Since 1997, the dirham, the currency of the United Arab Emirates, has been valued at a rate of around 3.6725 dirhams per dollar. The dirham is subdivided into one hundred fils. The denominations of dirham coins are 1, 5, 10, 25, and 50 fils, as well as 1 dirham.
The most regularly used coins in the United Arab Emirates are the 25 and 50 fils coins; the smaller ones have virtually fallen out of circulation. The smaller fils are composed of bronze, while the larger coins are composed of cupronickel.
The nation has also issued a number of commemorative coins, which may be worth more to collectors than their face value. These commemorate numerous significant historical events and institutions, including universities, national banks, and the World Cup.
