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When did the AED become a currency?

The AED came into existence in 1973, replacing several regional currencies, including the Dubai riyal and the Qatar riyal. This transition marked a pivotal moment in the economic development of the UAE. Since its inception, the AED has remained a symbol of the country’s economic growth and stability.

What are the different types of AED coins?

The AED is divided into 100 fils and is available in various denominations. Banknotes come in values of 5, 10, 20, 50, 100, 200, 500, and 1,000 dirhams. There are also coin denominations of 1, 25, and 50 fils, although coins with a value of less than 10 fils are rarely used in everyday transactions.

How do AED banknotes protect against counterfeiting?

To combat counterfeiting, AED banknotes incorporate several security measures, including watermarks. The national emblem, a golden falcon with a disk surrounded by seven stars and seven feathers representing each of the Emirates, appears on the obverse of each note.

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