Is it possible to pay with a visa card in the UAE? Dubai currency: where to exchange and what money to take with you on a trip. Alcohol and cigarettes

There are many people who like to relax in warm countries. Trips to exotic places and countries are especially relevant during the cold season in Russia. Currently, Dubai is becoming increasingly popular among tourists. This city can surprise you with its luxury. But few travelers know what the currency is in Dubai. Throughout the country of the United Arab Emirates, one currency is valid. It is the main currency of Dubai - the dirham. At exchange offices, it can be determined by writing three letters in front of the amount - AED. However, sometimes the currency may be referred to as dhs. This prefix is placed after the monetary amount.

History of currency

Not so long ago, back in 1959, the Persian rupee was used as a currency in Dubai. A few years later, starting in June 1966, another currency came into circulation. The Saudi Arabian rial served her purpose. It was a temporary monetary unit. At this time, many were eager to exchange rupees for real. The exchange rate then was 100:106.5. But the currency did not last long. Already in September of the same year, the Qatari riyal was introduced into circulation. At the same time, in Abu Dhabi the Bahraini dinar was used as a means of payment. For one such unit they gave ten rupees.

The modern currency of Dubai, the dirham, came into circulation in 1973. It began to be used throughout the territory. It was possible to exchange the old currency for the new dirham at a one-to-one rate. Only Abu Dhabi distinguished itself, here the exchange rate was only 0.1 to 1. At that time, banknotes in denominations of five, ten, twenty, fifty, one hundred, two hundred, five hundred and one thousand dihrams were in use. For coins, another, smaller currency is used - fils.

Banknotes and coins

As in most other countries, currency in Dubai comes in two forms: banknotes and coins. Banknotes are compact in size and can easily fit into any wallet. The most popular banknotes in Dubai are one hundred dirhams, they are distinguished by their red color. The purple fifty dirham note is no less common. Next comes the twenty dirham note, which is blue-green in colour, the green ten and the orange note with a face value of five dirham.

However, this is not all the banknotes. There are also banknotes in circulation in denominations of two hundred, five hundred and one thousand dirhams. In this case, you should be very careful, since it is very similar to a banknote of fifty dirhams. Fraudsters can take advantage of this, since the face value of the banknote on one side is indicated in Arabic numerals. On the reverse side the denomination is indicated in Roman numerals. The banknotes themselves feature an image showing the life and traditions of the UAE.

In addition to banknotes, there are also coins in circulation. There are only three such banknotes:

One dirham.
Fifty fils.
Twenty-five fils, the smallest coin.

It is worth considering that there are exactly one hundred fils in one dirham. But a coin worth one dirham is simply irreplaceable in Dubai. It is used to pay for a parking space. Car enthusiasts should take care of their availability in advance.

Currency exchange in Dubai

Exchanging currency in Dubai is not difficult. This can be done at any specialized point. Very often they are automated. At the same time, the Dubai currency exchange rate is one of the most transparent, since it does not have any hidden fees.

You can easily find an exchange office in any of the many shopping centers. They can be easily recognized by LED screens that display the exchange rate. Its quotes are updated every morning, and sometimes several times in one day.

How and where is it more profitable to make an exchange?

You shouldn't change all your money at once, do it as needed. This is due to the fact that during the exchange some of the money is still lost. And if you exchange the entire amount at once, but do not spend this money, then at the end of the trip you will have to change it again. This way another part of the money will be lost. Don't be afraid of being scammed when exchanging money. If the operation is performed at automated points, the likelihood of this is completely eliminated.

Exchange rate to ruble and dollar

The exchange rate for the Dubai currency against the ruble is constantly changing. This is due to the high volatility of the Russian monetary unit. But quotes do not have sharp changes. At the moment it costs a little more than fifteen Russian rubles. But in relation to the dollar, the Dubai currency has a stable exchange rate. For one American dollar, exchange offices offer 3,675 dirhams.

What kind of money is best to take on a trip?

