Dubai Currency, how much is your money in AED or Dirham ?
Dubai Currency: money converter to quickly convert from your currency into AED, the UAE Dirham or any other currency.
The official abbreviation AED is often written as DH or Dhs in many shops but that is incorrect and unofficial.The dirham was introduced in 1973 and is sub devided into 100 fils. It has been pegged to the U.S. dollar since November 1997: 1 U.S.dollar= 3.67290 dirhams, or 1 dirham=0.272264 dollar (rate of may 10, 2008)
The banknotes are 5, 10, 20, 50, 100, 200, 500, 1000 dirhams and the coins are in denominations of 1, 5, 10, 25, 50 fils, and 1 dirham. The 1, 5 and 10 fils are struck in bronze, with the higher denominations in cupro-nickel.
