Drham (official currency of the United Arab Emirates)

The Dram (AED) is the official currency of the United Arab Emirates and one of the most stable currencies in the world. The issuance of drams is handled by the Central Bank of the United Arab Emirates. Its currency code is AED and its symbol is ?.?. The dram is the legal tender of the UAE and can be used in the UAE and other countries.

How to obtain drams

If you plan to travel to or live in the United Arab Emirates, you will need to obtain drams to cover local expenses and fees. Here are several ways to get drams:

1. Exchange them at a local bank or currency exchange office

Drams can be exchanged for drams at banks or currency exchange offices in the United Arab Emirates. You can bring cash or a credit card to these places, but be aware that currency exchange offices may charge a fee.

2. Use an ATM machine

You can use an international credit or debit card to withdraw money from ATM machines in the UAE. However, it should be noted that using a credit card to withdraw funds will incur high interest and fees, so it is best to use a debit card.

3. Online purchase

You can buy Drams online through online currency exchange platforms. This method can avoid handling fees and exchange rate losses, but it should be noted that you need to choose a safe and reliable platform.

How to use drams

In the UAE, drams can be used in shops, restaurants and other establishments. Here are several ways to use drams:

1. Cash payment

You can use dram cash to pay for shopping, dining, etc. Dram banknotes are available in denominations of 1, 5, 10, 20, 50, 100, 200, 500 and 1000 drams.

2. Use a credit or debit card

In the UAE, credit and debit cards can be used in most shops and restaurants. But be aware that in some small shops and street stalls, only cash payments are accepted.

3. Through mobile payment applications

In the UAE, mobile payment applications have become very popular. You can use ApplePay, SamsungPay and other applications to pay, or use local mobile payment applications in the UAE, such as ApplePay, SamsungPay, etc.