Exchange Rate in United Arab Emirates

United Arab Emirates Exchange Rate | Economic News & Forecasts

United Arab Emirates - Exchange Rate

Economic momentum appears to have taken a hit in the last quarter of the year due to nosediving oil prices in the period. Nevertheless, growth in the non-oil sector remained steady in Q4, as reflected by PMI data up to November, which suggests annual non-oil GDP growth in 2018 broadly matched the preceding year. However, the stock market in Dubai posted its worst annual performance since 2008 with a 25% fall, owing to oversupply and falling prices in the critical real-estate market; in contrast, the Abu Dhabi stock index performed robustly. Looking at 2019, Dubai unveiled its annual budget on 1 January, which was broadly stable from 2018’s record expenditures, with a continued focus on infrastructure investment to prepare for Expo 2020. This spending will supplement the largest budget in history which was recently enacted at the federal level.

United Arab Emirates - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)3.67  3.67  3.67  3.67  3.67  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


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

Exchange Rate3.670.0 %Jan 30
Stock Market0.30.75 %Jan 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form