Utd. Arab Emir Dirham AED
The dirham is the currency of United Arab Emirates.  The ISO 4217 code for the United Arab Emirates dirham is AED. The symbol for the currency of dirham is given as AED. The local representation of the currency is DH or Dhs. The dirham is further subdivided into 100 fils.       

                                                                                                                                                                                                                  

The currency of United Arab Emirates dirham was introduced in 1973.  Previous to the AED the Qatar and Dubai riyal was in use.  The AED replaced the Riyal at par when it was introduced.

Since November 1977, the dirham was been pegged to the USD for most of the time, which offers an exchange value of approximately 1 dirham = 0.272294 dollar.

The AED coins were first introduced in 1973 at values of 1, 5, 10, 25, 50 fils, and 1 dirham.  The 1, 5 and 10 fils were minted in bronze, the other higher values of 25 and 50 fils were minted in cupro-nickel.  In 1955, the size of the 50 fils and 1 dirham coins was reduced.

The U.A.E. Currency board in 1973 issued notes in denominations of 1, 5, 10, 50, 100 and 1000 dirham.

In 1983, the second series of notes of 500 dirham were issued.  The texts in the currencies are written in Arabic and the numbers are written in eastern Arabic numerals.
 
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