What is the currency rate in the UAE to the ruble. What kind of money is in the UAE - the exchange rate, where is it better to exchange, how not to make a mistake in the currency of the United Arab Emirates. What currency to take with you

Huge reserves of oil and gas ensured the prosperity and rapid development of this association.

Like any country, the UAE has its own national currency. It is very important for tourists to know which currency is valid in the territory they want to visit, because this knowledge greatly facilitates the first days of a foreigner’s stay in a foreign country. Therefore, if you are going to visit the UAE, you should find out information about the money of this state.

Dirham is the national currency of the UAE. The international designation of this currency is AED, the domestic designation is DHS or DH.

The currency of the UAE, or rather its name, comes from the word “drachma”, which denotes Greek money that circulated in Greece from 02/08/1833 until the period when the state currency changed to the euro in connection with joining the European Union (01/01/2002).

Briefly about the history of the UAE dirham

To resolve the issue of creating a national currency, the Central Bank was organized on May 19, 1973, which was originally called the UAE Monetary Council. On the same day, the modern currency of the UAE was issued for the first time.

Before its introduction, the Qatari rial and the Bahraini dinar were in force in the emirates. The currency previously in circulation was replaced by the dirham within a few weeks, based on the following calculation:

1 rial = 1 dirham;

1 dinar = 10 dirhams.

Thus, 131 million Qatari riyals and 12.9 million Bahraini dinars were replaced by 260 million dirhams.

The Monetary Board of the United Arab Emirates had limited capabilities and could not manage the monetary policy of the emirates, so on December 10, 1980, the Law on the Central Bank was issued. Based on the provisions of this law, the Monetary Board was transformed into the Central Bank of the UAE, endowed with a wide range of powers.

It is best to come to the United Arab Emirates with American dollars; you should not bring Russian rubles or Ukrainian hryvnia, as it may be difficult to exchange them for Arab dirhams.

You can easily pay for purchases in large shopping centers in the United Arab Emirates using US dollars. However, keep in mind that it is more profitable to pay in local currency.

You can also bring euros with you, but exchanging them may be difficult, since they are not particularly convertible in the UAE. In addition, their exchange rate is unreasonably low and changes frequently.

UAE banknotes and coins

The currency of exchange in the United Arab Emirates is the fils, which is equal to 0.1 dirham. Translated from Arabic, fils means “money”.

In modern emirates, banknotes in denominations of 10, 100, 1000, 20, 200, 5, 50, 500 dirhams, 25 and 50 fils, as well as coins of 1 and 5 dirhams are common. The materials used to make coins are copper and nickel.

An interesting fact is that all prices in the emirates are usually rounded up to 25 fils.

In addition, you will not see the usual numbers on the coins, and the weight and size of the “kopecks” do not correspond to the face value. For example, a 10 fils coin is larger and heavier than a 25 fils coin.

Arabic currency rates

It is very difficult to talk about the exchange rate, since this indicator is extremely unstable at the moment. Only the dirham-dollar ratio has been relatively stable for several decades, as the UAE currency is closely linked to the American currency. This “linking” was carried out by the Emirati authorities back in 1997 for the convenience of making payments for oil, which enriches the people of the Arab state.

But still, we present the value of the exchange rates of the dirham in relation to the euro, Russian ruble, US dollar and Ukrainian hryvnia as of January 16, 2015:

1 dirham = 0.23 euro (EUR);

1 dirham = 17.75 Russian rubles (RUB);

1 dirham = 0.27 US dollars (USD);

1 dirham = 4.32 hryvnia (UAH).

The data is indicated based on official rates, so at exchange offices they will differ slightly in the direction of increasing indicators.

I am looking for a currency exchange.

Exchange currency in the emirates is quite simple. You can convert the money you brought immediately at the airport, as well as at exchange offices, banks or hotels. The lowest rates are offered at the airport and hotels, so if you want to save money, do not exchange with them.

The work schedule of institutions in the emirates differs from those established in post-Soviet countries. Friday is a day of rest in the UAE, and Thursday is a shortened day (working hours: from 8:00 to 12:00). On other days of the week, banks are open from 8:00 to 13:00 and from 16:30 to 18:30. Exchange offices - from 9:00 to 13:00 and from 16:30 to 20:30.

The exchange of counterfeit banknotes is strictly punishable in the Arab state, so if you doubt the quality of the bill, ask a hotel employee to check its authenticity. You can also ask about the originality of the currency at the exchange office before the transaction is carried out.

Thus, the dirham is the modern currency of the UAE. Its exchange rate is relatively stable against the US currency. Answering the question about what currency is in the UAE for tourists, it is also worth noting the US dollar.

Prepare in advance for your trip - and enjoy the journey.

In Dubai, as throughout the country, all supermarkets, boutiques, hotels and restaurants accept only the national currency - the United Arab Emirates dirham. In the international foreign exchange market, this monetary unit is usually designated by the symbol AED.

Each dirham, like many other national currencies, is divided into one hundred smaller monetary units called fils. Fils in circulation are represented by coins in denominations of 1, 5, 10, 25 and 50 units. In addition, there is also a 1 dirham coin. It is worth noting that Arabic numbers are used to indicate the denomination on fils, so at first it will most likely not be so easy for a tourist to figure out which coin he is holding in his hands. In this case, it is recommended to carefully monitor the amount of change you receive when purchasing - this will help you navigate the denominations of the coins.

In addition to coins, paper bills are in circulation in the UAE. Banknotes in circulation are in denominations of 5, 10, 20, 50, 100, 200, 500 and 1000 dirhams.

Travel currency

For Russia, the UAE dirham is a rather exotic currency, so it will be quite difficult to directly exchange rubles for dirhams at a banking institution or exchange office. However, this is not at all necessary, since Dubai is a developed tourist center, where exchanging one of the common world currencies for national money will not be difficult.

Exchange offices in Dubai are available in sufficient quantities and are located very conveniently for tourists. They can be found in hotels, banks or even large shopping centers. At the same time, most common world currencies are accepted for exchange for UAE dirhams, including dollars, euros and pounds sterling, as well as almost all currencies of nearby countries in the Middle East - Oman, Bahrain, Qatar, Saudi Arabia and others.

However, if you are faced with a choice of which currency to take with you on a trip in order to then exchange it for dirhams, it makes sense to give preference to the United States. The exchange rate of this currency against the dirham in most exchange offices is more favorable compared to the euro or pound sterling, and in addition, it is highly stable - for example, over the past few years, for one dollar you can get about 3.65-3 ,67 dirhams.

The Arabic dirham is the national currency of the UAE, the most stable in the world. What is the exchange rate in the country? Which currency is it beneficial to take with you, and which one to pay?

UAE currency exchange rate. Relative to world currencies

The international abbreviation of dirham is AED. Unofficial - DH or Dhs. Dirham is equal to 100 fils. The UAE currency exchange rate is pegged to the dollar and is maintained artificially. Accordingly, the exchange rate of the dirham changes to other currencies simultaneously with the dollar.

Current course:

1 USD - 3.6719 AED;
1 EUR - 4.1221 AED;
1 RUB - 0.0540 AED;
1 GBP - 5.6531 AED;

Before leaving for the emirates, check out the course in Russia and the UAE. In Dubai, for example, the euro exchange rate is unfavorable compared to the exchange rate in Russia. If you have a Master card or a Visa, you can pay with them, even if the card is in rubles. However, the conversion rate will be extremely unfavorable.

UAE currency to ruble: how to calculate the exchange rate?

Some exchange offices have begun to practice exchanging rubles for dirhams. It’s easy to calculate the exchange rate yourself, knowing the current value of the dollar in ruble equivalent.

