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Word entry · Arabic (from Byzantine follis)
Fils.
/fils/· n. · Arabic (from Byzantine follis)money
"1/100th of a dirham. The cent."

Rarely used in practice. The AED is the working unit; fils appear on price tags and in banking but not in most daily transactions. A karak is nominally 1 AED even though it was 50 fils in 1995 and may be 1.50 by the time you read this.