Exchange Rates against UAE Dirham for VAT related obligations

Last updated 05 Jun 2020 6:00PM
Currency Rate
US Dollar 3.672500
Argentine Peso 0.053236
Australian Dollar 2.556383
Bangladesh Taka 0.043216
Bahrani Dinar 9.725900
Brunei Dollar 2.633183
Brazilian Real 0.735117
Botswana Pula 0.316197
Belarus Rouble 1.547880
Canadian Dollar 2.732515
Swiss Franc 3.808462
Chilean Peso 0.004822
Chinese Yuan - Offshore 0.518510
Chinese Yuan 0.518071
Colombian Peso 0.001033
Czech Koruna 0.156356
Danish Krone 0.556397
Algerian Dinar 0.028617
Egypt Pound 0.226139
Euro 4.148311
GB Pound 4.654626
Hongkong Dollar 0.473865
Hungarian Forint 0.012056
Indonesia Rupiah 0.000265
Indian Rupee 0.048556
Iceland Krona 0.027858
Jordan Dinar 5.179831
Japanese Yen 0.033469
Kenya Shilling 0.034597
Korean Won 0.003045
Kuwaiti Dinar 11.914031
Kazakhstan Tenge 0.009189
Lebanon Pound 0.002429
Sri Lanka Rupee 0.019803
Moroccan Dirham 0.379438
Macedonia Denar 0.067139
Mexican Peso 0.169468
Malaysia Ringgit 0.860574
Nigerian Naira 0.010187
Norwegian Krone 0.394324
NewZealand Dollar 2.385670
Omani Rial 9.538961
Peru Sol 1.074459
Philippine Piso 0.073671
Pakistan Rupee 0.022465
Polish Zloty 0.936170
Qatari Riyal 1.000272
Serbian Dinar 0.035282
Russia Rouble 0.053676
Saudi Riyal 0.978029
Swedish Krona 0.399324
Singapore Dollar 2.632994
Thai Baht 0.116550
Tunisian Dinar 1.291906
Turkish Lira 0.541675
Trin Tob Dollar 0.542467
Taiwan Dollar 0.123582
Tanzania Shilling 0.001587
Uganda Shilling 0.000985
Vietnam Dong 0.000158
South Africa Rand 0.217825
Zambian Kwacha 0.200409

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.