Currency in the UAE

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Currency in the UAE
Currency in the UAE

Video: Currency in the UAE

Video: Currency in the UAE
Video: Currency of the world - United Arab Emirates. United Arab Emirates dirham. Exchange rates UAE 2024, December
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photo: Currency in the UAE
photo: Currency in the UAE

The United Arab Emirates includes seven emirates. There are a lot of tourists who want to visit one of the small states that make up the UAE. On your first trip, you may well be interested in what currency is in the UAE.

The dirham is the national currency used in the United Arab Emirates. This currency was introduced in 1973. Today, coins and banknotes are in circulation. Coins of 25 and 50 fils (100 fils = 1 dirham), as well as 1 dirham. Banknotes of 5, 10, 20, 50, 100, 200, 500 and 1000 dirhams.

How much money to take in the UAE

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As noted above, dirhams in the UAE began to be used in 1973. Prior to that, other currencies were used in all emirates. From 1959 to 1966, the Gulf rupee was used as the currency. Later, until 1973, all emirates except Abu Dhabi used the Qatar rial. Accordingly, the only emirate of the UAE used the Bahraini dinar.

What currency to take in the UAE

This is the second logical question among tourists planning to fly to the United Arab Emirates. Of course, you can take any currency with you and exchange it for local currency upon arrival. However, it is best to choose the dollar, it is to the dollar that the dirham is pegged at a constant rate - 1 dirham = 3.6 dollars.

There are no restrictions on the import of currency into the UAE, so there is no need to worry about this.

Currency exchange in the UAE

You can exchange foreign currency for dirhams in various establishments - from the airport to hotels and post offices. Of course, it is best to change your currency in specialized exchange offices, here you will get the most favorable exchange conditions. And, for example, at the airport it is not worth changing all the brought currency - it is not profitable.

Most often, currency exchange is carried out in banks and exchange offices, so it is worth saying at what time they work. Banks are open from 8 am to 1 pm. Exchange offices from 09:00 to 13:00 and from 16:30 to 20:30. All days except Friday are working days in the UAE.

Plastic cards

In large cities of the UAE, many services can be paid using a bank card, but in the provinces, this will be problematic.

Many hotels accept cards for payment, this can be specified in advance. You should also clarify whether your card is suitable for paying for services abroad. Money in the UAE can be withdrawn from ATMs or banks.

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