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The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates (UAE), introduced in 1973. It is subdivided into 100 fils and is used widely across the seven emirates, facilitating trade and economic activities within the region.
The Israeli New Sheqel (ILS) is the official currency of Israel, introduced in 1985 to replace the old Sheqel. It is subdivided into 100 agorot and is used for all monetary transactions within the country, playing a critical role in the Israeli economy and international trade.