UAE dirham

The UAE dirham (AED) is the official currency of the United Arab Emirates. It is divided into 100 smaller units called fils. The dirham is issued and regulated by the Central Bank of the UAE. It is used for all transactions within the country, including shopping, services, and business. The dirham's value can fluctuate relative to other currencies based on economic factors and exchange rates. It's a stable currency, reflecting the UAE's strong economy and oil wealth. Internationally, the currency is recognized and exchanged in global markets, facilitating trade and investment in the region.