UAE Dirham (AED) = 100 fils. Notes are in denominations of AED1000, 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of AED1, and 50, 25, 10 and 5 fils (10 and 5 fils coins are rarely used).
The Dirham is tied to the US Dollar. Most hotels will handle the exchange of foreign currency. American Express, Diners Club, MasterCard and Visa are widely accepted. These are widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling. The import and export of both local and foreign currency are limited to AED40,000 or equivalent. Amounts over this must be declared at the Customs Counter at Dubai International Airport. Sat-Wed 0800-1300, Thurs 0800-1200. Some also open Sat-Wed 1630-1800. | Date | Jul 06 | | £1.00= | AED6.69 | | $1.00= | AED3.67 |
|