التراث الثقافي غير المادي لدولة الإمارات: قارئ

source_url: https://u.ae/en/information-and-services/finance-and-investment/the-uae-national-currency # Currency and coins of the UAE The words "dirham" and "dinar" are far older than the modern state. In the early Islamic period the Umayyad caliph Abd al-Malik introduced a standardised coinage around 696–697 CE, built on the gold **dinar** and silver **dirham** that circulated across the Arabian Peninsula. "Dinar" derives from the Roman *denarius* and "dirham" from the Greek *drachma*. Centuries later, in **1959**, the Reserve Bank of India issued a special **Gulf rupee** (or "external rupee") for the Persian Gulf states — Kuwait, Bahrain, Qatar, the Trucial States and Oman — to protect India's foreign reserves from gold smuggling. On **6 June 1966** India devalued the rupee, prompting the Gulf states to adopt their own money. Qatar and most of the Trucial States took up the new **Qatar and Dubai riyal**, while Abu Dhabi used the **Bahraini dinar**. After the United Arab Emirates federated on 2 December 1971, it created a single national currency: the **UAE dirham**, introduced on **19 May 1973** under Union Law No. 2 of 1973. It replaced the Qatar and Dubai riyal at par across the emirates, and the Bahraini dinar in Abu Dhabi (at 1 dinar = 10 dirhams). The dirham is divided into **100 fils**, and the first 1973 coins ran from 1 fils up to 1 dirham. ## Also known / searched as Gulf rupee, external rupee, Qatar and Dubai riyal, UAE dirham, fils, old Emirati money, old Gulf coins, Islamic dinar, silver dirham, currency history of the UAE. Source: https://u.ae/en/information-and-services/finance-and-investment/the-uae-national-currency