The currency in Dubai and the United Arab Emirates is the Dirham. Notes come in denominations of 5, 10, 20, 50, 100, 500 and 1000 dirhams. There are 1 dirham and 50 and 25 fils coins in common circulation. Generally, it’s good to carry 100 dirham notes and lower values for day-to-day transactions.
The best places to change foreign currency and traveller’s cheques into dirhams, however, are the numerous exchanges found in malls and souks, which keep shop hours. Hotels may exchange cash and traveller’s cheques at non-competitive rates for guests.
Major international credit and debit cards are accepted in large shops, restaurants and hotels. When shopping in souks, it’s better to bargain for the best price with cash. Carry cash with you when you are travelling in Dubai city, but do not carry too much to avoid getting undue attention.
Speak to the foreign exchange department at SOTC to get the best rates before your Dubai holiday.