Currency of the United Arab Emirates: United Arab Emirates Dirham
The United Arab Emirates Dirham ยท AED ยท National
Who Issues The United Arab Emirates Dirham in the United Arab Emirates
Within United Arab Emirates, the United Arab Emirates Dirham (AED) is a national monetary unit with domestic institutional responsibility. The symbol shown is AED; ISO 4217 separately records numeric identifier 784. The currency's external-value framework includes a formal peg, which is a defining feature of the monetary setup.
Central Bank of the United Arab Emirates manages the United Arab Emirates Dirham within the United Arab Emirates' national monetary system and also maintains the documented exchange-rate link attached to AED. In the United Arab Emirates, that exchange-rate link does not change AED's status as a national currency.
The exchange-rate arrangement applying to AED in the United Arab Emirates includes a formal link to its anchor currency. For the United Arab Emirates, third-currency comparisons should therefore use a dated AED observation rather than treating the anchor relationship as a universal fixed rate.
Exchange Rate for AED
In practical currency use for the United Arab Emirates, compare like with like by using the same pair and roughly the same observation time. The resulting transaction amount can differ once a provider adds its margin or charges. That framing makes the comparison internally consistent.
Banknotes and Coins
Banknotes
CBUAE's circulated-currency catalogue shows current banknote denominations of AED5, AED10, AED20, AED50, AED100, AED200, AED500 and AED1,000, with polymer replacements already issued for several denominations.
Coins
The current circulated-currency catalogue includes 1, 5, 10, 25 and 50 fils coins plus the AED1 coin.
Frequently Asked Questions
What currency is used in the United Arab Emirates?
The United Arab Emirates Dirham (AED) is the national currency of the United Arab Emirates. Central Bank of the United Arab Emirates is responsible for the domestic monetary framework. The exchange-rate framework for AED in the United Arab Emirates also includes the documented peg or managed link shown on this guide.
Who manages the currency system in the United Arab Emirates?
Central Bank of the United Arab Emirates is the main monetary authority identified for the United Arab Emirates.
Are the exchange rates for the United Arab Emirates real-time?
On a The United Arab Emirates Dirham conversion involving the United Arab Emirates. For supported pairs, the converter retrieves the latest available reference observation and keeps the date visible. Treat it as a dated benchmark, not as a guaranteed retail conversion price.
Sources & methodology
For the United Arab Emirates, institutional currency facts are checked against Central Bank of the United Arab Emirates or the applicable monetary-system authority. The AED identity follows ISO 4217, and the exchange-arrangement classification for the United Arab Emirates is cross-checked against the IMF framework. A dynamic AED observation for the United Arab Emirates, when available, is kept separate from those institutional facts and shows its own date and provider.
View sources used for this page
- Central Bank of the United Arab Emirates - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Central Bank of the UAE - circulated currency
- Central Bank of the UAE - currency and coins