UAE Dirham (AED)

The UAE Dirham is issued by the central bank of the UAE.

Alphabetic code
AED
Numeric code
784
Symbol
د.إ
Minor units
2
Example
AED 1,234.50
Used in
United Arab Emirates

History

  1. 1966 After India devalues the rupee, the Qatar and Dubai riyal replaces the Gulf rupee in Dubai and most other Trucial States, except Abu Dhabi.
  2. 1973 The UAE dirham is introduced, replacing the Qatar and Dubai riyal in most emirates and the Bahraini dinar in Abu Dhabi.
  3. 1997 The dirham’s mid-point rate is fixed at 3.6725 per US dollar from November.
  4. 2002 In February the dirham’s official peg changes from the SDR to the US dollar.

Live exchange rates

Sources