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Exchange Rate Home >> Foreign Exchange Cities >> Abu Dhabi
Exchange Rate Abu Dhabi
Use the currency converter below to calculate the current exchange rate for the city of Abu Dhabi . The currency used in Abu Dhabi is the UAE Dirham. Abu Dhabi is the capital of U.A.E..
If you are traveling to Abu Dhabi , you will need to exchange your currency for the Emirati Arab Dirham. You may exchange your money for the UAE Dirham at most Abu Dhabi banks or at specialized stores called Foreign Exchange Bureaus. Look for signs that say Bureau De Change, Geld Wechseln or Cambio. You may be able to exchange your money at the Abu Dhabi airport, but exchange rates may not be the best. You should consider purchasing the UAE Dirham currency at a more favorable exchange rate before you arrive in Abu Dhabi . You can do that by researching online currency brokers that do foreign exchange. If on holiday, vacation, or business you can also inquire about purchasing travellers checks (Travellers Cheques). Also, before your trip, consult with your credit or debit card bank about the foreign exchange transaction fees charged for using your card in Abu Dhabi , U.A.E..
About Abu Dhabi
Abu Dhabi (Arabic: أبو ظبي Abū ẓabī, literally Father of deer) is the capital of and the second largest city in the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast. The city proper, making up an area of 67,340 km2 (26,000 sq mi), had an estimated population of 860,000 in 2008.
Abu Dhabi houses important offices of the federal government, and is the seat for the United Arab Emirates Government and the home for the Emirati Royal Family. Abu Dhabi has grown to be a cosmopolitan metropolis. Its rapid development and urbanisation, coupled with the relatively high average income of its population, has transformed Abu Dhabi to a larger and advanced metropolis. Today the city is the country's center of political, industrial activities, and a major cultural, and commercial centre due to its position as the capital. Abu Dhabi alone generated 56.7% of the GDP of the United Arab Emirates in 2008.
Abu Dhabi is home to important financial institutions such as the Abu Dhabi Securities Exchange, the Central Bank of the United Arab Emirates and the corporate headquarters of many companies and numerous multinational corporations. One of the world's largest producers of oil, Abu Dhabi has actively attempted to diversify its economy in recent years through investments in financial services and tourism. Abu Dhabi is the second most expensive city for expatriate employees in the region, and 50th most expensive city in the world. Fortune & CNN stated that Abu Dhabi is the richest city in the world, although this is subjective.
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