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Currency of Dubai |
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Currency of Dubai
The currency of the United Arab Emirates is the Dirham (AED), which is divided into 100 fils. There are no currency regulations in the UAE and all major currencies are readily exchanged at banks and large hotels. The Dirham is fixed against the US Dollar. The best exchange rates are found at private moneychangers who operate throughout the territory, particularly in the more popular souks (markets) and shopping centres. All major credit cards are accepted, as are travellers cheques (best carried in US Dollars or Pounds Sterling). ATMs are common throughout the UAE.
Banking hours are generally Saturday to Thursday from 8am to 1pm, but some are also open between 4pm and 8.30pm.
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