary actions be taken to reprint all denominations of banknotes using tactile printing so that they will be readable by the visually impaired. With tactile horizontal bars at the front left and right, as well as the coat of arms in OVI, the 50-dirham note was the first in this new family of notes to be issued.
Since then, all denominations have undergone a similar revision process. United Arab Emirates 5.00 AED (United Arab Emirates) Dirham Dimensions: 143 x 60 mm
Brown. Arabic lettering on the front, with a coat of arms and a picture of the Blue Souk in Sharjah. Rear: Anglo-Saxon text; a Saker falcon; the Bay of Khorfakkan in Fujairah, and a tower. a strong security thread that has been demetallized UAE 5 is a country in the United Arab Emirates. Saker falcon head is used as a watermark. Printed with a laser printer (Unknown). The dimensions are 143 x 60 mm. Paper. United Arab Emirates Dirham (AED) 10.00 AED – United Arab Emirates Dirham Dimensions: 147 x 62 mm Green.
- Printed on the reverse is an English inscription with a Saker falcon and an agricultural background with date palm palms.
- Symbols: Saker falcon head with electrotype 10 and coffee pot as a watermark.
- The dimensions are 147 x 62 mm.
- 20.00 AED – United Arab Emirates (description) Dirham Dimensions: 150 x 63 mm Blue.
- Reverse: English lettering; a Saker falcon and a dhow with a sail UAE 20 is a demetalized version of the windowed security thread.
- Printed with a laser printer (Unknown).
- Paper.
Dimensions: 151 x 64 mm Purple.
Back: Arabic text; OVI coat of arms.
Windowed security thread with demetalized UAE 50 in a 3-mm wide color-shifting windowed design.
The dimensions are 151 x 64 mm.
Description:100.00AED – United Arab Emirates Dirham (United Arab Emirates).
Front: Arabic text; OVI coat of arms; Fahidi Fort in Dubai with silver foil stamp of castle tower; back: OVI coat of arms; back: OVI coat of arms A view of Dubai’s Trade Centre Tower from the back.
UAE 100 demetalized security thread with a 3-mm wide windowed security thread.
Printed with a laser printer (Unknown).
Paper.
Dimensions: 159 x 68 mm The colors are tan and gold.
The back has Arabic text, a Saker falcon head as the registration device, and the OVI coat of arms.
Front: Saker falcon; Saker falcon head.
Windowed security thread with demetalized UAE 200 in a 3-mm wide color-shifting windowed design.
Saker falcon head with an electrotype 200 and a coffee pot as the watermark. Printed with a laser printer (Unknown). The dimensions are 159 x 68 mm. Paper. 500.00 AED – United Arab Emirates Dirham (Description) Dimensions: 159 x 68 mm
Violet. Arabic inscription on the front; coat of arms; Saker falcon head on the back. Back: English text; Saker falcon; Jumeirah Mosque in Dubai; Saker falcon in flight. With demetalized UAE 500, varifeye thread and 3-mm wide windowed security thread are combined. Saker falcon head with an electrotype 500 and a coffee pot as a watermark. Printed with a laser printer (GieseckeDevrient). The dimensions are 159 x 68 mm. Paper. One thousand one hundred and fifty AED — United Arab Emirates Dirham Dimensions: 163 x 70 mm Brown.
- Back: OVI coat of arms; Al Hosn Palace (White Fort).
- Front: Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head.
- UAE 1000 demetalized security thread with a 3-mm wide windowed security thread.
- Printed with a laser printer (Unknown).
- Paper.
2008 – 2013 Issues
These notes are identical to the previous editions, with the exception of new signatures, new dates, and the addition of the new coat of arms, which was adopted on March 22, 2008. On previous notes, the coat of arms depicts a dhow on the Saker falcon’s chest (on the left), however on newer notes (on the right), the coat of arms depicts the UAE flag encircled by stars denoting the seven emirates of the federation (on the left). United Arab Emirates 5.00 AED (United Arab Emirates) Dirham Dimensions: 143 x 60 mm Brown.
- Rear: Anglo-Saxon text; a Saker falcon; the Bay of Khorfakkan in Fujairah, and a tower.
- Saker falcon head is used as a watermark.
- The dimensions are 143 x 60 mm.
- United Arab Emirates Dirham (AED) 10.00 AED – United Arab Emirates Dirham Dimensions: 147 x 62 mm Green.
