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Money and Shopping in United Arab Emirates


Money and Shopping in United Arab Emirates

The currency is the United Arab Emirates dirham (AED, local abbreviation dhs). Conversion rates are 3.68 AED for 1 USD, 4.5 AED for 1 EUR and 6.8 AED for 1 GBP. The Dirham is pegged to the USD, so rate variations with this currency are unlikely. Notes are in denominations of 5, 10, 20, 50, 100, 200, 500, and 1,000 dirhams. There is a one dirham coin with sub-units of 25 and 50 fils coins (100 fils = 1 dirham). There are 5 fils and 10 fils coins but these are rarely seen (and provide an excuse for traders to 'short change'). Cash and travellers' cheques can be changed at exchanges located at the airports or in all the major shopping malls. ATMs are numerous and generously distributed. They accept all the major chain cards: Visa, Cirrus, Maestro etc. Credit cards are widely accepted.

The Most Frequently Asked Travel Questions about United Arab Emirates


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United Arab Emirates Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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