| United
Arab Emirates
UAE
Dirham = 100 fils. Notes are in denominations
AED50, 20, 10, 5
The
UAE Dirham is used in: Abu Dhabi, Ajman,
Dubai, Fujairah, Ras al Khaina, Sharjah
and Umm al Qaiwain.
To
view images and descriptions of all these
denominations [click
here]
Currency
Import/Export Restrictions:
The
import and export of local and foreign currencies
and monetary instruments is limited to AED40,000
or equivalent. If you wish to import or
export more than this you need to declare
it on form 7/2000/9.
[Click
Here] for more information on doing
a money transfer to U.A.E.
Currency
Exchange:
You
can change money at moneychangers or banks;
moneychangers sometimes offer better rates
than banks but they can be fussy about changing
traveller's cheques. The best currency to
bring is US dollars. There are plenty of
ATMs connected to one or more of the global
ATM systems and these take all major debit
and credit cards.
Credit
Cards:
Most
hotels and finer restaurants accept credit
cards such as American Express, Visa, MasterCard,
and Diner Club. Some larger shops do as
well, but generally a better deal can be
made with cash.
Banks:
Opening
hours are 8.00am to 1.00pm, from Saturday
to Wednesday, although some also open from
4.30-6.30pm. On Thursdays, banks operate
only from 8.00am to noon.
Exchange
Rate History:
| Date
|
AED
Rate |
| 01/01/02
|
4.974 |
| 01/01/03
|
5.505 |
01/01/04
|
6.101 |
| 01/01/05
|
6.556 |
| 01/01/06 |
5.889 |
A rough guide to the tourists rates for
the UAE Dirham since the beginning of 2002
-View
UAE Dirham exchange Rate-
-Order
UAE Dirham-
-Register
for an International money transfer To U.A.E-
|