The currency of Dubai is very exotic for residents of the Russian Federation. In our country, it is unlikely to be possible to exchange rubles for dirhams in advance at a bank or other exchange office. But this should not upset the tourist who is planning to visit

Dubai is one of the most developed centers of recreation and tourism. For this reason, exchanging money will not be difficult. All exchange offices accept most currencies from all developed countries. The ruble is no exception.

However, despite the ease of exchange, when choosing the currency to take with you on a trip, it is better to stick with the dollar. The article has already mentioned that its rate is always stable. In addition, it is the most profitable in comparison with the euro and especially the ruble.

And in the end

At the end of the article, I would like to remind you that the currency called the dirham exists not only. It is also called the monetary unit of Morocco. But it is worth considering that the rates of this currency differ significantly in relation to the euro, dollar and others

What is the currency in the UAE for now? At the moment, the dirham is the currency of this country. For many years, the currency has remained pegged to the International Monetary Fund.

For more than six years, the dirham has been pegged to the dollar, 1 dollar = 3.6726 dirhams, or approximately 1 dirham = 0.272295 dollars. Today, you can find banknotes in denominations of 1, 5, 10, 50, 100, 200, 500, 1000 dirhams. Visitors to the UAE can easily use the local currency as the text on the banknotes is written in Arabic with Eastern Arabic numerals, and on the back of the banknote there is English text with Arabic numerals.

In addition to paper bills, the UAE also uses coins, they are called fils. Coins can be made of bronze or cupronickel. Previously, the coins had the same shape, but then the state decided to change the shape of the coins for ease of use. UAE coins can be used easily as they have regular Arabic numerals. You may come across in everyday life coins that are not similar, different from ordinary fils; such coins are worth saving, as they are rare. The country's bank has produced a series of commemorative and very rare coins in the amounts of 1, 5, 10, 25, 50, 100, 500, 750, 1000 dirhams, and it is considered great luck to come across one of these coins.

What is the currency in the UAE exchangeable? When visiting, you can take currency with you in dollar equivalent, as well as euros. However, the dollar will be exchanged much more profitably than the euro, this is due to the fact that the country’s national currency is pegged to the dollar. Exchange offices can be found on almost every street, but it is best to exchange currencies at bank branches. Banks are usually open from Monday to Friday, until approximately 16:00. Some bank branches may be open on Saturday. It is profitable to exchange money; you can also visit any shopping center or gold store. Usually in such stores you can not only purchase gold, but also exchange currencies. All shops are open until late evening and seven days a week, so it is very convenient. If you have just arrived in , you can change money at the hotel administrator. Having chosen this exchange option, you should know that the rate will be much lower than the bank rate. Tourists usually will not experience problems with currency exchange; it is natural to buy goods and use additional services more profitably when you pay in national currency.

What is the currency in the UAE not exchangeable? Any currency other than the dollar and euro cannot be exchanged. A convenient solution for tourists will be the use of bank cards, since ATMs in the UAE are located on every street and near large hotels.

Huge reserves of oil and gas ensured the prosperity and rapid development of this association.

Like any country, the UAE has its own national currency. It is very important for tourists to know which currency is valid in the territory they want to visit, because this knowledge greatly facilitates the first days of a foreigner’s stay in a foreign country. Therefore, if you are going to visit the UAE, you should find out information about the money of this state.

Dirham is the national currency of the UAE. The international designation of this currency is AED, the domestic designation is DHS or DH.

The currency of the UAE, or rather its name, comes from the word “drachma”, which denotes Greek money that circulated in Greece from 02/08/1833 until the period when the state currency changed to the euro in connection with joining the European Union (01/01/2002).

Briefly about the history of the UAE dirham

To resolve the issue of creating a national currency, the Central Bank was organized on May 19, 1973, which was originally called the UAE Monetary Council. On the same day, the modern currency of the UAE was issued for the first time.

Before its introduction, the Qatari rial and the Bahraini dinar were in force in the emirates. The currency previously in circulation was replaced by the dirham within a few weeks, based on the following calculation:

1 rial = 1 dirham;

1 dinar = 10 dirhams.

Thus, 131 million Qatari riyals and 12.9 million Bahraini dinars were replaced by 260 million dirhams.

