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HomeCurrenciesWhat is AED currency?What is AED currency symbol and code?

What is AED currency?What is AED currency symbol and code?

What is AED currency?

The United Arab Emirates dirham (/dirhəm/; Arabic: درهم إماراتي, sign: د.إ; code: AED; commonly abbreviated “DH” or “Dhs.”), also known as simply the Emirati dirham, is the currency of the United Arab Emirates. The dirham is subdivided into 100 fils (فلس).

AED Coins

In 1973, coins were introduced 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. The fils coins were the same size and composition as the corresponding Qatar and Dubai dirham coins. In 1995, the 5 fils, 10 fils, 50 fils, and 1 dirham coins were reduced in size, with the new 50 fils being curve-equilateral-heptagonal shaped.

The value and numbers on the coins are written in Eastern Arabic numerals and the text is in Arabic. The 1, 5 and 10 fils coins are rarely used in everyday life, so all amounts are rounded up or down to the nearest multiples of 25 fils. The 1 fils coin is a rarity and does not circulate significantly. In making a change there is a risk of confusing the old 50 fils coin for the modern 1 dirham coin because the coins are almost the same size.

Since 1976 the Currency Board of the United Arab Emirates has minted several commemorative coins celebrating different events and rulers of the United Arab Emirates. For details, see Commemorative coins of the United Arab Emirates dirham.

AED Banknotes

On 20 May 1973, the U.A.E. Currency Board introduced notes in denominations of 1, 5, 10, 50, and 100 dirhams; a 1,000 dirham note was issued on 3 January 1976. A second series of note was introduced in 1982 which omitted the 1 and 1000 dirham notes. 500 dirham notes were introduced in 1983, followed by 200 dirham in 1989. 1,000 dirham notes were reintroduced in 2000. Banknotes are currently available in denominations of 5 (brown), 10 (green), 20 (light blue), 50 (purple), 100 (pink), 200 (green/brown), 500 (navy blue) and 1,000 (greenish blue) dirhams.

The obverse texts are written in Arabic with numbers in Eastern Arabic numerals; the reverse texts are in English with numbers in Arabic numerals. The 200 dirham denomination is scarce as it was only produced in 1989; any circulating today come from bank stocks. The 200 dirham denomination has since been reissued and is now in circulation since late May 2008 – it has been reissued in a different colour; Yellow/Brown to replace the older Green/Brown.

On 22 March 2008, The Central Bank of the United Arab Emirates released a 50 dirham note. The security thread was a 3-mm wide, color-shifting windowed security thread with demetalized UAE 50, and it bore the new coat of arms. On 7 December 2021, a redesigned polymer AED 50 note was released to commemorate the golden jubilee of the country on 2 December 2021, making it the UAE’s first polymer banknote. Additional new polymer banknotes of 5 and 10 dirhams were introduced on 21 April 2022.