50 Fils

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.