United Arab Emirates The Emirati Dirham (AED) is the official currency of the United Arab Emirates (UAE) and is managed by the Central Bank of the UAE. Introduced in 1973, the Dirham replaced the Qatari and Dubai riyals and has since been a stable currency, pegged to the US dollar at a fixed exchange rate of approximately 3.67 AED to 1 USD. The UAE, known for its strong economy driven by oil, tourism, real estate, and financial services, relies on the Dirham for both domestic and international transactions.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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