Since 1997, the United Arab Emirates coin — the dirham — has been valued to the United States dollar at a rate of approximately 3.6725 dirhams to $1. The dirham is divided into 100 subunits called fils. The coins of the dirham have the following denominations: 1, 5, 10, 25, and 50 fils, and 1 dirham.
The 25 and 50 fils coins are the most commonly used in the United Arab Emirates; the smallest coins have largely fallen out of use. The smaller fils are made out of bronze, and the larger coins are made of cupronickel.
The country has also released a number of commemorative coins, which may be worth more than the face value to collectors. These celebrate many of the nation's important historical events and organizations such as universities, national banks and the World Cup.