The indian rupee was used as a legal tender in this country for more than hundred years. In 1959 a special currency unit - the
Persian Gulf rupee was issued. In 1966 Abu-Dabi introduced bahraini dinar to replace it, the other emirates introduced the saudi
riyal to be replaced by Qatar and Dubai riyals in 1968. In 1971, after the formation of the UAE the UAE dirham was introduced.
1 dirham equals 100 fils.