1 Dirham: How Many Fils?
The United Arab Emirates (UAE) uses the UAE dirham (AED) as its official currency. The dirham is divided into 100 smaller units called fils. But have you ever wondered, 1 dirham is equal to how many fils?
The Answer
1 UAE dirham (AED) is equal to 100 fils. This means that if you have 1 dirham, you can exchange it for 100 fils.
History of the Dirham and Fils
The UAE dirham was introduced in 1973, replacing the Qatar and Dubai riyal. The name "dirham" is derived from the Arabic word for "drachm," which was a unit of weight in ancient Greece. The fils, on the other hand, is a subdivision of the dirham, similar to how cents are a subdivision of the US dollar.
Uses of Fils
Although fils are not as widely used as dirhams, they are still an important part of the UAE's currency system. Fils are often used in small transactions, such as buying candies or stickers from vending machines. They are also used to display prices in fractions of a dirham, making it easier for consumers to understand the cost of goods and services.
Conclusion
In conclusion, 1 dirham is equal to 100 fils. Understanding the relationship between dirhams and fils is essential for anyone who uses the UAE currency, whether you're a resident or a visitor. So next time you're in the UAE, remember that 1 dirham can be exchanged for 100 fils!
