national currency of the United Arab Emirates dirham is Arabic.Before the Gulf Cooperation operated such currency in the UAE, as the rupee.The rupee has been the national currency of all the countries of the Persian Gulf.In its place came the Saudi riyal, but it lasted long and was replaced by the rial, which was used in Qatar and Dubai.Only in 1973 he was introduced dirhams.
If translated literally the word "dirham", it means - a handful.Before the UAE currency used in Greece, and then became a national throughout the Ottoman Empire.Dirham kept the status of the national currency of the Ottomans for centuries.One dirham is equal to 100 fils.In the international economy, he indicated AED.In a market economy is designated DH or Dhs.
In 1978, the currency of the United Arab Emirates has been indexed.But before that the dirham has been pegged to the dollar.After all, the currency UAE came at a time when the dollar was extremely unstable.Coins of various kinds of melted metal.Depending upon some of these advantages were melted bronze, and others - of nickel or copper.All fils were about the same size and shape, but since 1995, the coin of fifty fils and one dirham began to do less, and they have a curved shape with a heptagonal edges.The numbers and letters mean only in Arabic.Coins in one, five and ten fils used very rarely.In the United Arab Emirates all prices are often rounded up twenty-five fils.Face value of one fils were hardly found.When there is a currency exchange, tourists are often confused and fifty fils old-time and modern one dirham.
In 1976, the Central Bank of the country were released into use a few commemorative coins, which are devoted to some significant events in the United Arab Emirates, as well as on the coins minted famous rulers of the emirates.
Currencies UAE is often confused with other currencies.This is due to the fact that some coins of other countries like the United Arab Emirates fils.For example, Australian coins are the same size, weight and shape as the coin of the United Arab Emirates Dirham denominated in one.For the same parameters are similar and coins in countries such as Pakistan, Oman and Morocco.
Since 1973, the country appear banknotes with denominations of one, ten, fifty, a hundred, a thousand dirhams, and in 1982 from this list were removed and one thousand dirhams.In 1983, the country's currency Chamber introduces banknotes with denominations of five hundred dirhams, and then in 1989 there banknotes two hundred dirhams.In 2000, it was returned to the everyday life of banknotes in denominations of one thousand dirhams.At the moment, the United Arab Emirates, the following notes: five, ten, twenty, fifty, one hundred, two hundred, five hundred, a thousand dirhams.Each note has its own color, for example, a bank note of ten dirhams brown and five hundred - dark blue.On one side of the note numbers and letters written in Arabic, and the other - the letters are written in English, and the numbers - in Arabic.Currencies UAE has no restrictions on the export of and import into it, but if the amount is large, it is necessary to explain to the local authorities.
