Exchange Rates against UAE Dirham for VAT related obligations

Last updated 24 May 2019 5:59PM
Currency Rate
US Dollar 3.672500
Argentine Peso 0.081646
Australian Dollar 2.539765
Bangladesh Taka 0.043601
Bahrani Dinar 9.743705
Brunei Dollar 2.668968
Brazilian Real 0.910364
Botswana Pula 0.340437
Belarus Rouble 1.767409
Canadian Dollar 2.730077
Swiss Franc 3.664438
Chilean Peso 0.005293
Chinese Yuan - Offshore 0.531123
Chinese Yuan 0.532223
Colombian Peso 0.001093
Czech Koruna 0.159203
Danish Krone 0.550608
Algerian Dinar 0.030729
Egypt Pound 0.217694
Euro 4.112082
GB Pound 4.652268
Hongkong Dollar 0.467888
Hungarian Forint 0.012633
Indonesia Rupiah 0.000255
Indian Rupee 0.052895
Iceland Krona 0.029732
Jordan Dinar 5.179831
Japanese Yen 0.033514
Kenya Shilling 0.036290
Korean Won 0.003095
Kuwaiti Dinar 12.072650
Kazakhstan Tenge 0.009675
Lebanon Pound 0.002431
Sri Lanka Rupee 0.020810
Moroccan Dirham 0.378956
Macedonia Denar 0.066459
Mexican Peso 0.192698
Malaysia Ringgit 0.876806
Nigerian Naira 0.011984
Norwegian Krone 0.421710
NewZealand Dollar 2.405200
Omani Rial 9.538713
Peru Sol 1.096891
Philippine Piso 0.070391
Pakistan Rupee 0.024201
Polish Zloty 0.957078
Qatari Riyal 1.003991
Serbian Dinar 0.034880
Russia Rouble 0.056920
Saudi Riyal 0.979333
Swedish Krona 0.384269
Singapore Dollar 2.669162
Thai Baht 0.115306
Tunisian Dinar 1.229165
Turkish Lira 0.604427
Trin Tob Dollar 0.541052
Taiwan Dollar 0.116521
Tanzania Shilling 0.001599
Uganda Shilling 0.000976
Vietnam Dong 0.000157
South Africa Rand 0.255215
Zambian Kwacha 0.284139

Historical Exchange Rates

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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.