- Printed on the reverse is an English inscription with a Saker falcon and an agricultural background with date palm palms.
- Symbols: Saker falcon head with electrotype 10 and coffee pot as a watermark.
- The dimensions are 147 x 62 mm.
- 20.00 AED – United Arab Emirates (description) Dirham Dimensions: 150 x 63 mm Blue.
- Reverse: English lettering; a Saker falcon and a dhow with a sail UAE 20 is a demetalized version of the windowed security thread.
Watermark: Saker falcon head with electrotype 20 and a coffee pot on a black background. Printed with a laser printer (Unknown). The dimensions are 150 x 63 mm. Paper. Description:100.00AED – United Arab Emirates Dirham (United Arab Emirates). Dimensions: 155 x 66 mm
Red. Front: Arabic text; coat of arms; Fahidi Fort in Dubai with silver foil stamp of castle tower; back: Arabic text; coat of arms; back: coat of arms A view of Dubai’s Trade Centre Tower from the back. Text in English; Saker falcon. UAE 100 is a demetalized version of the windowed security thread. Saker falcon head with an electrotype 100 and a coffee pot as a watermark. Printed with a laser printer (Unknown). The dimensions are 155 x 66 mm. Paper. United Arab Emirates Dirham (200.00AED) is the currency used in this transaction.
- Front: Arabic text, Saker falcon head as registration device, coat of arms, Sheikh Zayed Sports City, Judicial Department, and Sharia Court buildings in Abu Dhabi.
- Back: English text; Saker falcon; UAE Central Bank headquarters building in Abu Dhabi; Saker falcon head.
- A holographic stripe with a denomination is included.
- Saker falcon head with an electrotype 200 and a coffee pot as the watermark.
- The dimensions are 159 x 68 mm.
- One thousand one hundred and fifty AED — United Arab Emirates Dirham Dimensions: 163 x 70 mm Brown.
- Back: Arabic text; Saker falcon head as registration device; coat of arms Back: English text; Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head.
- A holographic stripe with a denomination is included.
- Coffee pot with electrotype 1000 and a Saker falcon head on it as a watermark.
- 163 x 70 mm is the size of the image.
2012 Issues
In contrast to the previous issues, these 100- and 1,000-dirham notes include a 3-mm wide magenta-to-gold color-shifting windowed security thread and a green-to-blue OVI coat of arms that shifts from magenta to gold. 100.00 AED – United Arab Emirates (description) Dirham Dimensions: 155 x 66 mm Red. Front: Arabic text; OVI coat of arms; Fahidi Fort in Dubai with silver foil stamp of castle tower; back: OVI coat of arms; back: OVI coat of arms A view of Dubai’s Trade Centre Tower from the back.
- UAE 100 demetalized security thread with a 3-mm wide windowed security thread.
- Printed with a laser printer (Unknown).
- Paper.
- Front: Arabic text; Saker falcon head as registration device; OVI coat of arms; Al Hosn Palace (White Fort) in Abu Dhabi.
- Back: English text; Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head.
A holographic stripe with a denomination is included. UAE 1000 demetalized security thread with a 3-mm wide windowed security thread. Saker falcon head with an electrotype 1000 and a coffee pot as the watermark. Printed with a laser printer (Unknown). 163 x 70 mm is the size of the image. Paper.
2011 Issues
The design of this 50-dirham note is similar to the previous issue, with the addition of a 3-mm wide, color-shifting windowed security thread with demetalized UAE 50 and Omron rings on the front and reverse. Description:50.00AED – United Arab Emirates Dirham (AED = Arabic for fifty). Dimensions: 151 x 64 mm Purple. Front: Arabic inscription; coat of arms; oryx (antelope) head with a silver foil stamp; back: a plain black background. Back: English text; Saker falcon; Al Ain’s Fort Jahili; Saker falcon on the wing.
- Symbols: Saker falcon head with electrotype 50 and coffee pot as a watermark Printed with a laser printer (Unknown).
- Paper.
- 500.00 AED – United Arab Emirates Dirham (Description) Dimensions: 159 x 68 mm Violet.
- Back: English text; Saker falcon; Jumeirah Mosque in Dubai; Saker falcon in flight.
- Saker falcon head with an electrotype 500 and a coffee pot as a watermark.
- The dimensions are 159 x 68 mm.
