United Arab Emirates dirham

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 basic unit of the currency of the United Arab Emirates. The dirham consists of 100 fils (فلس).

United Arab Emirates dirham

درهم إماراتي (in Arabic)
1 dirham coin in reverse
ISO 4217
Code	AED (numeric: 784)
Subunit	0.01
Unit
Symbol	د.إ‎
Denominations
Subunit
​1⁄100	Fils (فلس)
Banknotes
Freq. used	5, 10, 50, 100, 500, 1,000 dirhams
Rarely used	20, 200 dirhams
Coins
Freq. used	25 fils, 50 fils, 1 dirham
Rarely used	1, 5, 10 fils
Demographics
User(s)	United Arab Emirates
Issuance
Central bank	Central Bank of the UAE
Website	www.centralbank.ae
Valuation
Inflation	2.5%
Source	The World Factbook, 2011 est.
Pegged with	USD[1] 1 USD = 3.6725 AED

The dirham is issued by the Central Bank of the United Arab Emirates. Its value is fixed with the US dollar at a rate of 3.6725 dirhams to the dollar. It is believed that the UAE will maintain this dirham-dollar rate.

The UAE dirham was introduced for the first time on May 19, 1973 as an alternative to the Bahraini dinar (issued by Bahrain in 1965 and was used by the Emirate of Abu Dhabi) and for the Qatar and Dubai riyals (issued by the Qatar and Dubai Monetary Council in 1966).