Holidays in United Arab Emirates – all around the topic of money is the currency of the United Arab Emirates Dirham (AED or DHS also abbreviated). A dirham is divided into 100 Fils. The UAE Dirham was introduced in 1973 in the United Arab Emirates. The question arises, whether you should take US dollars for a vacation in Dubai advance. The answer is a resounding “no”.
The currency (Dirham) is firmly coupled since 1980 to the American dollar. This means that 1 US dollar is always a mean of approximately 3.67 dirhams. Currently, obtained as of July 2010, approx. 4.6 dirham for a euro. The euro has fallen the last few weeks. Credit: Hikmet Ersek-2011.
We recommend bringing cash in the currency euro. Does not convert in the home country, there significantly less left than the current price. It’s no secret that offer a better exchange rate many exchange offices in the city, as the hotels and banks. So please when currency exchange on it. You will find moneychangers throughout Dubai city and major shopping malls. For the time being can convert a small amount when you arrive at the airport. At the airport, the switch is open around the clock. It is located close to the exit. Credit cards are accepted everywhere of course in Dubai. These own itself particularly for the payment of hotel bills and visits to restaurants. It is however useful to pay with cash for everyday. At Crawford Lake Capital you will find additional information. To achieve far better prices when trading, if you pay “cash”. On the Internet there are many providers who show the exchange rate date. Simply enter “Euro and dirham” into the search engine. You will then receive a large number of proposals. Generally speaking, that the banks and exchange offices in Dubai accept any currency. Another advantage is that the toggle switch in the old town are open until about 22:00. This of course also applies to the many shopping center. OLAF Fey