What is the name of the national currency in the UAE? What currency to take in the UAE? Is it possible to pay in the UAE with dollars and a bank card? How to change money in the UAE?
The UAE is one of the richest countries in the world with a high GDP. Going on vacation, you need to know what the local money is called, what exchange rate and what currency is better to take on a trip. We present you an overview of important information for tourists.
National currency and money in the Emirates
The currency used in the UAE is the dirham . The international designation in exchangers is AED (Arab Emirates Dirham) , also on price tags in stores there may be a signature DHS or DH . There are 100 fils coins in 1 dirham.
In circulation there are banknotes of 5, 10, 20, 50, 100 and 500 dirhams, sometimes 1000 dirhams are found. The banknotes depict famous architectural monuments and national symbols. All inscriptions on banknotes are in Arabic , look carefully at the numbers.
Where is it profitable to change money in the UAE?
The best exchange rate is in exchange offices and banks. Banks are open without a lunch break daily from 8 am to 2 pm. There are many exchange points, they are in all shopping centers, gas stations and hotels. For the convenience of tourists, there are exchange offices in the departure area of airports where you can return local money and buy souvenirs for the rest.
What is the best currency to take in the UAE?
It is most convenient to take dollars with you , and pay in dirhams. The rate is pegged to the dollar, and is 3.7 AED per $1. Many merchants accept euros and dollars, give change in dirhams, but at an unfavorable rate.
Can I pay by card in the UAE?
In most supermarkets, souvenir shops and shopping centers, you can make purchases by paying with a bank card. The rate depends on the currency and is written on a sign next to the cash desk. It is more convenient to take an American Express, Visa or Mastercard dollar card.