Exchange Rates against UAE Dirham for VAT related obligations

Last updated 12 Aug 2022 6:00PM
Currency Rate
US Dollar 3.672500
Argentine Peso 0.027307
Australian Dollar 2.605719
Bangladesh Taka 0.038654
Bahrani Dinar 9.741896
Brunei Dollar 2.677920
Brazilian Real 0.718267
Botswana Pula 0.295635
Belarus Rouble 1.455262
Canadian Dollar 2.871159
Swiss Franc 3.897792
Chilean Peso 0.004161
Chinese Yuan - Offshore 0.545164
Chinese Yuan 0.544970
Colombian Peso 0.000874
Czech Koruna 0.154638
Danish Krone 0.506810
Algerian Dinar 0.025716
Egypt Pound 0.191775
Euro 3.770534
GB Pound 4.448819
Hongkong Dollar 0.468563
Hungarian Forint 0.009603
Indonesia Rupiah 0.000250
Indian Rupee 0.046093
Iceland Krona 0.026846
Jordan Dinar 5.173993
Japanese Yen 0.027462
Kenya Shilling 0.030745
Korean Won 0.002814
Kuwaiti Dinar 11.985966
Kazakhstan Tenge 0.007698
Lebanon Pound 0.002429
Sri Lanka Rupee 0.010201
Moroccan Dirham 0.356232
Macedonia Denar 0.061629
Mexican Peso 0.184659
Malaysia Ringgit 0.826339
Nigerian Naira 0.008768
Norwegian Krone 0.383683
NewZealand Dollar 2.361736
Omani Rial 9.539457
Peru Sol 0.947400
Philippine Piso 0.065948
Pakistan Rupee 0.017051
Polish Zloty 0.807285
Qatari Riyal 1.002977
Serbian Dinar 0.032116
Russia Rouble 0.060136
Saudi Riyal 0.978029
Sudanese Pound 0.006478
Swedish Krona 0.360601
Singapore Dollar 2.676944
Thai Baht 0.103831
Tunisian Dinar 1.176593
Turkish Lira 0.204613
Trin Tob Dollar 0.540574
Taiwan Dollar 0.122560
Tanzania Shilling 0.001575
Uganda Shilling 0.000974
Vietnam Dong 0.000157
Yemen Rial 0.014676
South Africa Rand 0.225629
Zambian Kwacha 0.227964
Azerbaijan manat 2.161566
Bulgarian lev 1.926103
Croatian kuna 0.501461
Ethiopian birr 0.069705
Iraqi dinar 0.002516
Israeli new shekel 1.131985
Libyan dinar 0.757357
Mauritian rupee 0.080714
Romanian leu 0.770320
Syrian pound 0.001462
Turkmen manat 1.050787
Uzbekistani som 0.000337

Historical Exchange Rates

Jul

2022


Jun

2022


May

2022


Apr

2022


Mar

2022


Feb

2022


Jan

2022


Dec

2021


Nov

2021


Oct

2021


Sept

2021


Aug

2021


Jul

2021


Jun

2021


May

2021


Apr

2021


Mar

2021


Feb

2021


Jan

2021


Dec

2020


Nov

2020


Oct

2020


Sept

2020


Aug

2020


Jul

2020


Jun

2020


May

2020


Apr

2020


Mar

2020


Feb

2020


Jan

2020


Dec

2019


Nov

2019


Oct

2019


Sept

2019


Aug

2019


Jul

2019


Jun

2019


May

2019


Apr

2019


Mar

2019


Feb

2019


Jan

2019


Dec

2018


Nov

2018


Oct

2018


Sept

2018


Aug

2018


Jul

2018


Jun

2018


May

2018


Apr

2018


Mar

2018


Feb

2018


Jan

2018


The listed foreign currency rates against AED (Arab Emirates Dirham) are published by the Central Bank of UAE only for the calculation of the VAT obligation of UAE business entities to the UAE Federal Tax Authority as per the requirement of Union Law No. 8 on Value Added Tax. The rates are provided by Thomson Reuters and converted into AED by the Central Bank of UAE. These rates are updated Monday to Friday and are based on FX rates prevailing at 6pm UAE time each day. In instances where specific markets are closed due to local holiday, then the relevant rate will be the prevailing rate of the previous day at 6pm. All rates used are the mid rates of the concerned currency pairs.

Neither The Central Bank of UAE or Thomson Reuters, nor any person or persons acting on their behalf, may be held responsible with respect to any direct (or indirect) loss that may arise from the use of, or reliance on, the published rates.