Exchange Rates against UAE Dirham for VAT related obligations

Last updated 21 Oct 2020 6:00PM
Currency Rate
US Dollar 3.672500
Argentine Peso 0.047265
Australian Dollar 2.611463
Bangladesh Taka 0.043318
Bahrani Dinar 9.739829
Brunei Dollar 2.711533
Brazilian Real 0.657106
Botswana Pula 0.323175
Belarus Rouble 1.445070
Canadian Dollar 2.800656
Swiss Franc 4.060703
Chilean Peso 0.004683
Chinese Yuan - Offshore 0.553062
Chinese Yuan 0.551949
Colombian Peso 0.000968
Czech Koruna 0.160511
Danish Krone 0.585380
Algerian Dinar 0.028558
Egypt Pound 0.233917
Euro 4.355948
GB Pound 4.818921
Hongkong Dollar 0.473871
Hungarian Forint 0.011980
Indonesia Rupiah 0.000251
Indian Rupee 0.049886
Iceland Krona 0.026495
Jordan Dinar 5.179831
Japanese Yen 0.035133
Kenya Shilling 0.033786
Korean Won 0.003244
Kuwaiti Dinar 12.022457
Kazakhstan Tenge 0.008582
Lebanon Pound 0.002429
Sri Lanka Rupee 0.019927
Moroccan Dirham 0.401204
Macedonia Denar 0.070707
Mexican Peso 0.174710
Malaysia Ringgit 0.886328
Nigerian Naira 0.009637
Norwegian Krone 0.398769
NewZealand Dollar 2.443284
Omani Rial 9.539209
Peru Sol 1.020819
Philippine Piso 0.075717
Pakistan Rupee 0.022712
Polish Zloty 0.952659
Qatari Riyal 1.008651
Serbian Dinar 0.037036
Russia Rouble 0.047836
Saudi Riyal 0.979203
Swedish Krona 0.420522
Singapore Dollar 2.711333
Thai Baht 0.117595
Tunisian Dinar 1.336864
Turkish Lira 0.468814
Trin Tob Dollar 0.541419
Taiwan Dollar 0.128122
Tanzania Shilling 0.001583
Uganda Shilling 0.000981
Vietnam Dong 0.000158
South Africa Rand 0.225491
Zambian Kwacha 0.181377

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.