AED (United Arab Emirates currency)

United Arab Emirates dirham is the one type of currency of the country United Arab Emirates for the day-to-day transaction or exchange of commodities and services.

AED (United Arab Emirates dirham) is the currency of the united arab emirates. The dirham is divided into 100 fils. The dirham has been the official currency of the United Arab Emirates since 1973, replacing the Qatar and Dubai riyal.

The Central Bank of the United Arab Emirates is responsible for the issuance of banknotes and coins in the country. The current series of banknotes in circulation include denominations of 5, 10, 20, 50, 100, 200, 500 and 1,000 dirhams.

What is the full form of AED Currency?

AED full form is United Arab Emirates dirham. It is the currency of the country United Arab Emirates.

What are the basic details of AED currency?

Some basic details of the currency of the United Arab Emirates-

Currency NameThe United Arab Emirates dirham
Subunit1/100 (fils)
DenominationsBanknotes: 5, 10, 20, 50, 100, 200, 500, 1000 dirhams; Coins: 1, 5, 10, 25, 50 fils, 1 dirham
Central BankCentral Bank of the United Arab Emirates
IssuanceThe Central Bank of the United Arab Emirates is responsible for issuing and controlling the circulation of banknotes and coins
Exchange RateAs of May 14, 2023, 1 USD = 3.67 AED
AED currency basic details

How to convert AED to USD or other currency?

You can consider these simple steps to convert AED to USD-

  1. First of all, Find the current exchange rate for AED to USD.
  2. Then Multiply the amount of AED you wish to convert by the current exchange rate.
  3. Then round the result to the nearest cent if necessary.
  4. Alternatively, you can use an online currency converter (such as, or to fast and easily convert AED to USD. Simply enter the amount of AED you wish to convert and select USD as the target currency, and the converter will automatically calculate the converted amount based on the current exchange rate.

What is the basic information about the United Arab Emirates?

Some other basic information about the United Arab Emirates:

AttributeBasic Information
CountryUnited Arab Emirates
CapitalAbu Dhabi
Largest CityDubai
Official LanguageArabic
Other Recognized LanguagesEnglish, Hindi, Persian, Urdu
GovernmentFederal presidential elected monarchy
Head of StatePresident Khalifa bin Zayed Al Nahyan
Head of GovernmentPrime Minister Mohammed bin Rashid Al Maktoum
Constitution1971 Constitution of the United Arab Emirates
IndependenceDecember 2, 1971
National DayDecember 2
National Anthem“Ishy Bilady” (“Long Live My Nation”)
FlagThree equal horizontal bands of green, white, and black with a wider vertical red band on the hoist side
Area83,600 sq km (32,278 sq mi)
Population10.23 million (2023 estimate)
Population Density118.4 people per square kilometer
CurrencyUnited Arab Emirates dirham (AED)
Time ZoneGST (Gulf Standard Time), UTC+4
Calling Code+971
GDP (nominal)$498.98 billion (2023 estimate)
GDP Per Capita$44,450 (2023 estimate)
Human Development Index (HDI)0.891 (very high)
Driving SideRight
Major IndustriesOil and gas, finance, real estate, tourism, construction
Major Trading PartnersChina, India, United States, Japan, Germany, United Kingdom
ReligionIslam (official)
Major HolidaysEid al-Fitr, Eid al-Adha, Prophet Muhammad’s Birthday, National Day
ClimateArid, with hot summers and mild winters
Major Mountain RangesHajar Mountains, Al-Buraimi Plateau
Major RiversDubai Creek
Major LakesJebel Ali Lake
Major PortsPort of Jebel Ali, Port of Abu Dhabi, Port of Fujairah
Major AirportsDubai International Airport, Abu Dhabi International Airport, Sharjah International Airport
Famous LandmarksBurj Khalifa, Palm Jumeirah, Sheikh Zayed Grand Mosque, Burj Al Arab, Dubai Mall

Faqs on AED Currency

1. Is AED a stable currency?

Yes, it is a stable currency.

2. Can I use AED in other Countries?

The United Arab Emirates dirham is not widely accepted outside of the UAE, so it is recommended to exchange any unused AED for another currency before leaving the country.

3. When was the United Arab Emirates dirham introduced?

The United Arab Emirates dirham was introduced in 1973.

By larry Brown

A senior accountant, and banking & finance expert, with five years long experience in banking, finance, Investment, and money management.


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