Let’s say that now for 1 USD they give 68 rubles and 3.67 dirhams. We carry out the calculation:

divide 68 by 3.67;
we get a coefficient of 18.5;
multiply 100 dirhams by 18.5.

As a result, the UAE currency against the ruble will be 1850 rubles per 100 dirhams. The formula is valid for all currencies due to the stability of the dirham against the dollar.

It is advisable to leave rubles only for the return trip. There is no point in bringing them to the Emirates: the exchange rate is impressively lower than the Russian one, since Russians are active tourists and can make good money in the Emirates and on exchange.

UAE currency against the dollar: where is it profitable to exchange?

The national currency of the UAE is reliably “pegged” to the dollar, and since 1971, the price range of the pair has not changed significantly. Now the dollar is equal to 3.67 dirhams. The best rate applies to $100 banknotes; for other banknotes the rate is significantly lower.

However, if the banknotes are old, the exchange will be carried out without deviation from the standard rate. It is profitable to exchange dollars for Arabic dirhams at exchange offices (Money Exchange) at a rate higher than in hotels, at the airport, and in banks.

By paying in local currency, you can save a lot: when paying for goods and services in dollars, sellers recalculate the cost of products in dirhams at a reduced rate of 3.4 Dhs per USD.

What currency should I take to the UAE? How to save on exchange?

When planning a trip to the Emirates, people wonder what currency to take to the UAE? The best option is to take dollars and then exchange them for local banknotes. Exchange, payment in USD is not a problem, thanks to its popularity.

There is definitely no need to take Russian banknotes and currencies of the CIS countries due to the unfavorable exchange rate. The maximum winning dollar exchange can be made in Dubai - 3.67 dirhams.

When paying for goods in local money, you can save on big discounts, which is not the case when paying in USD. Unused Arab money can be exchanged back without any problems.

Currency in the UAE: a note for tourists

There are no restrictions on the transportation of any money. However, if the amount is significant, the authorities will demand an explanation of where the foreign currency or UAE currency came from. Tourists will have to state the reason for their transportation across the border.

when paying a bill in a restaurant with local banknotes, a tip will be included in the bill amount - do not leave any more, it is not accepted;
You can pay a porter at a hotel or at the airport 5-10 dirhams, depending on the volume of luggage;
Do not leave tips for taxi drivers - there is no such tradition;
if you run out of Arab money, they will accept pounds sterling, euros, and dollars, but you will lose on the exchange rate - take care of the cash in advance.

Don't worry about strange numbers on dirhams! On the back you will see the usual Arabic characters. Paradoxically, almost everyone in the world uses Arabic numerals, while Arabs use Indian numerals.

The national currency of the United Arab Emirates is the UAE dirham.

1 dirham = 100 fils. Today in circulation there are banknotes in denominations of 5, 10, 20, 50, 100, 200, 500 and 1000 dirhams, as well as coins in denominations of 25 fils (with the image of an antelope), 50 fils (with the image of oil rigs) and 1 dirham (with a coffee pot). ).
Common abbreviations used are AED and DHS.
The dollar to dirham exchange rate has been stable since 1971 and is approximately 3.67 dirhams per 1 American currency unit. The network of currency exchange offices in the country is well developed; there are no problems with exchange.

Approximate conversion to CIS currency is 8.5 rubles / 2.2 hryvnia / 2739.8 Belarusian rubles / 548 Uzbek soums / 41 tenge to 1 dirham

There are no restrictions on the import or export of any currency across the border. However, if the amount being transported is significant, government officials may have uncomfortable questions about where the amount is coming from and for what purpose it is traveling.

Foreign currency.

Since the main population in the UAE is from other countries, it is not surprising that you can exchange almost any currency here - euros, US dollars, British pounds, Indian rupees, Philippine pesos and the currencies of all Middle Eastern countries. The optimal one, however, is the American currency, which is also the most popular among tourists. The Russian ruble can also be exchanged for dirhams in the UAE, however, only at a few large exchange offices. If at the time of departure you still have dirhams on hand, which you don’t want to spend in Duty Free, you can easily exchange them for any desired currency.
If you don’t want to deal with exchanges at all, no problem - almost everywhere they accept dollars as payment. Only the payment amount will be rounded to the nearest dollar and change will be given in dirhams.

