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Information on United Arab Emirates Currency is very important for the tourists who visit that country. The United Arab Emirates Currency is called Dirham. One Dirham is divided into 100 fils. Previously, there were a number of currencies that were used in United Arab Emirates. The list includes names like Qatari Riyal, Bahraini Dinar and Dubai Riyal. But the UAE currency board established the Central Bank United Arab Emirates that played a major role in replacing those currencies with Dirham.
But as United Arab Emirates is considered as one of the most popular tourist spots in the country, the exchange of currency is not a problem in this country. The exchange of currency in United Arab Emirates is done in the banks and large hotels. But the best exchange rates are provided by the private moneychangers. Most major credit cards are accepted in almost all the shopping malls and departmental stores here. The mostly used credit cards here are Diners Club, American Club, Visa and Master Card. They also accept different traveler’s checks, particularly if they are in US Dollars and Pound Starlings. There are a number of ATMs all over the country.
The Dirham of United Arab Emirates is available in the notes of 5, 10, 20, 50, 100, 200, 500 and 1000. The coins are available in 1, 5, 10, 25 and 50 fils. The value of one Dirham varies between 0.27 USD to 0.30 USD.
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