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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

Historical predecessor

Qatar and Dubai riyal