Pound to Arab Dirham Travel Money Exchange Rate Trend for the Last Month
UNITED ARAB EMIRATES (AED) ARAB DIRHAM
The Arab Dirham is the official currency of the
United Arab Emirates. Its international currency code is AED and it is represented by an Arabic symbol though unofficially it is also referred to as
DH or Dhs. 100 fils make a dirham. The Arab dirham was introduced in 1973 when it replaced the Qatar and Dubai riyal.
United Arab Dirham currently in circulation
Coins that are currently in circulation are in the denominations of 1, 5, 10, 25 and 50 fils and 1 dirham. Banknotes are available in the denominations
of 5, 10, 20, 50, 100, 200, 500 and 1000 dirham. The texts on the notes are in Arabic on the front, while the reverse is in English.
Exchange facilities and UAD traveller’s cheques
Most of the hotels provide foreign currency exchange facilities. Traveller’s cheques are also widely accepted in the UAE but to avoid a service
charge it is advisable to carry travellers cheques in Us dollars or Pound Sterling.
Using credit/debit cards
The major credit cards are widely accepted in the UAE which include the American Express, Diners Club, Visa and Mastercard.
There are no restrictions on the import or export of local or foreign currency in the UAE.
United Arab Emirates: An overview
United Arab Emirates, also known as the UAE or the Emirates is situated on the Arabian Peninsula.
This mountainous and mostly desert country comprises of seven former sheikhdoms, Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Umm
al Qaiwain and Ras al Khaimah. The Buraimi Oasis is located in Abu Dhabi. Dubai is popularly known as the ‘Pearl of the Gulf’. The best time
to visit the UAE is between October and May with June to September being the hottest months.
The Dubai international airport duty free shop is known all
over the world for its excellent range of products at low prices and the fabulous luxury car raffles can tempt anyone. Nightclubs can be found at the
major centres and the large hotels provide bars and cocktail lounges for foreign tourists.
A five star hotel accommodation would cost between AED 500/$136/£94/Є106 TO AED 3000/$817/£565/Є656 for a double room per night.
restaurant with no alcohol will cost about AED 10 /$2.72/£1.66/Є2 to AED 50/$13/£9/Є10 per person while eating at a restaurant which also
serves alcohol, would cost between AED 150/$49/£28/Є32 to AED 400/$109/£75/Є85.
A bottle of wine at a restaurant would cost between
AED 150/$49/£28/Є32 to AED 250/$68/£43/Є57 while at a store or duty free, it would cost between AED 10/$2.72/£1.66/Є2 to
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