The Currency of Dubai _ Dubai Currency photos

Currency of Dubai:

The UAE dirham was presented during December 1971, supplanting the Qatar and Dubai riyal at standard. The Qatar and Dubai riyal had circled beginning around 1966 in the emirates as a whole, with an exemption of Abu Dhabi, which utilized the Bahraini dinar up until the presentation of the dirham, at a pace of 1 dirham = 0.1 dinar.The name dirham is gotten from the Greek word, drachmae, which in a real sense signifies "modest bunch", through Latin. Because of extremely old exchange and utilization of the dirham, it made due through the Ottoman system.

Banknotes:

In 1973, the United Arab Emirates Currency Board gave banknotes in categories of 1, 5, 10, 50, 100, and 1000 dirhams. A subsequent series was presented in 1982, which precluded the 1 and 100 dirham banknotes. In 1983, the 500 dirham note was presented, trailed by 200 dirham in 1989, and new 1000 dirham notes in 2000. The banknotes presently found available for use are named in 5, 10, 20, 50, 100, 200, 500, and 1000 dirham.The front text on the ongoing notes is written in Arabic with numbers in Eastern Arabic numerals, while the opposite text is in English with Arabic numerals.

Fraud:

By August 2006, it turned out to be freely realised that the Philippine 1 peso coin is equivalent in size to a UAE 1 dirham coin. As 1 peso is equivalent to just 8 fils, this has prompted candy machine extortion inside the UAE. Alongside this, the Australian dime coin, Pakistani 5 rupee coin, the Omani 50 baisa coin, and the Moroccan dirham are additionally a similar size as the UAE 1 dirham coin.