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United Arab Emirates Shopping & United Arab Emirates Exchange Rate

 
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    Customs duties are low and therefore luxury goods are cheaper than in most countries. The Dubai duty-free shop is one of the cheapest in the world. Souks sell traditional Emirate leather goods, gold, brass and silverware.

    Shopping hours
    Daily 0900-1300 and 1600-2100, but many shops are open all day. Shops close for prayers Fri 1130-1330.

    Currency Information:

    Currency
    UAE Dirham (AED) = 100 fils. Notes are in denominations of AED1,000, 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of AED1,
    and 50, 25, 10 and 5 fils (10 and 5 fils coins are rarely used).

    The Dirham is tied to the US Dollar.

    Currency Exchange
    Most hotels will handle the exchange of foreign currency.

    Credit/Debit Cards and ATMs
    American Express, Diners Club, MasterCard and Visa are widely accepted.

    Traveller's Cheques
    These are widely accepted. To avoid additional exchange rate charges, travelers are advised to take traveller’s cheques in US Dollars or Pounds Sterling.

    Banking Hours
    Sat-Wed 0800-1300, Thurs 0800-1200. Some also open Sat-Wed 1630-1800.

    Exchange Rate Indicators
    DateApr 07
    £1.00=AED7.26
    $1.00=AED3.67
    €1.00=AED4.91



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