United Arab Emirate Monetary Unit (Noun)
Meaning
Monetary unit in the United Arab Emirates.
Classification
Nouns denoting quantities and units of measure.
Examples
- The official united arab emirate monetary unit is the UAE dirham, which is subdivided into 100 fils.
- The dirham, the united arab emirate monetary unit, has undergone several design and security updates since its introduction in 1973.
- Tourists visiting the United Arab Emirates need to exchange their currency for the local united arab emirate monetary unit, the dirham.
- The united arab emirate monetary unit, also known as the dirham, is pegged to the US dollar at a fixed exchange rate.
- The Central Bank of the United Arab Emirates is responsible for regulating the supply and circulation of the united arab emirate monetary unit.