Banks.

There are plenty of banks in the UAE; there are branches of about 35 local and 25 foreign banks that are ready to help resolve any financial issues of their clients, but, unfortunately, with rare exceptions, only in the first half of the day. Banking hours are from 8.00 to 13.00 from Saturday to Thursday, Thursday is a short day, from 8.00 to 12.00, Friday is a day off in the UAE. You can exchange currency after lunch at exchange offices; they are generally open from 9.00 to 13.00 and from 16.30 to 20.30. At the airport, currency exchange is carried out on any day, the service is available around the clock.
If you really urgently need to pay, but there is no exchanger nearby, they will accept euros, dollars or pounds sterling as payment. At the same time, you will lose slightly on the course.
The most favorable rate for exchanging dollars for dirhams is at exchange offices (Money Exchange), but it only applies to $100 bills, especially if a significant amount is converted at once. Banknotes of lower denominations are exchanged at a reduced rate.

Credit cards.

Most hotels accept payment for their services using credit cards from the world's leading systems: MasterCard, EuroCard, Visa, American Express. Also, you can often pay for purchases in supermarkets and shopping centers with a credit card. Demand for such a service is growing, and local merchants are trying to keep up with the supply, increasing the list of places and services that accept credit cards every day.

Friends, today we will learn more about the UAE currency and what you can buy with it, where to get it and how much to get. Well? Forward?!

The currency of the UAE is called the dirham. Dirhams, like any currency in the world, have different denominations, which we will get acquainted with visually today (look at the photo). In addition, you will find out what is on them and how much you can buy. And also... So, let's take it in order.

Perhaps we will not look at every banknote of the UAE currency, but will look at the most basic ones. Let's just say that their denominations are as follows: 5,10,20,50,100,200,500 and 1000 dirhams.

UAE currency in photographs

Before your eyes are iron dirhams. This is what they look like in reality. You just can’t buy practically anything with them. What do these coins mean? From left to right: 0.5 dirhams, 1 dirhams and 2 dirhams. Although no, you can.

A 1.5-liter bottle of clean drinking water in the UAE costs (it did, prices may vary) 2 dirhams.

10 dirhams. With this money in the UAE you can buy a glass of freshly squeezed juice. Or a couple of coconuts at the market. Perhaps some other fruits. You can take the subway. For 10 dirhams you can buy summer slippers (like mini sneakers) in a regular street shop, and you can eat ice cream. You can take a sun lounger on the beach or an umbrella. Buy small nice gifts and souvenirs.

making small purchases for 10 dirhams is quite possible

20 dirhams. With this money, you will, accordingly, be able to buy at least 2 times more of everything that you can buy with 10. And this money may also be enough for a summer cap, a pair of simple shoes (again, not chic, but ordinary, simple, everyday ). You can drink coffee in a cafe.

50 dirhams is already a more impressive amount. Something around 13-15 dollars. You can buy simple sunglasses (not branded ones in a boutique). You can buy some clothes, but also at the market. You can buy fruit at the fruit market (several kilograms of large fresh mangoes, bananas, coconuts, etc.).

100 dirhams. They will even help you buy clothes on sale in a boutique. It could be a pair of shoes, jeans or a T-shirt or shirt. Again, with a caveat - boutiques and prices vary. Every man to his own taste. You can also easily travel by taxi for 100 dirhams (for example, from the Outlet Mall on the outskirts of Dubai to a hotel in Deira). You can take a boat ride along the Creek (ride for an hour, take a romantic walk). You can have lunch at a restaurant or cafe.

1000 dirhams. Here it’s up to you how your imagination allows you to manage this money. With a thousand dirhams, feel free to go shopping. UAE traders will welcome your visit.