Exchange Rates against UAE Dirham for VAT related obligations

Last updated 18 Oct 2019 5:59PM
Currency Rate
US Dollar 3.672500
Argentine Peso 0.062945
Australian Dollar 2.515066
Bangladesh Taka 0.043308
Bahrani Dinar 9.741638
Brunei Dollar 2.690673
Brazilian Real 0.886007
Botswana Pula 0.337128
Belarus Rouble 1.801923
Canadian Dollar 2.795327
Swiss Franc 3.718234
Chilean Peso 0.005174
Chinese Yuan - Offshore 0.518957
Chinese Yuan 0.518693
Colombian Peso 0.001069
Czech Koruna 0.159390
Danish Krone 0.547750
Algerian Dinar 0.030747
Egypt Pound 0.226000
Euro 4.091922
GB Pound 4.735044
Hongkong Dollar 0.468282
Hungarian Forint 0.012358
Indonesia Rupiah 0.000260
Indian Rupee 0.051644
Iceland Krona 0.029415
Jordan Dinar 5.179831
Japanese Yen 0.033848
Kenya Shilling 0.035401
Korean Won 0.003114
Kuwaiti Dinar 12.105680
Kazakhstan Tenge 0.009411
Lebanon Pound 0.002429
Sri Lanka Rupee 0.020179
Moroccan Dirham 0.382345
Macedonia Denar 0.066398
Mexican Peso 0.191582
Malaysia Ringgit 0.877224
Nigerian Naira 0.011986
Norwegian Krone 0.399954
NewZealand Dollar 2.342156
Omani Rial 9.538713
Peru Sol 1.096563
Philippine Piso 0.071708
Pakistan Rupee 0.023484
Polish Zloty 0.954913
Qatari Riyal 1.008651
Serbian Dinar 0.034801
Russia Rouble 0.057363
Saudi Riyal 0.979124
Swedish Krona 0.379740
Singapore Dollar 2.690673
Thai Baht 0.121205
Tunisian Dinar 1.301613
Turkish Lira 0.634579
Trin Tob Dollar 0.541268
Taiwan Dollar 0.120229
Tanzania Shilling 0.001595
Uganda Shilling 0.000996
Vietnam Dong 0.000158
South Africa Rand 0.247805
Zambian Kwacha 0.277904

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.