UAE Introduces New Currency Symbol: What It Means for Travelers and Shoppers
The United Arab Emirates (UAE) has officially introduced a new currency symbol for the dirham (AED), marking a major milestone in the country’s economic journey. The sleek and modern symbol is designed to align the UAE dirham with global currencies like the US Dollar ($), British Pound (£), Euro (€), and Japanese Yen (¥).
At Akbar Travels, we keep you updated with the latest travel-related news from across the UAE. Whether you’re planning a holiday, booking a visa, or shopping in the Emirates, here’s what you need to know about this exciting development.
What Is the New UAE Dirham Symbol?
The UAE Central Bank revealed a brand-new symbol to represent the dirham – the national currency of the United Arab Emirates. The symbol is a stylized letter derived from Arabic script, representing the Arabic letter “Dāl” (د), which is the first letter in the word “dirham.”
Key Highlights:
- The symbol resembles ‘د.إ’ in a modern, single character form.
- It aims to standardize the way the dirham is presented in global markets.
- The new symbol will be used in financial documents, banking apps, receipts, price tags, and signage.
Why Introduce a New Currency Sign?
Introducing a currency symbol may seem like a small step, but it carries major economic and global branding significance.
Reasons for the new UAE currency symbol:
- Global Recognition: Just like $ stands for USD, this symbol helps the dirham gain global visibility.
- National Identity: It promotes the UAE’s financial independence and cultural pride.
- Digital Integration: Ideal for digital banking, forex trading, travel apps, and e-commerce platforms.
- Simplified Communication: Easier to identify the currency in reports, contracts, and invoices.
What It Means for Tourists and Travelers
If you’re a traveler visiting the UAE or planning your trip with Akbar Travels, this new symbol might soon appear in several places:
Here’s where you might spot it:
- Flight Tickets and Booking Confirmations
Your ticket prices may now show the new dirham symbol instead of “AED” or “Dhs.”
- Hotel Receipts and Invoices
Bills at hotels, especially in cities like Dubai, Abu Dhabi, and Sharjah, may now use the new symbol.
- Shopping and Dining
Look out for the new symbol on menus, shopping bills, and e-commerce checkouts.
- Currency Exchange Counters
Forex services at airports and malls will soon start displaying the updated symbol.
Quick Facts: UAE Dirham
- Currency Code: AED
- Subunit: 1 dirham = 100 fils
- Current Denominations: Coins – 25 fils, 50 fils, 1 dirham | Notes – 5, 10, 20, 50, 100, 200, 500, 1000 dirhams
- Pegged To: The US Dollar (Approx. 1 USD = 3.6725 AED)
UAE Dirham Symbol in Digital Platforms
The Central Bank has coordinated with global tech firms and operating systems to include the symbol in keyboards, operating systems, and fonts. It will be available soon on:
- Microsoft Office
- Google Workspace
- iOS and Android keyboards
- POS systems and eCommerce websites
Symbol of Growth and Progress
This isn’t just a design change – it’s a powerful symbol of the UAE’s growing influence in the global economy. As the country becomes a hub for international tourism, finance, and innovation, the currency symbol acts as a branding tool for national identity.