The local currency is the Emirati dirham which is pegged to the US dollar. The dirham is commonly referred to as either AED or DHS when shown in written form on price tags and menus.
There are 100 fils to one dirham.
Coins come in 25 fils, 50 fils and 1 dirham.
Notes are issued in denominations of:
Dhs 5, Dhs 10, Dhs 20, Dhs 50, Dhs 100, Dhs 200, Dhs 500 and Dhs 1,000.
Always try to have a selection of smaller notes available for cheaper items, as it can be difficult getting change for a Dhs 500 or Dhs 1,000 note.
Money exchange and banking
Exchanging cash or travellers' cheques is relatively easy, with exchange centres located in most shopping malls and throughout the city. Banks are open from Saturday to Thursday (closed on Friday).
Here are the exchange rates: