United Arab Emirates dirham · AED
د.إ symbol · 1 country currently using this currency.
Currency info
Adopted: 1973
Currency family: Other
The UAE dirham is one of the world's most stable currencies due to its fixed peg to the US dollar and the nation's oil wealth.
- Introduced on May 19, 1973, replacing the Qatar and Dubai riyal at a fixed rate of 1 dirham = 1 riyal
- Pegged to the US dollar at 3.6725 dirhams per dollar since 1997
- Subdivided into 100 fils, with coins and banknotes issued by the Central Bank of the UAE
- Named after a historical Islamic silver coin, reflecting regional monetary heritage
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Qatar and Dubai riyal