Tag: dirham

UAE Dirham

The Dirham is subdivided into 100 fils, and is available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000. The Bank issues currency notes in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000. The Central Bank...

UAE Exchange Rate

The exchange rate is also an important factor in the local economy, as it affects the cost of goods and services, inflation, and the ability of businesses to compete internationally. In order to maintain a stable exchange rate, the UAE Central Bank...