Exchange Rate in United Arab Emirates

United Arab Emirates Exchange Rate | Economic News & Forecasts

United Arab Emirates - Exchange Rate

Activity likely continued to gain traction in Q2. The non-oil private sector PMI averaged higher overall compared to Q1, signaling business conditions improved at a faster pace. Moreover, June’s reading showed the first increase in employment levels in five months, likely supporting consumption. Meanwhile, Q2 oil production was higher than in Q1. Turning to Q3, the economy appeared to steam ahead, as in July–August the PMI averaged at the highest level in two years, and oil production continued to increase in July, with output marking an 11-month high. Moreover, from 1 August OPEC+ began further easing production cuts, and in the same month the successful vaccination program enabled the government to open up inbound travel to all vaccinated visitors, boosting the important tourism industry and suggesting a bright economic panorama ahead.

United Arab Emirates - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)3.67  3.67  3.67  3.67  3.67  

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United Arab Emirates Exchange Rate Chart

UAE Exchange Rate
Note: United Arab Emirates Dirham (AED) per U.S. dollar
Source: Thomson Reuters.

United Arab Emirates Facts

Value Change Date
Exchange Rate3.670.0 %Dec 31
Stock Market0.10.75 %Jan 07

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