| Currency | 07/16/2026 | 07/23/2026 | Change | |
| Seychellois Rupee (SCR) | 0.0602 € | ⇨ | 0.0655 € | +8.83% |
| Silver (oz) | 1.6202 € | ⇨ | 1.6821 € | +3.82% |
| Gold Sovereign | 834.69 € | ⇨ | 852.47 € | +2.13% |
| Gold (oz) | 113.99 € | ⇨ | 116.42 € | +2.13% |
| Bitcoin (BTC) | 56,575 € | ⇨ | 57,741 € | +2.06% |
| Venezuelan Bolívar (VES) | 0.0012 € | ⇨ | 0.0012 € | -1.19% |
| Hungarian Forint (HUF) | 0.0028 € | ⇨ | 0.0027 € | -1.26% |
| Israeli Shekel (ILS) | 0.2908 € | ⇨ | 0.2865 € | -1.5% |
| Papua New Guinean Kina (PGK) | 0.1989 € | ⇨ | 0.1959 € | -1.52% |
| Bolivian Boliviano (BOB) | 0.126 € | ⇨ | 0.0806 € | -36.03% |
| See also the 24h, 30d and 1y changes | ||||
| Currency name | UAE Dirham |
| Symbol | DH |
| Also known as | AED, United Arab Emirates Dirham, 1 AED = 100 fils |
| ISO code | AED |
| Banknotes | 5, 10, 20, 50, 100, 200, 500, 1000 AED |
| Coins | 1, 5, 10, 25, 50 fils; 1 AED |
| Central bank | Central Bank of the UAE - Website: www.centralbank.ae |
| Countries | 1 country: United Arab Emirates (capital: Abu Dhabi, major cities: Dubai, Abu Dhabi, Sharjah) |
| Population | 10 mil. |
History
The United Arab Emirates, a federation of seven emirates established in 1971, adopted the UAE dirham the same year, replacing the Qatar and Dubai riyal that had circulated since 1966 and the Bahraini dinar used in Abu Dhabi. The name "dirham" shares its ancient roots with the Greek drachma, spreading to the Arab world through Islamic monetary tradition.
The UAE dirham was initially pegged to the IMF's Special Drawing Rights (SDR). Since 1997, it has been pegged at a fixed rate of 3.6725 AED per US dollar — a peg maintained steadfastly ever since, supported by Abu Dhabi's vast oil and gas revenues. This peg has proven one of the most durable fixed exchange rates in the world, surviving the 2008 financial crisis, oil price collapses, and regional geopolitical turbulence without adjustment.
The Central Bank of the UAE manages the dirham. Abu Dhabi's enormous sovereign wealth funds — including the Abu Dhabi Investment Authority (ADIA), one of the largest in the world — and hydrocarbon export revenues provide the foreign exchange reserves that support the peg. The UAE has diversified its economy significantly through tourism, finance, and trade, though oil remains central.
The dirham's reliability makes it a preferred store of value across the Gulf region and among expatriate workers who make up the vast majority of the UAE's population.
Sources:
"United Arab Emirates dirham", Wikipedia, https://en.wikipedia.org/wiki/United_Arab_Emirates_dirham
"Central Bank of the UAE", Wikipedia, https://en.wikipedia.org/wiki/Central_Bank_of_the_United_Arab_Emirates