AED to USD Converter

The UAE Dirham has been pegged to the US Dollar since 1997 to ensure currency stability, which is crucial for the country's international trade, oil exports (which are priced in USD), and tourism industry. This fixed exchange rate reduces currency risk for businesses and investors operating in the UAE.

AED can be exchanged for USD at all major banks in the UAE (including Emirates NBD, Dubai Islamic Bank, and Abu Dhabi Commercial Bank), currency exchange houses (such as Al Ansari Exchange and UAE Exchange), and at airports. Due to the fixed exchange rate, you'll get the same rate everywhere, though some providers may charge a small commission or fee.

The UAE has few restrictions on currency exchange for residents and visitors. However, amounts exceeding AED 100,000 (or equivalent in other currencies) must be declared when entering or exiting the country. Non-residents can freely exchange foreign currency to AED and vice versa without restrictions, making it convenient for tourists and business travelers.

UAE Dirham banknotes are available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1000. Coins come in 1, 5, 10, 25, and 50 fils, as well as 1 Dirham (100 fils = 1 Dirham). Fils coins are rarely used for small purchases, with most transactions rounded to the nearest Dirham.