Currency - Dirham (UAE)

International Payments or Transfers in UAE Dirham

FTT Global offers a competitive exchange rate that is better than your bank’s rate. Plus, we offer a simple, speedy online service and our expert, friendly support team is here for you 24/7 should you need any help. Register with FTT today and convert or transfer your money instantly.

Sign د.إ / Code AED

Do you need to make or receive UAE Dirham payments or transfer Dirham currency between accounts? We can help, and save you money.

About the Dirham

The Dirham is the official currency of the United Arab Emirates, a Middle Eastern nation formed in 1971-72, which is comprised of seven states with a total population of approximately 4 million. The Dirham was introduced in 1973 replacing the Qatar and Dubai riyal. From 1966 to 1973 the Qatar and Dubai riyal had circulated in all of the emirates except Abu Dhabi, where the dirham replaced the Bahraini dinar.

Dirham coins come in denominations of 1, 5, 10, 25, 50 fils and 1 dirham. These were introduced in 1973, though the 1, 5 and 10 fils coins are rarely used in everyday life. 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 1972, banknotes of 1, 5, 10, 50, and 100 dirham were also introduced, and a 1000 dirham note was issued in 1976. However the 1000 dirham note was omitted along with the 1 dirham note in 1982 after a second series of notes was introduced. In 1983 the 500 dirham banknote was introduced followed by a 200 dirham bank note in 1989. The 1000 dirham bank notes were reintroduced in 2000.

  • The most popular United Arab Emirates exchange rate is the INR to AED rate.
  • The name Dirham comes from the Greek word Drachmae, meaning “handful”, through Latin.

Our most popular AED Money Transfers

At FTT Global we accommodate international money transfers in over 30 different foreign currencies. The Dirham is one of our most popular currency exchanges with the following transfers accounting for many of these trades.

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