What exchange rate do you get for old US dollar bills in Dubai?
Based on 2 discussions with 4 participants · Last activity: 18 days ago
Based on 2 discussions with 4 participants · Last activity: 18 days ago
TL;DR
Old US dollar bills are accepted in Dubai, but street markets like Deira may offer a lower rate of 3.6. Banks give better rates.
The rate for old dollar bills hovers around 3.6 AED per USD — check the current rate before exchanging, as it may be slightly higher.
Exchange dollars at a bank rather than at street markets. Deira market money changers often offer a lower rate of around 3.6 AED per dollar.
Older series banknotes are accepted in the UAE without issues — there are no specific restrictions on older bill designs.
The official fixed exchange rate is 3.6725 AED per 1 USD — this is the UAE Central Bank peg.