- Monetary unit:
- Country code:
- United Arab Emirates
- Emirati dirham
- of 82 880 sq. km
- Arabian (state), English, etc.
- AE (ARE) 784
The monetary unit of the United Arab Emirates - dirham - has been manufactured for the first time in 1973 Till 1959 in territory of the United Arab Emirates Indian rupees acted. Then since 1959 till June, 1966 the local population paid rupees of Persian gulf which were manufactured by the Reserve bank of India. Since 1966 in the Emirates rials of Qatar and Dubai were used. Rials were not used only in Abu-Dhabi. Also with 1966 on 1968 in the country Saudi Arab riyals acted.
The native currency of the United Arab Emirates "is adhered" to the American dollar and is enough stable.
One dirham makes 100 filses. In the universal circulation of the country there are denominations of denomination of 5, 10, 20, 50, 100, 200, 500 and 1000 dirhams. Free importation and native currency exportation is allowed.
As to denominations of series of 2000 the difference between them and notes of the same nominal value of a series of 1993 consists that on more modern denominations written and digital designations of dignity, and also the bank name on the back are printed in English.
In 2011 the part of notes of the United Arab Emirates has been executed with polymeric cover.
It is updated 04.2012