The Emirati Dirham is the currency of United Arab Emirates. Our currency rankings show that the most popular United Arab Emirates Dirham exchange rate is the INR to AED rate.

Below, you'll find Emirati Dirham rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the XE Currency Blog , or take AED rates on the go with our XE Currency Apps and website.

Foreign Exchange | NBAD UAE

Central Bank of the UAE Website: In the early 20th century, the United Arab Emirates began using British Sovereign gold coins and Maria Theresa Thalers; other currencies, such as the Indian Rupee , also circulated within the country. In , they adopted the Persian Gulf Rupee, issued by the central bank of India, at a value equal to the Indian Rupee.

The Indian Rupee devaluation of directly affected the value of the Gulf Rupee, so the UAE responded by introducing its own currency. They adopted the Saudi Riyal as an interim currency and that same year, they replaced it with the Qatar and Dubai Riyal at par.

All the emirates - with the exception of Abu Dhabi, which used the Bahrain Dinar - used the Qatar and Dubai Riyal until , when the United Arab Emirates Dirham was established. In , the Dirham adopted a fixed exchange rate to the International Monetary Fund's special drawing rights.

It was then re-pegged to the US Dollar in at a rate of 1 USD to 3.

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Emirati Dirham History In the early 20th century, the United Arab Emirates began using British Sovereign gold coins and Maria Theresa Thalers; other currencies, such as the Indian Rupee , also circulated within the country. Central Bank Rates JPY Get an XE account Sign up FREE! Tools Currency Converter Currency Charts Currency Emails Historical Rates Expense Calculator IBAN Calculator Rate Alerts Transfer Money XE Money Transfer Why XE? Use our Content Free Converter Customized Converter Link to XE Learn Money Transfer Tips Fraud Prevention XE Currency Blog Currency Encyclopedia Intro to Forex Trading Money Transfer Glossary.