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The Arab Emirates Dirham (/ ˈ d ɪər (h) ə m /; [2] Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh (singular) and Dhs (plural) or DH in Latin; ISO code: AED is the official currency of the United Arab Emirates. The dirham is subdivided into 100 fils (فلس).
The Emirati Dirham is the currency of United Arab Emirates. Our currency rankings show that the most popular Emirati Dirham exchange rate is the AED to USD rate. The currency code for Dirhams is AED, and the currency symbol is د.إ. Below, you'll find Emirati Dirham rates and a currency converter.
- 1/100 = fils
- Emirati Dirham
- فلس
- د.إ
- History of The UAE Dirham
- What Is The Official Currency of The UAE?
- UAE Currency Exchange Rate For Popular Currencies
- FAQs About The UAE Currency
The UAE dirham’s story begins in 1973, replacing the Qatar riyal, the main currency since 1966 (except in Abu Dhabi). This switch came after a period where Qatar and Dubai both used the riyal, following the transition from the Gulf rupee. The dirham’s initial coin system mirrored the Qatar riyal, with denominations of 1, 5, 10, 25 and 50 fils plus ...
The official United Arab Emirates currency is the UAE Dirham or the Emirati Dirham. The Dirham was put into circulation on 19th May 1973. Before this, the Bahraini Dinar was used in Abu Dhabi, while Dubai and other Emirates used the Qatar-Dubai Riyal. The UAE Dirham is pegged to the US Dollar, with a fixed exchange rate of 1 USD = AED 3.67. The off...
ARE THERE PENALTIES ON MISUSING CURRENCY IN THE UAE?
Counterfeiting or forging UAE currency notes, or foreign currencies in the UAE is illegal under Articles 239 to 245 of the Penal Code. Also, Article 184 of the same code forbids insulting or harming the reputation of the UAE, its flag, emblem or any of its institutions. This offence carries a maximum sentence of 5 years in prison and a fine of up to 500,000 UAE dirhams.
WHAT IS THE STRONGEST CURRENCY IN THE WORLD?
The Kuwaiti dinar (KWD), introduced in 1960, is the world’s strongest currency. This small nation, wealthy due to its oil exports, initially pegged the dinar to the British pound. Today, exchanging one US dollar yields only about 0.30 dinar, solidifying the KWD’s position as the world’s most valuable currency.
WHAT IS THE CURRENCY USED IN DUBAI?
The official currency used in Dubai is the UAE Dirham, like the rest of the United Arab Emirates.
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. History of the UAE Dirham.
Sep 21, 2024 · The AED is the currency abbreviation for the United Arab Emirates dirham, the official currency of Dubai and other Emirates. It is often presented with the symbol Dhs or DH. The United Arab ...
1 United Arab Emirates dirham to Indian rupees. Convert AED to INR at the real exchange rate. AED. Converted to. INR. د.إ1.000 AED = ₹22.78 INR. Mid-market exchange rate at 07:22. Track the exchange rate Send money. Save when you send money abroad. Sign up today. AED to INR conversion chart. 1 AED = 22.78190 INR. 0. Updated a few seconds ago.
The United Arab Emirates dirham is the currency of the United Arab Emirates. The dirham is abbreviated by the currency code AED, and its symbol is د.إ. Unofficial abbreviations include ‘Dhs’ and ‘DH’. The most popular AED exchange is with Indian rupees (INR to AED).
