Introduction
When planning a trip to Dubai, understanding the local currency is essential. Many first-time travellers search for Dubai Dinar currency, but Dubai does not use the Dinar. Instead, the official currency in Dubai is the United Arab Emirates Dirham (AED), abbreviated as AED and symbolised as د.إ.
Knowing how to exchange money, use Indian currency in Dubai, and manage payment in Dubai can help travellers avoid unnecessary expenses. This guide covers currency denominations, exchange tips, and money-saving strategies to make financial transactions easier when visiting Dubai.
List of currency notes in Dubai
The currency in Dubai, the UAE Dirham, comes in banknotes and coins. Here’s a quick look at the available denominations:
Banknotes
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Denomination (AED)
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Colour
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Key Features
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5
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Brown
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Blue Souk in Sharjah and Salem Al Mutawa
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10
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Green
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Date tree, Omani Khanjar and the Sheikh Zayed Grand Mosque.
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20
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Light Blue
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Dubai Creek Golf & Yacht Club and Dhow sailing boat
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50
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Purple
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Al Fahidi Fort and the Arabian Oryx (old currency) or the founding fathers of the UAE (new currency)
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100
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Pink
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World Trade Centre and Al Fahidi fort
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200
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Yellow
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Central Bank building and the National Stadium at Zayed Sports City
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500
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Blue
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Jumeirah Mosque and the Falcon (old currency). Terra Sustainability Pavilion and the Museum of the Future (new currency)
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1,000
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Green/Blue
Brown
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Qasr Al-Hosn (old currency). Space shuttle/Hope probe and the Barakah Nuclear Energy Plant (new currency)
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Coins (Fils and Dirhams)
Along with banknotes, coins are frequently used for smaller transactions. They are available in the following denominations:
- 1 Fils, 5 Fils, and 10 Fils: These are rarely used in daily transactions.
- 25 Fils and 50 Fils: These are commonly used for small purchases and change.
- 1 Dirham (AED 1): Widely used for metro tickets, vending machines, and smaller transactions.
Many shops round up prices to the nearest 25 or 50 fils since smaller coins are often not in circulation. It is advisable to carry small change when shopping at local markets or using public transport.
Using Indian currency
Many travellers wonder whether Indian currency in Dubai is accepted. The answer is generally no, except in specific cases:
- Dubai duty-free: Indian Rupees (INR) can be used at Dubai International Airport’s duty-free shops. However, only higher denominations like ₹100, ₹200, ₹500, and ₹2,000 are accepted. Change is given in Dirhams.
- Currency exchange centres: Dubai has numerous exchange centres that accept INR and convert it into AED. Compared to airports, these centres usually offer competitive rates.
- Hotels and tour operators: Some high-end hotels and tour operators may accept INR, but this is not guaranteed and depends on their policies.
Since INR is not widely accepted, it is recommended that you exchange it for AED before departure or upon arrival in Dubai.
Methods of payment in Dubai
One can use a variety of payment in Dubai options, making transactions convenient for travellers:
- Cash payments: Although digital payments are preferred, carrying some cash is helpful for small purchases, taxis, and souks.
- Credit & debit cards: Visa, MasterCard, and American Express are widely accepted at hotels, restaurants, and shopping malls.
- UPI & RuPay cards: Select locations now support Unified Payments Interface (UPI) and RuPay cards, making transactions easier for Indian travellers.
- Digital wallets: Apple Pay, Google Pay, and Samsung Pay are accepted at most modern establishments.
- Prepaid travel cards: These offer fixed exchange rates and are ideal for travellers who want to avoid currency conversion charges.
Before using any card, check for foreign transaction fees, as some banks charge extra for international payments.
Tips to save money when travelling in Dubai
Dubai can be expensive, but thoughtful planning can help save money. Here are a few tips:
● Use public transport: The Dubai Metro and buses offer an affordable way to travel around the city.
● Eat at local restaurants: Save money by dining at local eateries instead of touristy restaurants.
● Shop smart: Shop during the Dubai Shopping Festival or Ramadan for discounts.
● Book tickets in advance: Save money by booking tickets online for attractions and tours.
● Consider travel insurance for Dubai: Ensure you're covered for medical emergencies, cancellations, or lost luggage.
FAQs
- Can I use Indian Rupees in Dubai?
No, except at duty-free stores at the airport. All other transactions require AED.
- What is the best way to carry money in Dubai?
For security and convenience, it is recommended that travelers carry a mix of cash, credit/debit cards, and a prepaid travel card.
- Do I need to carry cash in Dubai?
Most places accept digital payments, but having some cash is helpful for taxis, markets, and local transport.
- Where should I exchange Indian Rupees for Dirhams?
It is better to exchange money at city-based exchange centres rather than at the airport for better rates.
- Is travel insurance necessary for Dubai?
Yes, having travel insurance for Dubai is highly recommended to cover medical emergencies, lost luggage, and trip delays.
Conclusion
Understanding the currency in Dubai is essential for hassle-free transactions. The UAE Dirham (AED) is the official currency, and Indian currency in Dubai has minimal use. With multiple payment in Dubai options available, including cash, cards, and digital payments, managing expenses is easy.
Travellers can enjoy Dubai without worries by planning their finances wisely and opting for travel insurance. Being prepared ensures a smooth and stress-free trip, whether it is shopping, dining, or sightseeing.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.