1 Dollar Equals How Many Dubai Dirham?
Are you planning a trip to Dubai or conducting business with the United Arab Emirates (UAE)? If so, you might be wondering how much one US dollar is worth in Dubai Dirham (AED). In this article, we'll provide you with the latest exchange rate and some useful information about the currency.
Current Exchange Rate
As of the current date, the exchange rate is:
1 USD = 3.67 AED
Please note that exchange rates can fluctuate frequently, so it's essential to check the current rate before making any transactions.
About Dubai Dirham (AED)
The Dubai Dirham, also known as the UAE Dirham, is the official currency of the United Arab Emirates. It was introduced in 1973, replacing the Qatar Riyal. The currency is issued by the Central Bank of the UAE and is pegged to the US dollar at a fixed rate of 1 USD = 3.67 AED.
Currency Symbol and Subunits
The currency symbol for the Dubai Dirham is د.إ ( Dirham). It is divided into 100 fils.
Currency Exchange in Dubai
You can exchange your money at various currency exchange offices, banks, and hotels in Dubai. However, be sure to compare the rates and fees before making a transaction.
Additional Tips
- You can also use credit cards and debit cards in Dubai, as most businesses accept them.
- ATMs are widely available, and you can withdraw cash in AED.
- The UAE is a cashless society, so you may encounter minimal cash transactions.
In conclusion, knowing the exchange rate between the US dollar and the Dubai Dirham can help you plan your trip or business transactions in Dubai more effectively. Remember to stay updated with the current exchange rate to get the best deals.