2003 – 2008 Issues
Violet. Saker falcon head on the front with Arabic calligraphy and coat of arms Rear: An English text; a Saker falcon; and the Jumeirah Mosque in Dubai With demetalized UAE 500, varifeye thread and 3-mm wide windowed security thread are used. Saker falcon head with an electrotype 500 and a coffee mug as a watermark; A printer is required (GieseckeDevrient). the size of the image is 159 x 68 mm Paper. Purple. Front: Arabic inscription; coat of arms; oryx (antelope) head with a silver foil stamp; back: a plain black background.
- Security thread with demetalized UAE 50 in a windowed design.
- The dimensions are 151 x 64 mm.
- 100.00 AED – United Arab Emirates (description) Dirham Dimensions: 155 x 66 mm Red.
- Text in English; Saker falcon.
- Saker falcon head with an electrotype 100 and a coffee pot as a watermark.
- The dimensions are 155 x 66 mm.
- United Arab Emirates Dirham (200.00AED) is the currency used in this transaction.
- Front: Arabic text, coat of arms, Sheikh Zayed Sports City, Judicial Department, and Sharia Court buildings in Abu Dhabi.
- Back: English text; Saker falcon; UAE Central Bank headquarters building in Abu Dhabi.
Security thread with a time limit. Saker falcon head with an electrotype 200 and a coffee pot as the watermark. Printed with a laser printer (Unknown). The dimensions are 159 x 68 mm. Paper. 500.00 AED – United Arab Emirates Dirham (Description) Dimensions: 159 x 68 mm
Violet. Arabic inscription on the front; coat of arms; Saker falcon head on the back. Back: English text; Saker falcon; Jumeirah Mosque in Dubai; Saker falcon in flight. A holographic stripe with a denomination is included. Security thread with demetalized UAE 500 on a windowed security thread. Saker falcon head with an electrotype 500 and a coffee pot as the watermark. Printed with a laser printer (Unknown). The dimensions are 159 x 68 mm. Paper. 1,000.00 AED – United Arab Emirates (description provided).
- Front: Arabic text; Saker falcon head as registration device; coat of arms; Al Hosn Palace (White Fort) in Abu Dhabi.
- Front: Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head.
- Security thread with demetalized UAE 1000 in a windowed design.
- Printed with a laser printer (Unknown).
- Paper.
1997 – 2007 Issues
These notes are identical to the previous issues, with the exception that the huge denomination over the watermark area at the front left has been removed. The United Arab Emirates Dirham (5.00AED) is the currency of the country. Dimensions: 143 x 60 mm Brown. Arabic lettering on the front, with a coat of arms and a picture of the Blue Souk in Sharjah. Rear: Anglo-Saxon text; a Saker falcon; the Bay of Khorfakkan in Fujairah, and a tower. a strong security thread that has been demetallized UAE 5 is a country in the United Arab Emirates.
- Printed with a laser printer (Unknown).
- Paper.
- Arabic inscription on the front, coat of arms, and traditional dagger on the back (khanjar).
- UAE 10 is a strong security thread that has been demetalized.
- Printed with a laser printer (Unknown).
- Paper.
- The front of the card has Arabic writing, a coat of arms, and the Dubai Creek GolfYacht Club edifice.
- Varieties is the watermark.
- The dimensions are 150 x 63 mm.
- Description:50.00AED – United Arab Emirates Dirham (AED = Arabic for fifty).
- Arabic inscription on the front; coat of arms; oryx (antelope) head on the back.
Security thread with demetalized UAE 50 in a windowed design. Saker falcon head is used as a watermark. Printed with a laser printer (Unknown). The dimensions are 151 x 64 mm. Paper. Description:100.00AED – United Arab Emirates Dirham (United Arab Emirates). Dimensions: 155 x 66 mm
Red. Fahidi Fort in Dubai is shown on the front with Arabic calligraphy and a coat of arms. A view of Dubai’s Trade Centre Tower from the back. Text in English; Saker falcon. UAE 100 is a demetalized version of the windowed security thread. Saker falcon head is used as a watermark. Printed with a laser printer (Unknown). The dimensions are 155 x 66 mm. Paper. 500.00 AED – United Arab Emirates Dirham (Description) Dimensions: 159 x 68 mm Violet. Arabic inscription on the front; coat of arms; Saker falcon head on the back.
- Stripe with holographic effects.
- Varieties is the watermark.
