UAE Dirham
Arab Emirate Dirham Rates
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Latest Dirham Rates
Please see our latest exchange rates page for the most up-to-date mid-market rate.
Recent Trading Range
In 2011, the UAE Dirham traded between 5.6633 and 6.1339 against the Pound.
Latest AED Exchange Rate News
Please see our news section for the latest currency news affecting worldwide exchange rates. You can also visit our dedicated page on money transfers to Dubai, including timescales and information needed to make your transfer.
Overview - AED
The Dirham is the currency for the United Arab Emirates and was introduced December 1971. It replaced the Qatar and Dubai Riyal at par which had been in circulation since 1966 in all of the Emirates except Abu Dhabi, where the Dirham replaced the Bahraini dinar at 1 dirham = 0.1 dinar. Before 1966, all the Emirates that were to form the UAE used the Gulf Rupee. Since November 1997, the dirham has been pegged to the U.S. dollar at 1 = 3.6725 Dirhams.
The dirham comes in the following bank notes: 5, 10, 20, 50, 100, 200, 500 and 1,000.