AEDUnited Arab Emirates DirhamUnited Arab Emirates Dirham (AED)
The UAE dirham is the official currency of the United Arab Emirates. The Central Bank of the UAE oversees the currency and monetary system. AED is the ISO code used for payments and exchange-rate records, and one dirham is divided into 100 fils. The code is the clearest way to distinguish this dirham from other currencies with the same general name.
- ISO code
- AED
- Symbol
- د.إ
- Region
- Middle East
- Currency type
- Fiat currency
- Exchange system
- Pegged to the US dollar
- Last reviewed
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Quick facts
AED at a glance
Currency profile
How AED works
The UAE dirham is the official currency of the United Arab Emirates. The Central Bank of the UAE oversees the currency and monetary system. AED is the ISO code used for payments and exchange-rate records, and one dirham is divided into 100 fils. The code is the clearest way to distinguish this dirham from other currencies with the same general name.
AED conversions are widely used for travel, employment, trade, property and family transfers connected with the Emirates. The dirham operates under a fixed relationship with the US dollar, while CurrencyHub displays the dated reference value received from its provider. That reference calculation does not determine the customer amount offered by a bank, card or transfer service. The provider date, direction and currency codes should be kept with any comparison.
- The dirham was introduced in May 1973 and is divided into 100 fils.
- AED has an official fixed relationship with the U.S. dollar.
Context
Why this currency matters
AED is an important Gulf currency linked to a major centre for trade, aviation, tourism and finance. It is frequently compared with USD, INR, GBP, EUR and other regional currencies. Dirham conversions are also common in salary, property and remittance planning. Since several countries use currencies called dirham, AED must remain visible in results. The official dollar relationship does not remove the need to identify provider pricing and the publication date used in a calculation.
Monetary framework
Exchange arrangement
AED follows an official U.S.-dollar-linked monetary framework administered by the Central Bank of the UAE.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for AED
UAE dirham introduced
The UAE introduced the dirham in May 1973.
Central Bank of the UAE - dirham currency symbol guidelineCentral Bank framework established
Federal law established the Central Bank and the modern monetary framework.
Central Bank of the UAENational dirham symbol approved
The UAE approved a national symbol for the dirham.
Central Bank of the UAE - dirham currency symbol guideline
Usage and economy
How AED is used
- Domestic prices, wages and payments across the UAE.
- Travel, property, trade and cross-border salary comparisons.
Country currency guides
Banknotes and coins
AED currency units
The Central Bank of the UAE publishes official information for dirham banknotes.
The Central Bank of the UAE publishes official information for dirham coins and the fils subdivision.
One United Arab Emirates Dirham unit is recorded with 2 decimal places and uses Fils as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
Currency topics
FAQ
AED questions
When was the UAE dirham introduced?
The UAE introduced the dirham in May 1973.
Who manages AED?
The Central Bank of the UAE manages the dirham and the national monetary framework.
Is AED fixed to USD?
AED has an official fixed relationship with the U.S. dollar. CurrencyHub's provider value is still shown as a separately dated reference rate.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.