The Central Bank of the United Arab Emirates (CBUAE) has officially introduced a new symbol for the dirham, aiming to enhance its global recognition and strengthen the country’s financial identity.
The newly unveiled symbol, inspired by the English letter “D,” incorporates two horizontal lines representing financial stability. The design aligns with international currency symbols and reflects the UAE’s economic strength and innovation.
According to the CBUAE, the new dirham symbol will be used in both physical and digital transactions, simplifying financial communication and boosting the UAE’s status in the global financial system. The move also aligns with the nation’s strategy to embrace digital transformation, particularly as the UAE prepares for the launch of the “Digital Dirham” – a blockchain-based digital currency set to be rolled out later this year.
Khaled Mohamed Balama, Governor of the CBUAE, highlighted that the introduction of the symbol marks a significant milestone in the country’s financial sector, reinforcing the dirham’s credibility and usability in the evolving digital economy.
The symbol will be gradually integrated across banking systems, financial transactions, and official documents in the UAE.
