In 2017, the Central Bank of United Arabs Emirates released a new set of regulations regarding the use of digital currencies. The competitiveness of the AED is linked to the stability of the dollar and its dominance over other currencies. IMD also ranks the currency as the fifth most competitive currency in terms of purchasing power and the ability of several sectors of the economy to trade goods in other currencies other than the US dollar. It ranks above the currencies of major economies, such as Germany, Italy, France, and some strong Asian economies, such as Japan and Singapore. The UAE dirham is ranked by the International Institute for Management Development (IMD) as one of the top 25 stable currencies in the world. Text on one side of banknotes is written in Arabic, the numbers are written in Eastern Arabic numerals, while the texts on the reverse are written in English, with numbers in Arabic. The 1982 series omitted the dirham notes. In 1976, the 1000 dirham note was issued followed by a series of new notes in 1982. Banknotes were also issued in 1973 by the UAE Currency Board in denominations ranging from 1 to 100 dirhams. The 1, 5, and 10 fils coins are not commonly used because of their low values. The coins bear numbers and values written in Eastern Arabic numerals and texts in Arabic. The coins were struck in bronze and cupro-nickel. United Arab Emirates dirham coins were first issued in 1973 in denominations ranging from 1 to 50 fils and 1 dirham. The dirham has been pegged to the US dollar since 1978 at the rate of 3.6725 AED to one dollar. The dirham is available in several denominations ranging from 5 to 1,000, with 1 dirham unit existing in coin form only. The United Arab Emirates dirham is subdivided into 100 fils, also a sub-unit for other currencies including Kuwait dinar, Iraqi dinar, and Yemeni riyal. It is abbreviated “AED” and represented by the symbol "Dhs" or “DH.” The AED has been in use since 1973, when it replaced the traditional currencies including the Dubai and Qatar riyal. The official currency of the United Arabs Emirates is the United Arabs Emirates dirham, also known as the Emirati dirham. Supermarket baggers, bag carriers and windscreen washers at petrol stations are generally given Dhs2.The Currency of United Arab Emirates is the United Arab Emirates dirham If this charge is not included, add 10 percent of the total to the bill. ![]() ![]() Most restaurants add service charges to the bill (10 percent). Gratuities to staff at hotels are at your discretion. Tipping is not expected, but is common practice. The weather in Dubai will be around 28-30 degrees Celsius at the end of March. The UAE’s official weekend will be Friday and Saturday. These special Dubai water taxis, Abras, can be found all along the creek in Dubai. You can also cross the Dubai creek by means of a water taxi which local residents call Abra. Trains run every 10 minutes from 6am to 11pm, Saturday to Thursday and from 2pm to midnight on Fridays. Order a Dubai taxi telephone (04) 2080808 in Dubai
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