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Which Currency is Used in Dubai?

The United Arab Emirates dirham is considered to be Dubai’s official currency whose short form is Dhs or DH. There are 100 files in every dirham. You’ll be able to get Dirham notes in denominations of 5, 10, 20, 50, 100, 200, as well as 500 & 1000 dirhams. On most occasions, 1 dirham, 25 fils, and 50 fills coins happen to be in circulation in Dubai. It will be a good idea to make use of smaller notes since you will find them convenient for tipping.

Currency used in Dubai

What is Dirham’s history?

This particular currency in the UAE was introduced in the year 1973 in the month of May. The term ‘dirham’ has been derived from ‘dram’ which appears to be the Ottoman unit of mass coming from the historic Greek coin known as ‘drachma’. The UAE currency has been pegged at the rate of 3.6725 dirhams to 1 dollar to the US dollar at present.

Best place for exchanging currency in Dubai

It will be advisable for you to exchange Indian currency for Dubai money at the departure airport or at the banks prior to arriving in the UAE despite the fact that the dirham is not considered to be amongst the typical currencies obtainable and you should be able to access it at any big airport. Nevertheless, there is nothing to be concerned about in case one does not have adequate time to perform that. You will come across lots of currency exchange outlets in Dubai right now. It might be feasible for you to take advantage of the best obtainable rates in case you change from US dollars since the dirham is pegged to the US currency. This implies that you will get almost identical rates while exchanging to Dirhams from the US currency, including accounts charges and fees.

The value will rise and fall according to the US dollars at the time of exchange of other currencies to Dirhams. It will be a sensible idea to monitor the existing mid-market rate so as to stay away from being charged exorbitantly. You will find online currency converters on Google for helping you. Apart from this, it will be a good idea to verify whether your personal bank has any tie-up with any local financial institution in Dubai.

Is it feasible to use US dollars in Dubai?

Yes, US dollars will be accepted by most eateries, hotels, malls, as well as outlets in the city despite the fact that the retailers might levy additional charges. Also, certain retailers might not accept older US dollars, and therefore, it will be recommended to visit an exchange bureau for having some Dirham denominations on you.

Tipping in Dubai

No strict regulation exists in terms of tipping in the city, and therefore, it cannot be considered to be mandatory in the long run. Make sure to tip 10% to 15% to the server in case you are gratified with the services at any bar, restaurant, or café, although the service charge might be mentioned on the receipt.

The majority of the cabs will not accept credit cards in Dubai. If you want to tip a cab driver, make it a point to offer a 5 or 10 Dubai currency note. You might tip 5 to 10 dirhams to the hotel employees and more if they help you in carrying heavy luggage.

On the other hand, 5 to 10 dirhams will be adequate for tipping for any short spa and beauty treatment like a manicure. However, you might fancy tipping as many as 10% for massages and haircuts, and other types of longer treatments.

The good thing in Dubai is that virtually anything can be delivered to you at any time of the day. For instance, if you like to place an order for a soda can at 2 am, it will be available for you. For this kind of service, you can offer a tip of 5 to 10 dirhams in Dubai.