The Monetary Board of the United Arab Emirates had limited capabilities and could not manage the monetary policy of the emirates, so on December 10, 1980, the Law on the Central Bank was issued. Based on the provisions of this law, the Monetary Board was transformed into the Central Bank of the UAE, endowed with a wide range of powers.

It is best to come to the United Arab Emirates with American dollars; you should not bring Russian rubles or Ukrainian hryvnia, as it may be difficult to exchange them for Arab dirhams.

You can easily pay for purchases in large shopping centers in the United Arab Emirates using US dollars. However, keep in mind that it is more profitable to pay in local currency.

You can also bring euros with you, but exchanging them may be difficult, since they are not particularly convertible in the UAE. In addition, their exchange rate is unreasonably low and changes frequently.

UAE banknotes and coins

The currency of exchange in the United Arab Emirates is the fils, which is equal to 0.1 dirham. Translated from Arabic, fils means “money”.

In modern emirates, banknotes in denominations of 10, 100, 1000, 20, 200, 5, 50, 500 dirhams, 25 and 50 fils, as well as coins of 1 and 5 dirhams are common. The materials used to make coins are copper and nickel.

An interesting fact is that all prices in the emirates are usually rounded up to 25 fils.

In addition, you will not see the usual numbers on the coins, and the weight and size of the “kopecks” do not correspond to the face value. For example, a 10 fils coin is larger and heavier than a 25 fils coin.

Arabic currency rates

It is very difficult to talk about the exchange rate, since this indicator is extremely unstable at the moment. Only the dirham-dollar ratio has been relatively stable for several decades, as the UAE currency is closely linked to the American currency. This “linking” was carried out by the Emirati authorities back in 1997 for the convenience of making payments for oil, which enriches the people of the Arab state.

But still, we present the value of the exchange rates of the dirham in relation to the euro, Russian ruble, US dollar and Ukrainian hryvnia as of January 16, 2015:

1 dirham = 0.23 euro (EUR);

1 dirham = 17.75 Russian rubles (RUB);

1 dirham = 0.27 US dollars (USD);

1 dirham = 4.32 hryvnia (UAH).

The data is indicated based on official rates, so at exchange offices they will differ slightly in the direction of increasing indicators.

I am looking for a currency exchange.

Exchange currency in the emirates is quite simple. You can convert the money you brought immediately at the airport, as well as at exchange offices, banks or hotels. The lowest rates are offered at the airport and hotels, so if you want to save money, do not exchange with them.

The work schedule of institutions in the emirates differs from those established in post-Soviet countries. Friday is a day of rest in the UAE, and Thursday is a shortened day (working hours: from 8:00 to 12:00). On other days of the week, banks are open from 8:00 to 13:00 and from 16:30 to 18:30. Exchange offices - from 9:00 to 13:00 and from 16:30 to 20:30.

The exchange of counterfeit banknotes is strictly punishable in the Arab state, so if you doubt the quality of the bill, ask a hotel employee to check its authenticity. You can also ask about the originality of the currency at the exchange office before the transaction is carried out.

Thus, the dirham is the modern currency of the UAE. Its exchange rate is relatively stable against the US currency. Answering the question about what currency is in the UAE for tourists, it is also worth noting the US dollar.

Prepare in advance for your trip - and enjoy the journey.

The Arabic dirham is the national currency of the UAE, the most stable in the world. What is the exchange rate in the country? Which currency is it beneficial to take with you, and which one to pay?

UAE currency exchange rate. Relative to world currencies

The international abbreviation of dirham is AED. Unofficial - DH or Dhs. Dirham is equal to 100 fils. The UAE currency exchange rate is pegged to the dollar and is maintained artificially. Accordingly, the exchange rate of the dirham changes to other currencies simultaneously with the dollar.

Current course:

1 USD - 3.6719 AED;
1 EUR - 4.1221 AED;
1 RUB - 0.0540 AED;
1 GBP - 5.6531 AED;

Before leaving for the emirates, check out the course in Russia and the UAE. In Dubai, for example, the euro exchange rate is unfavorable compared to the exchange rate in Russia. If you have a Master card or a Visa, you can pay with them, even if the card is in rubles. However, the conversion rate will be extremely unfavorable.

UAE currency to ruble: how to calculate the exchange rate?

Some exchange offices have begun to practice exchanging rubles for dirhams. It’s easy to calculate the exchange rate yourself, knowing the current value of the dollar in ruble equivalent.

Let’s say that now for 1 USD they give 68 rubles and 3.67 dirhams. We carry out the calculation:

divide 68 by 3.67;
we get a coefficient of 18.5;
multiply 100 dirhams by 18.5.

As a result, the UAE currency against the ruble will be 1850 rubles per 100 dirhams. The formula is valid for all currencies due to the stability of the dirham against the dollar.

It is advisable to leave rubles only for the return trip. There is no point in bringing them to the Emirates: the exchange rate is impressively lower than the Russian one, since Russians are active tourists and can make good money in the Emirates and on exchange.

UAE currency against the dollar: where is it profitable to exchange?

The national currency of the UAE is reliably “pegged” to the dollar, and since 1971, the price range of the pair has not changed significantly. Now the dollar is equal to 3.67 dirhams. The best rate applies to $100 banknotes; for other banknotes the rate is significantly lower.

However, if the banknotes are old, the exchange will be carried out without deviation from the standard rate. It is profitable to exchange dollars for Arabic dirhams at exchange offices (Money Exchange) at a rate higher than in hotels, at the airport, and in banks.

By paying in local currency, you can save a lot: when paying for goods and services in dollars, sellers recalculate the cost of products in dirhams at a reduced rate of 3.4 Dhs per USD.

What currency should I take to the UAE? How to save on exchange?

When planning a trip to the Emirates, people wonder what currency to take to the UAE? The best option is to take dollars and then exchange them for local banknotes. Exchange, payment in USD is not a problem, thanks to its popularity.

There is definitely no need to take Russian banknotes and currencies of the CIS countries due to the unfavorable exchange rate. The maximum winning dollar exchange can be made in Dubai - 3.67 dirhams.

When paying for goods in local money, you can save on big discounts, which is not the case when paying in USD. Unused Arab money can be exchanged back without any problems.

Currency in the UAE: a note for tourists

There are no restrictions on the transportation of any money. However, if the amount is significant, the authorities will demand an explanation of where the foreign currency or UAE currency came from. Tourists will have to state the reason for their transportation across the border.

when paying a bill in a restaurant with local banknotes, a tip will be included in the bill amount - do not leave any more, it is not accepted;
You can pay a porter at a hotel or at the airport 5-10 dirhams, depending on the volume of luggage;
Do not leave tips for taxi drivers - there is no such tradition;
if you run out of Arab money, they will accept pounds sterling, euros, and dollars, but you will lose on the exchange rate - take care of the cash in advance.

Don't worry about strange numbers on dirhams! On the back you will see the usual Arabic characters. Paradoxically, almost everyone in the world uses Arabic numerals, while Arabs use Indian numerals.

Where to stay: In numerous and varied, but consistently high-quality hotels in the most “golden”, noisy and pompous emirate of Dubai. Having told yourself “to go for a walk, go for a walk!”, you can go straight to the islands of Dubai, in the elite Jumeirah area - local hotels jump over all the known “star” marks. For lovers of sightseeing and Arabian flavor, we recommend Bar Dubai with its abundance of attractions, but cosmopolitans will feel comfortable in Deira - there are a lot of modern skyscrapers here.
What to see: The tallest building in the world, many mosques, ancient buildings of the Bastakiya district, wind and watchtowers, the “sail” of the Borj al-Arab hotel, water parks, dancing fountains, shopping centers... in short, everything you can think of is there In Dubai . In Bur Dubai, you should definitely check out the Sheikh Saeed House and the Dubai Museum, while Deira is known for its spice and gold souks and the colorful Rigga Boulevard. The main must-sees of Jumeirah are the Dubai Islands (best viewed from the air) and the magnificent pink mosque. You can also go to Abu Dhabi - the city and the emirate and go on a safari to the Liwa oasis.
You may also be interested in