United Arab Emirate Dirham (AED), as it's termed in the international market. One Dirham is equal to 100 Fils. Dubai as well UAE Currency is AED which is the Currency in Dubai is the UAE Dirham (Dh), or the he official name of the Currency. Dubai currency notes are available in denominations of 5,10,20,50,100,200,500 and 1000 Dirhams. Dubai Currency exchange rate varies day to day and Dubai currency exchange rate are available on Dubai Govt. website.
Coins were introduced in the the UAE Market in 1973.Coins are available in denominations of 1,5,10,25 and 50 fils and 1 Dirham. However, coins with a denomination below 25 fils have become valueless in the market and are rarely used. You can use following tool to calculate or convert Indian rupee or US Dollar to Dubai money exchange i.e. Dirham. Dubai Currency Converter is also available. In 1995, UAE government have been reduced the Size of the 50 fils and new 50 fils was launched in curve-equilateral-heptagonal shaped.
The ISO 4217 code for United Arab Emirates Dirhams is also called AED. The numeric code of Dirham is 784. The AED is available in 8 different denominations viz. 1000, 500, 200, 100, 50, 20, 10 & 5 Dirhams.We all know the good currency exchange plays a pivotal role to have a happy trip. If you go for a Dubai tour, be sure of the fact that you go for a Dubai currency exchange from the trusted bookers, banks or agents which offer better rates.
Specialist brokers, high street banks and tourist outlets offer competitive rates for changing large sums of money have lower in lower overheads. The more money you convert the better rate you pay. You may even get the fair idea about the prevailing market trends and currency movements by getting the inside information from the currency dealers.
It's important to know the exchange rate of your Dubai currency transfer, as the any change in the exchange rat can either be detrimental or beneficial in your dirham transfer.
The official exchange rate of Dirham has been fixed to the US dollar since 1980 at the exchange rate of US$ 1 = Dh 3.675. Almost all renowned international banks have offices in Dubai and there are also various UAE Dirham exchange houses throughout the city.
The Dubai Currency Exchange Counters is available in most of the hotels in Dubai, from where you can exchange currencies officially in Dirhams .
Bank timings are: 8AM - 1PM while Dubai money exchange houses operate between 8AM - 1PM and 4:30PM - 8:30 PM.