UAE dirham (AED)

The United Arab Emirates dirham, coded as AED and abbreviated as DH or DHS, is the official currency of the UAE. Issued by the Central Bank of the United Arab Emirates, it was introduced in 1973 to replace the Qatar and Dubai riyal across the emirates. Subdivided into 100 fils, the dirham has been officially pegged at a fixed exchange rate to the United States dollar since November 1997.