Cryptocurrency Q&A
Which Emirates have riyal coins?
Which Emirates have riyal coins?
BlockchainBaroness
Fri Jan 31 2025
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5
answers
1057
I'm curious about which Emirates use the riyal coins in their currency system. I've noticed that several countries in the region use different currencies, and I specifically want to know which ones adopt the riyal coins.
5 answers
SkyWalkerEcho
Sat Feb 01 2025
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Bianca
Sat Feb 01 2025
The Qatar and Dubai riyal have been in circulation since 1966 across all emirates, with the exception of Abu Dhabi. In Abu Dhabi, the dirham replaced the Bahraini dinar as the official currency.
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Michele
Sat Feb 01 2025
The United Arab Emirates dirham (AED) is the official currency used in the country, and it comes in various coin denominations. These include coins valued at AED 1, 50 fils, and 25 fils.
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TaegeukWarrior
Sat Feb 01 2025
However, not all coin denominations are frequently used in daily transactions. Specifically, coins of 1, 5, and 10 fils are rarely used in everyday life due to their low value.
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CryptoTitan
Sat Feb 01 2025
To facilitate transactions, amounts are typically rounded up or down to the nearest multiples of 25 fils. This practice simplifies the use of coins and makes transactions more efficient.
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