Currency in UAE: AED Send & Spend FX Guide
Resources for Expats, Travelers and Entrepreneurs Navigating Life and Trade in the UAE with the United Arab Emirates dirham.
What's in this UAE currency guide?
What currency is used in the UAE?
The official currency of the UAE (country code: AE) is the United Arab Emirates dirham, with symbol د.إ and currency code AED.
What is a good United Arab Emirates dirham exchange rate?
The BestExchangeRates.com currency comparison table below helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of rates, enter your transaction type, currencies and amount then click ‘GET RATES’:
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Frequently Asked Questions
What currency should I use in the UAE?
The domestic currency in the UAE is the United Arab Emirates dirham.
What is the United Arab Emirates dirham currency code and symbol?
The three letter currency code for the United Arab Emirates dirham is AED — symbol is د.إ.
What does the United Arab Emirates dirham look like?
Here is an example United Arab Emirates dirham banknote:
Which countries use the United Arab Emirates dirham?
It is the domestic currency in UAE.
Is the United Arab Emirates dirham a closed currency?
No, the United Arab Emirates dirham is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and AED?
Here are some popular conversion amounts for USD to AED (US dollar to United Arab Emirates dirham)*.
| USD | AED |
|---|---|
| $ 272.30 | د.إ 1,000 |
| $ 1,362 | د.إ 5,000 |
| $ 5,446 | د.إ 20,000 |
| $ 27,230 | د.إ 100,000 |
More amounts
*Converted at the current USDAED interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Travel money for the UAE
Using Wise for United Arab Emirates dirham travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in United Arab Emirates dirham otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want United Arab Emirates dirham cash before departure, you can save money by ordering online. You generally get better rates and can pick up the AED cash locally or even on travel day at the airport.
USD/AED Market Data
The below interactive chart displays the USD/AED change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to the UAE - Best Rates
To get a good (and fair) exchange rate when sending money to the UAE you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to the UAE
When sending money to the UAE it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or United Arab Emirates dirham amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted AED amount will be transfered to the recipient account you specify in the UAE.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more United Arab Emirates dirham deposited into the recipient bank account and less margins and fees kept by the banks!
