The unit of currency is the dirham (AED), and is available in notes
of 1,000, 500, 100, 50, 20, 10 and 5. Credit cards are accepted in major hotels
as well as shopping malls.
Cash and travellers cheques can be
exchanged in licensed currency exchange offices and international hotels.
Here are the most recent exchange rates for some common currencies.
AED 1.00
equals:
|
Exchange Rates
|
Currency
|
|
0.28
|
Australian Dollar
(AUD)
|
|
0.20
|
Euro
(EUR)
|
|
0.17
|
British Pound
(GBP)
|
|
2.11
|
Hong Kong Dollar
(HKD)
|
|
15.74
|
Indian Rupee
(INR)
|
|
25.79
|
Japanese Yen
(JPY)
|
|
0.34
|
New Zealand Dollar
(NZD)
|
|
0.34
|
Singapore Dollar
(SGD)
|
|
0.27
|
US Dollar
(USD)
|