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1 Fils

Coin details

YEAR OF ISSUE

2005

Currency and Coins

In 1973, the UAE Currency Board issued the nation’s first banknotes.

In 1982, the CBUAE released a second issue of UAE paper currency, following the transition from the UAE Currency Board to the CBUAE, instituted by Union Law No. (10) of 1980.

As a result of this transition, the current CBUAE banknotes - which are familiar to us today - replaced the previous issue of UAE Currency Board notes.

Currency & coins

Last updated on: Tuesday 24 February 2026

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