Currency in the UAE: exchange, import, money. What is the currency in the UAE?
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. When you first travel, you may well be interested in what currency is in the UAE. Dichram 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 dichram), as well as 1 dichram. AED 5, 10, 20, 50, 100, 200, 500 and 1000 banknotes.
Short story
As noted above, dichrams 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 rial of Qatar and Dubai. Accordingly, the only emirate of the UAE used the Bahraini dinar.
When the transition to a new currency was carried out, the rial was exchanged for dichram in a ratio of 1: 1, and the rial - 1 dichram = 0.1 dinars.
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 dichram is pegged at a constant rate - 1 dichram = 3.6 dollars.
The import of currency into the UAE has no restrictions, so there is no need to worry about this..
Currency exchange in the UAE
You can exchange foreign currency for dichrams in various establishments - from the airport to hotels and post offices. Of course, it is better to change everything in specialized exchange offices, here you will get the most favorable exchange conditions. And, for example, at the airport, you should not change all the brought currency - it is not profitable.
Most often, currency exchange is carried out at 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 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.