Ruqayyah Snyder
Dubai is a popular tourist destination, known for its year-round sunshine and spectacular scenery. The official currency of the United Arab Emirates (UAE) is the UAE Dirham, represented by the code AED and the symbol د.إ. Australian dollars are not accepted in the UAE, so travellers from Australia will need to exchange their currency before visiting Dubai. Credit cards, debit cards, currency cards, and traveller's cheques are widely accepted in Dubai, although smaller shops and markets may prefer cash. ATMs typically provide the best exchange rates, and traveller's cheques in US Dollars or UK Pounds Sterling can help to avoid additional exchange rate charges.
| Characteristics | Values |
|---|---|
| Currency in Dubai | Dirham (AED) |
| Dirham value in US dollars | 1 US dollar = AED 3.67 |
| Australian dollars accepted in Dubai | No |
| Recommended currency exchange in Dubai | ATMs |
| Exchange rates in Dubai | Best at official exchanges |
| Card acceptance in Dubai | Widely accepted |
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What You'll Learn
Australian dollars are not accepted in Dubai
While US dollars are widely accepted in Dubai, Australian dollars are not. If you are travelling from Australia to Dubai, it is recommended that you exchange your currency ahead of time, either by ordering it online or by visiting a bureau de change in a city CBD. ATMs in Dubai typically provide the best exchange rates, but it is important to factor in possible currency exchange fees from your home bank. Credit cards, currency cards, and traveller's cheques are also widely accepted in Dubai, although cash is preferred in smaller shops and markets.
If you are travelling with Australian dollars, you will need to exchange them for AED upon arrival in Dubai. Commercial money exchange offices are available everywhere in Dubai, and you can also use ATM machines to withdraw AED according to your bank's policy and cost.
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The local currency in Dubai is the UAE Dirham
As a tourist, it is recommended to avoid exchanging currency at Australian airports due to their poor rates. Instead, it is advisable to order your UAE Dirham online or pick it up from a suburban bureau de change before your trip.
In Dubai, credit and debit cards are widely accepted, except in smaller shops and markets where cash is the preferred method of payment. ATMs typically provide the best exchange rates, even when factoring in possible currency exchange fees from your home bank. However, traveller's cheques in US Dollars or UK Pounds Sterling are recommended if you want to avoid additional exchange rate charges.
It is worth noting that Australian dollars are not accepted in the UAE, and the official currency in Dubai is the UAE Dirham.
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Credit and debit cards are widely accepted in Dubai
Dubai's currency is the dirham, shortened to AED (Arab Emirates Dirham), and one US dollar is worth AED3.67. While Dubai is predominantly a cash-based society, credit and debit cards are widely accepted. ATMs are easy to find in Dubai, and you can use your UK debit card to withdraw cash, although you may be charged extra fees for foreign transactions. It is recommended to use your card at an ATM of a bank that has a branch in Dubai, such as Barclays or HSBC, to avoid these fees.
Credit cards, currency cards, and traveller's cheques are widely accepted in the UAE. Visa and Mastercard are the most widely accepted credit cards worldwide and are the most commonly issued by banks in Dubai. Cards from popular networks such as Visa or Mastercard will work at any ATM in Dubai. Charge cards, such as those issued by American Express and Diners Club, are also available in the Gulf region and are widely accepted, although less so than major credit cards due to higher commissions.
Digital wallets are a popular alternative to carrying physical cards in Dubai. The Wise card, for example, can be used for contactless payments and international payments, automatically converting your pounds at the mid-market exchange rate with a small, transparent currency conversion fee.
While cards are widely accepted in Dubai, it is still recommended to carry some cash. Tips and haggling, for example, often require paper cash. Additionally, your phone could die, or payment systems could malfunction, so having some local currency as a backup is always a good idea.
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ATMs in Dubai provide the best exchange rates
Dubai is a cosmopolitan city with a diverse range of cultural expressions and a warm climate all year round. The currency in Dubai is the United Arab Emirates Dirham (AED). While there is no information on whether Australian dollars are accepted in Dubai, there are a few ways to obtain AED in Dubai.
ATMs in Dubai typically have daily withdrawal limits of around AED 5000, which is much higher than the daily withdrawal limit imposed by most home banks. Using an ATM is often a better deal than using a currency exchange service because the transaction is performed using the mid-market rate. However, if you choose to be charged in your home currency, the ATM will use an unfavourable exchange rate. To avoid this, always choose to be charged in the local currency, Dirhams.
It is recommended to use the ATM Fee Saver mobile app to find fee-free and low-fee ATMs in Dubai. This app provides ATM PINs and details of leading bank ATMs, such as ATM fees and withdrawal limits for foreign cardholders. When completing an ATM transaction, choose "Without Conversion" or "Decline Conversion" to avoid additional fees.
Additionally, it is a good idea to check if your home bank has partnerships with Dubai banks to avoid extra ATM fees, and always inform your bank before travelling. It is also important to be aware of safety measures when using ATMs abroad. These include using ATMs in bank branches to reduce the risk of skimming, regularly checking your card transactions, and keeping your card in your direct line of sight at all times.
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US dollars are widely accepted in Dubai
Dubai's rapid development and surge in global visitors have led the city to adapt to cater to various financial preferences. While the UAE Dirham (AED) is the primary currency in Dubai, several foreign currency alternatives are widely accepted and can be used throughout the city.
US dollars (USD) are widely accepted in Dubai. The AED has been pegged to the US dollar since 1997, meaning the exchange rate never changes. One US dollar is worth approximately AED 3.67. Due to the fixed exchange rate, many businesses in Dubai are familiar with the US dollar and are comfortable accepting it. However, it is important to note that the exchange rates offered by vendors may not be as favourable as those found at currency exchange centres or ATMs. Therefore, it is recommended to carry a certain amount of Dirhams for places that don't accept US dollars or for smaller transactions at local markets or souks.
Credit cards, currency cards, and traveller's cheques are also widely accepted in Dubai. ATMs typically provide the best exchange rates, and traveller's cheques in US dollars are recommended to avoid additional exchange rate charges. When paying with a credit or debit card, it is generally best to pay in the local currency, which is the AED.
Overall, while US dollars are widely accepted in Dubai, having a mix of US dollars and Dirhams, as well as using credit or debit cards, can ensure a smoother financial experience during your trip to Dubai.
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Frequently asked questions
No, Australian dollars are not accepted in Dubai. The official currency in Dubai is the United Arab Emirates Dirham (AED).
Credit cards, currency cards, and traveller's cheques are widely accepted in the UAE. ATMs typically provide the best exchange rates, but traveller's cheques in US Dollars or UK Pounds Sterling are recommended to avoid additional exchange rate charges.
You can order Dirhams online and have them delivered to your door or made available for pick-up. You can also visit a bureau de change in the CBD for competitive rates.
Credit and debit cards are widely accepted in Dubai, except for in smaller shops and markets where cash is preferred.
