Convert UAE Dirham to Korean Won

Convert UAE dirham (AED) to Korean won (KRW) at the export-import bank's mid-market rate, and see at a glance what Dubai and Abu Dhabi prices really cost you in won.

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🔒 Unit conversions are computed in your browser (exchange rates via public API only).

The dirham-won rate basically tracks the US dollar

Since 1997 the dirham has been pegged to the US dollar at roughly 3.6725 AED per USD, so it barely moves against the greenback. That means the AED-KRW rate doesn't swing on its own the way the euro or yen do; it essentially follows the USD-KRW rate. When the US Federal Reserve hikes rates or the dollar strengthens, the dirham gets pricier in won too, and cheaper when the dollar softens. Because the UAE central bank shadows the Fed to defend the peg, checking 'how's the dollar doing' is usually enough to gauge which way your Dubai budget is heading.

Reading local prices: how many won is one dirham?

One dirham is worth a few hundred won, so the units are larger than the won you're used to. If the rate were 1 AED = 370 KRW, a 50-dirham dish in a Dubai restaurant would run about 18,000 won, and a 12-dirham taxi base fare about 4,400 won. The dirham splits into fils (100 fils = 1 dirham), but as a traveler you'll see almost everything priced in whole dirhams. Get into the habit of multiplying 'dirhams x rate,' and even after the UAE's 5% VAT or a tip, you'll still have a solid feel for the won amount.

Mid-rate vs. real exchange and card charges, plus paying in Dubai

The figure here is the mid-market rate before banks add their spread, so your actual exchange or card bill will come out a touch higher. Korean banks often don't keep much dirham cash on hand, so some travelers change won into dollars and swap those for dirhams once they arrive. That said, Dubai and Abu Dhabi are very card- and contactless-friendly, from taxis to small shops, so paying by card and carrying only a little cash for tips works well. When a terminal asks whether to charge you in Korean won, always pick the local currency, the dirham (AED). Choosing won (dynamic currency conversion) adds the merchant's own markup and costs more.

Frequently asked questions

Is the rate shown here the same as what I'd actually get at a bank?

No. This tool shows the mid-market rate published by Korea's export-import bank around 11 a.m. on business days. Banks and exchange desks add a spread and fees on top, so the real cost runs a bit higher than what's on screen. Dirham cash exchange carries an especially wide spread, and an airport kiosk can widen the gap further.

Why does the dirham move almost in lockstep with the dollar?

Because the UAE dirham is pegged to the US dollar, held at roughly 3.6725 AED per USD. With that peg in place, the dirham's value in won rises and falls along with the USD-KRW rate. So unlike the euro or yen, the dirham rarely spikes on its own, and your trip costs more mainly when the dollar is strong.

In Dubai, is cash or card better?

Dubai and Abu Dhabi widely accept cards and contactless, so paying by card and keeping just a little cash for tips is the easy route. If a 'pay in Korean won' (DCC) prompt appears, choosing the local currency, the dirham (AED), is usually cheaper on fees. On weekends and holidays there's no new fixing, so the on-screen rate holds at the previous business day's value; check the reference date shown alongside it.

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