AED to USD converter
The UAE dirham is pegged to the US dollar at AED 3.6725 = USD 1, so USD 1,000 is AED 3,672.50 and AED 1,000 is about USD 272.29. Banks and exchange houses add their own margin. For VAT on invoices in foreign currency, convert using the Central Bank rate on the date of supply.
Reviewed by Countify's ACCA/FCCA chartered certified accountants · Updated
- Converted amount
- 3,672.5
- Rate used (fixed peg)
- 3.67
The dirham has been pegged at AED 3.6725 to USD 1 since 1997. Banks apply their own buy and sell spreads. For VAT on foreign currency invoices, use the Central Bank rate on the date of supply.
Results are estimates for general information, not tailored advice.
USD to AED at the peg
1 USD = 3.6725 AED.
| USD | Converted amount |
|---|---|
| $100 | 367.25 |
| $1,000 | 3,672.5 |
| $10,000 | 36,725 |
| $100,000 | 367,250 |
Other GCC currencies (except the Kuwaiti dinar) are also pegged to the dollar.
Invoicing in dollars
You can invoice in USD, but a tax invoice must show the VAT amount in AED too. Keep your books in AED (or record the exchange rate used) so your VAT return and corporate tax return reconcile.
Frequently asked questions
Is the AED pegged to the USD?
Yes, at 3.6725 dirhams per dollar, fixed since 1997.
Bookkeeping and management accounts
Monthly bookkeeping in Xero, Zoho Books or QuickBooks with management accounts you can run the business on, for a fixed fee.