UAE Dirham (AED)
What the UAE Dirham is, who issues it, and where it's used, with a live converter preset to AED.
UAE Dirham (AED)
- ISO code
- AED
- Symbol
- د.إ (Dh)
- Subunit
- 100 fils
- Issued by
- Central Bank of the UAE
- Exchange rate regime
- Pegged to the US dollar (3.6725 AED per USD)
The UAE dirham has been pegged to the US dollar at 3.6725 dirhams per dollar since 1997, and the central bank holds dollar reserves to maintain it. As a result, the dirham's value against the euro, pound, or rupee moves almost exactly in line with the dollar's.
The UAE is home to a very large expatriate workforce, and remittances from the UAE to South Asia and elsewhere are a major flow of money. For someone earning dirhams and sending money home, the relevant rate is effectively the US dollar's rate against their home currency, adjusted by the fixed peg.
Where it's used
- United Arab Emirates
Convert AED
| AED | USD |
|---|---|
| 1 AED | - |
| 5 AED | - |
| 10 AED | - |
| 25 AED | - |
| 50 AED | - |
| 100 AED | - |
| 250 AED | - |
| 500 AED | - |
| 1,000 AED | - |
| 5,000 AED | - |
| 10,000 AED | - |
| USD | AED |
|---|---|
| 1 USD | - |
| 5 USD | - |
| 10 USD | - |
| 25 USD | - |
| 50 USD | - |
| 100 USD | - |
| 250 USD | - |
| 500 USD | - |
| 1,000 USD | - |
| 5,000 USD | - |
| 10,000 USD | - |
Calculated from the same live mid-market rate as the converter above. Your bank or card will usually quote a slightly worse rate plus any fees.