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Everything a Tourist Should Know About the Currency Rate in Dubai

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Al Rostamani

Every foreign visitor to Dubai or the United Arab Emirates, in general, should be familiar with the currency rate in Dubai and its denominations. 


The Dirham, which is also known as DH or Dhs informally and AED officially, is the currency of the United Arab Emirates. The Dubai Dirham, which represents the local currency, is tied to the US Dollar at a rate of 3.67%. So, you will always get the best rate when converting Dollars to Dirhams because it never changes. When you swap any other currency, the value fluctuates. Due to Dubai's status as a global hub, obtaining exchange counters is seldom a problem. So, only use it as a convenient location or in an emergency.


Things to know before exchanging currency in Dubai


Although exchanging money is a common option for foreign tourists, you might want to think about opening a bank account in Dubai if you're planning a lengthy stay or if you're making significant expenditures like purchasing real estate or automobiles there. Here are a few things to consider before exchanging currency in Dubai.


  • Avoid "zero fee" services


When traveling abroad, you'll almost certainly come across firms that advertise "zero fees" or "no commission" for currency exchange. They frequently give you a subpar exchange rate that doesn't correspond to the actual market rate and keep the difference for themselves.


  • Decide to pay in AED, the local currency (Dirham)


You can be asked if you want to be charged in your home currency when using an ATM while traveling. This is a bad idea because it guarantees that your money will be changed at an unauthorized rate, and you'll probably have to pay an additional cost. 


  • Verify whether your bank has operations in Dubai


You may easily withdraw money from ATMs in Dubai, just like you can at home. Check to see if your home bank has any agreements with local banks in Dubai before you begin utilizing ATMs. If they do, you could even be able to withdraw money from an ATM.


Facts about Tipping in Dubai


Although there is no law requiring tips in Dubai, you might be kind and leave a small gratuity if you appreciate the service. If you choose not to tip, no one will look at you angrily or frown. Here is a quick primer on where and how much to tip in Dubai, just in case.


  • Taxis: Compared to taxis in the US or Europe, UAE taxis are less expensive. In Dubai, you'll never have a problem hailing one because there are so many of them. 


  • Grocery stores: If you just bought a water bottle, it wouldn't make sense to tip. You can leave no tip or pay the rounded amount in grocery stores.


  • Hotels: If you ask the valet to run an errand for you or if they help you carry extra-heavy luggage to your room.


In a nutshell 


You're all set. You are now fully informed regarding the currency rate in Dubai, the Emirates Dirham. Dubai residents are incredibly cordial and treat visitors with the utmost respect. Therefore, you won't experience any difficulties when exchanging your money, moving it to the Dubai currency, or asking a local for advice on how to do it.

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