On 27 March 2025, The Central Bank of the UAE (CBUAE) unveiled a new symbol for the dirham, for both its physical and digital forms. The announcement also marked a milestone, as the UAE became the first central bank in the Arab region to join the FX Global Code, strengthening the dirham’s position as a global currency.
The concept The new symbol takes inspiration from the UAE’s flag. It contains two horizontal lines across the alphabet D, representing the dirham, to create a symbol that embodies strength, unity and progress. For the digital dirham, the design involves the alphabet D encircled with the colours of the UAE’s flag, symbolising pride in the nation’s identity. Find The Guidelines for the National Currency Symbol “UAE Dirham” (PDF, 1 MB).
The ‘Currency Board’ was established as per Union Law No. 2 of 1973, which was replaced by Law No. 10 of 1980 concerning the Central Bank, Monetary System and Organization of Banking (PDF, 550 KB).
The Currency Board issued the national currency that replaced the Bahraini Dinar and the Qatari and Dubai Riyal currencies that were in use at the time as per the website of the UAE Central Bank. The UAE dirham was introduced in circulation for the first time on 19 May 1973. The Qatar and Dubai riyal were in circulation since 1966 in all of the emirates except Abu Dhabi, where the dirham replaced the Bahraini dinar.
Coins are in the denominations of AED 1, 50 fils and 25 fils. The coins of 1, 5 and 10 fils are not used in everyday life. So, all amounts are rounded up or down to the nearest multiples of 25 fils.
Since 1976, the Currency Board and then Central Bank of the United Arab Emirates have minted several commemorative coins celebrating different events of the United Arab Emirates as below:
The Central Bank of the United Arab Emirates issues the country's banknotes. To combat counterfeiting, a watermark of the national emblem appears on the obverse of each note.
Alongside currency used for everyday transactions, the CBUAE also mints commemorative coins to celebrate the many highlights and achievements of the United Arab Emirates.
Government entities, banks and the CBUAE are all entitled to request CBUAE to issue a commemorative gold, silver or circulation coin to mark an important occasion.
Read more about currency and coins.06 Oct 2025