- The dimensions are 159 x 68 mm.
- One thousand one hundred and fifty AED — United Arab Emirates Dirham Dimensions: 163 x 70 mm Brown.
- Back: Arabic text; Saker falcon head as registration device; coat of arms Back: English text; Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head.
- Stripe with holographic effects.
- Saker falcon head is used as a watermark.
- 163 x 70 mm is the size of the image.
Your Guide to Currency in Dubai
Before you head to the Dubai Mallor and immerse into the city’s thriving nightlife scene, it’s a good idea to become familiar with the local money. The dirham of the United Arab Emirates is the official currency of Dubai, which is abbreviated as AED but is more usually referred to as Dhs or DH in informal conversations. Each dirham is made up of 100 fils. Various denominations of dirham notes are available, including 5 (brown), 10 (green), 20 (blue/green), 50 (purple), 100 (red), 200 (brown), 500 (navy blue), and 1000 (green/blue) dirhams.
Make an effort to bring smaller bills with you; not only are they more convenient for tipping, but it can be difficult to receive change for anything larger than a 100 dirham bill in taxis and certain convenience stores.
The History of the Dirham
Getting a grip on the local currency is important before you head to theDubai Mallor and immerse intoDubai’s thriving nightlife. The dirham of the United Arab Emirates is the official currency of Dubai, which is abbreviated as AED but is more usually referred to as Dhs or DH in informal speech. There are 100 fils in every dirham (dollar). Various denominations of dirham notes are available, including 5 (brown), 10 (green), 20 (blue/green), 50 (purple), 100 (red), 200 (brown), 500 (navy blue), and 1000 (green/blue).
Avoid carrying big bills with you; not only are they more convenient for tipping, but it might be difficult to receive change for bills greater than a 100 dirham bill in taxis and some convenience stores.
Exchanging Currency in Dubai
The exchange of your native money into dirhams should be a simple process for you. Due to the rigorous regulation of the market, there is minimal risk of getting taken for a ride in this country. Furthermore, because Dubai is such a major transit center, the majority of money exchangers deal in a diverse variety of currencies from all over the world. You should exchange a little amount at the airport to cover gratuities and taxi fares, then a bigger amount once you have arrived in the city to get the best exchange rate.
Consider shopping around for the best rate, as money exchangers are sometimes more competitive than banks in terms of rates.
to 1 p.m.
The city of Dubai also has hundreds of ATMs, many of which are conveniently positioned in shopping malls and metro stations as well as supermarkets and air-conditioned cubicles on the street.
Using Credit Cards in Dubai
It’s a good idea to have cash on hand for little purchases such as gratuities, taxis, and negotiating in the souks (markets), but you won’t need to carry big amounts of cash for major purchases. In Dubai’s hotels, stores, and restaurants, major credit cards like as Visa, MasterCard, and American Express are commonly accepted, as are debit cards.
Tipping in Dubai
When it comes to tipping in Dubai, there are no hard and fast laws, so while it is usual to tip, it is by no means mandatory. A good rule of thumb is to tip your waiter 10 to 15 percent when you are satisfied with the service at a restaurant, bar, or café, even if a service fee has been added to your bill. Taxis should be paid in dirhams rounded up to the closest note or in 5 or 10 dirham bills. The vast majority of cabs do not take credit cards. Hotel personnel and valets are frequently tipped between 5 and 10 dirhams, with higher amounts given if they are charged with transporting big luggage.
If you reside in Dubai, you can have practically anything delivered to your door at any time, day or night.
Simply dial the number for the nearest convenience store.
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AED to INR, United Arab Emirates Dirham to Indian Rupee Conversion Online at Goodreturns
How does the currency conversion from AED to INR take place? The United Arab Emirates Dirham, often known as the AED, has been extremely volatile in relation to the Indian rupee in recent years. Let’s have a look at how the AED to INR conversion is completed. Most of the time, the trend to follow is the interbank exchange, which means that if the Indian rupee falls against the dollar, an individual will also receive more money in the form of United Arab Emirates Dirham. Overall, the value of AED against INR is heavily influenced by the movement of the currency in the interbank foreign exchange market.
This might be a useful tool for them in order to verify and convert from AED to INR.
– We do not anticipate that pattern to change in the foreseeable future, at the very least in the next several weeks.
A person’s money may be worth more or less depending on the current exchange rates once a country’s currency has been changed.
Converting AED Vs. INR
The United Arab Emirates dirham (abbreviated AED) is the currency of the United Arab Emirates. The term Dirham comes from the Greek word Drachmae, which literally translates as “handful.” As of January 29, 2018, one AED is equal to INR 17 (Indian rupee). 1 AED is equal to 17 INR, which implies that for every 1 Dirham given or spent, you should receive INR17 or something to that value in return. The currency conversion of AED to INR is influenced primarily by a variety of external variables that have an impact on the value of the currency in the global currency exchange market.
- This term refers to the rate at which the general price of goods and services rises in a certain nation.
- The value of the Indian Rupee versus the AED will be higher if the rate of inflation is less than 3 percent, and vice versa if the rate of inflation is less than 3 percent.
- By benchmarking interest rates, central banks are able to take a number of steps to ensure a stable flow of money in a particular country.
- They are expressed in percentages.
- In contrast, when there is an excessive amount of money circulating in the market, the supply of commodities will be reduced, a high rate of inflation will sneak in, resulting in an appreciation of the exchange rate.
- If all of the above-mentioned parameters are met, the value of the currency will rise as foreign investors gain confidence in the country’s prospects for growth.
- Disclaimer: The currency rates used in this calculator are obtained from reputable sources.
- GoodReturns.in has made every effort to ensure the accuracy of the information supplied; nonetheless, Greynium Information Technologies Pvt Ltd, its subsidiaries, and affiliates make no representation or warranty as to the accuracy of the information offered.
- It is not a solicitation to purchase, sell, or otherwise act in accordance with the rates provided.
Convert British Pounds to Emirati Dirham
Place your order on our website and you may pick up your dirham from one of our locations, or even have it delivered directly to your house, at your convenience. Place your order for your Emirati dirham. When it comes to the name of the Emirati dirham, it all goes back to the ancient Greek term drachmae, which literally means ‘handful,’ and which corresponds to the old Greek money of the drachma. Due to commerce with Arabia at that time period, the Byzantine Empire spoke Greek, which resulted in the usage of Greek drachma coins throughout the regions that are now known as the United Arab Emirates.
On May 19, 1973, the United Arab Emirates dirham was introduced, replacing the previous Qatari riyal and Dubai riyal at par with the dirham of the United Arab Emirates.
Prior to 1966, the Gulf rupee was the official currency of the United Arab Emirates.
A look back at British pound to Emirati dirham rates
The dirham was formally tied to the International Monetary Fund’s special drawing rights on January 28, 1978, when the agreement was signed. Special drawing rights, sometimes known as SDRs, are monetary units whose value is determined by a basket of major international currencies. In actuality, the Emirati dirham is tied to the US dollar on a daily basis. It has been tied to the US dollar at a rate of 3.6725 dirhams to one dollar, or 0.272294 dollars to one dirham, since November 1997, and it has remained fixed to the dollar since since.
Need to convert a different currency?
Updated at 22:45:00 (GMT) on Tuesday, October 2, 2022 Get a Quote
Currency Conversion Tables
1 Day 4.0E-7 4.0E-7 (0.00015 percent ) 1 Week 4.0E-7 4.0E-7 4.0E-7 (0.00015 percent ) 1 Month 4.0E-7 4.0E-7 (0.00015 percent ) 1 year5.0E-5 et cetera (0.0184 percent )
Range of Change
360 days are included in this calculation. a period of 180 days 30 days7 days is a long period of time.
