UAE currency: an ode to Sharjah on the Dh5 note
- Date: 06-May-2021
- Source: The National
- Sector:Financial Services
- Country:UAE
UAE currency: an ode to Sharjah on the Dh5 note
The UAE was formed in December 1971 but it took another two years or so before the new country got its own currency.
On May 20, 1973, in came the dirham and out went the rupee, the dinar, the riyal and even the Maria Theresa silver thaler.
Having a currency was an expression of sovereignty and unity, especially when so many others had been in circulation among the seven emirates.
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