Currency
UAE Dirham (Dh) = 100 fils. Notes are in
denominations of Dh1000, 500, 200, 100, 50,
20, 10 and 5. Coins are in denominations of
Dh1, and 50, 25, 10, 5 and 1 fils.
Note
The Dirham is tied to the US Dollar.
Currency exchange
Most hotels will handle the exchange of
foreign currency.
Credit & debit cards
American Express, Diners Club, Visa and
MasterCard are widely accepted. Check with
your credit or debit card company for
details of merchant acceptability and other
services which may be available.
Travellers cheques
These are widely accepted. To avoid
additional exchange rate charges, travellers
are advised to take travellers cheques in US
Dollars or Pounds Sterling.
Currency restrictions
The import and export of both local and
foreign currency are unrestricted.
Exchange rate indicators
| Date |
Feb 02 |
May 02 |
Nov 02 |
Feb 03 |
| 1.00= |
5.25 |
5.35 |
5.81 |
5.85 |
| $1.00= |
3.67 |
3.67 |
3.67 |
3.67 |
Banking hours
Sat-Wed 0730-1300, Thurs 0730-1200. Some
also open Sat-Wed 1630-1800.
| |
Duty Free
Duty Free
The following items may be
imported into the United
Arab Emirates without
incurring customs duty:
2000 cigarettes and 400
cigars and 2kg of tobacco;
2l of spirits of more than
22 per cent alcohol, and 2l
of wine (non-Muslims over 18
years only); a reasonable
amount of perfume for
personal use.
Prohibited items
Drugs, unstrung pearls
except for personal use,
firearms and ammunition, raw
seafood, fruit and
vegetables from
cholera-infected areas.
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