| Date | Exchange Rate |
| 10 Feb 22 | 1 AED = 0.2722 USD |
| 09 Feb 22 | 1 AED = 0.2722 USD |
| 08 Feb 22 | 1 AED = 0.2722 USD |
| 07 Feb 22 | 1 AED = 0.2722 USD |
| 06 Feb 22 | 1 AED = 0.2723 USD |
| 05 Feb 22 | 1 AED = 0.2723 USD |
| 04 Feb 22 | 1 AED = 0.2722 USD |
| 03 Feb 22 | 1 AED = 0.2722 USD |
| 02 Feb 22 | 1 AED = 0.2723 USD |
| 01 Feb 22 | 1 AED = 0.2722 USD |
| 31 Jan 22 | 1 AED = 0.2722 USD |
| 30 Jan 22 | 1 AED = 0.2723 USD |
| 29 Jan 22 | 1 AED = 0.2723 USD |
| 28 Jan 22 | 1 AED = 0.2722 USD |
| 27 Jan 22 | 1 AED = 0.2722 USD |
| 26 Jan 22 | 1 AED = 0.2722 USD |
| 25 Jan 22 | 1 AED = 0.2722 USD |
| 24 Jan 22 | 1 AED = 0.2722 USD |
| 23 Jan 22 | 1 AED = 0.2723 USD |
| 22 Jan 22 | 1 AED = 0.2723 USD |
| 21 Jan 22 | 1 AED = 0.2722 USD |
| 20 Jan 22 | 1 AED = 0.2722 USD |
| 19 Jan 22 | 1 AED = 0.2722 USD |
| 18 Jan 22 | 1 AED = 0.2722 USD |
| 17 Jan 22 | 1 AED = 0.2722 USD |
| 16 Jan 22 | 1 AED = 0.2723 USD |
| 15 Jan 22 | 1 AED = 0.2723 USD |
| 14 Jan 22 | 1 AED = 0.2722 USD |
| 13 Jan 22 | 1 AED = 0.2722 USD |
| 12 Jan 22 | 1 AED = 0.2722 USD |
Currency Conversion Tables
Contact us at +44 20 3322 9048, +353 (0)76 680 5788, or +61 2 8520 3922. In order to ensure that the currencyfair exchange rate margins and fees were accurate, Currencyfair.com was verified and updated on February 8, 2022
Kantox Info
+44 20 8133 3531+34 93 567 98 34+44 20 8133 3531 On March 22, 2021, the Kantox exchange rate margins and fees were examined and updated from the website kantox.com.
| Firm | Fee | Exchange Rate | Pay By | Delivers | Cost | د.إ1000 |
|---|---|---|---|---|---|---|
| 1Currencyfair | 15.00 | 0.2706 | $ 5.66 | $ 266.56 | ||
| 2Kantox | 109.68 | 0.2723 | $ 29.86 | $ 242.39 | ||
| fx-rate.net | 22:45:02(GMT) 10/02/2022 |
Please keep in mind that under the Financial Services and Markets Act 2000, neither fx-rate.net nor Enclick Ltd are authorized to provide advise. The prices listed here represent our best estimate of the anticipated exchange rates, and they are intended solely for illustrative reasons. Exchange rates fluctuate continuously throughout the day, and they can even alter at the time of a trade’s closure. We maintain the pricing up to date by monitoring the exchange rate margins and fees charged by each supplier, and then applying these to the currency interbank rate, which is our best estimate of the amount they will charge their clients.
You are welcome to reproduce and distribute the table under the terms of the Creative Commons Attribution 3.0 License – please attribute the table to fx-rate.co and link back to it.
Dirham: the Arabic currency
The Arabic Dirham was created as the official national currency of the United Arab Emirates in 1971 and is currently solely used in that country. 1 Dirham is divided into 100 Fils. 1 Fil is equal to one fil. The Arabic Dirham is pegged to the US Dollar at a set exchange rate, similar to the Euro. As a result, 1 Dirham is always worth 0.2723 US Dollars. ISO 4127:AEDNumeric:784 ISO 4127:AEDNumeric:784 All available currencies are listed here.
Exchange rate history 10 AED in USD
Since 1971, the Arabic Dirham has served as the official national currency of the United Arab Emirates, where it is still in use today. Fils are divided into one Dirham, which is equal to 100 fils.
Arabic Dirhams are locked in exchange rate with the US Dollar, which means they can’t be traded on the market. Accordingly, one dirham is always worth 0.2723 US dollars. ISO 4127:AEDNumeric:784 is an ISO 4127:AEDNumeric:784 number. All available currencies are listed here.
Currency reserves for the Arabic Dirham
The Arabic Dirham was founded in 1971 as the official national currency of the United Arab Emirates, and it is now the sole currency in use in the country. 1 Dirham is divided into 100 Fils. 1 Fil is equal to 1 fil. The Arabic Dirham is pegged to the US Dollar at a set exchange rate, similar to that of the Euro. Accordingly, one dirham is always equivalent to 0.2723 US dollars. ISO 4127:AEDNumeric:784 (ISO 4127:AEDNumeric:784) a comprehensive list of all currencies
Sources
Data from the European Central Bank was used to calculate all of the conversion rates used. The International Monetary Fund (IMF) provides information on currency and gold reserves.