Dubai currency

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USD to AED Conversion Table USD [United States Dollar] AED [United Arab Emirates Dirham] 0.01 United States Dollar 0.03672865 United Arab Emirates Dirham 0.1 United States Dollar 0.3672865 United Arab Emirates Dirham 1 United States Dollar 3.672865 United Arab Emirates Dirham 2 United States Dollar 7.34573 United Arab Emirates Dirham 3 United States Dollar 11.018595 United Arab Emirates Dirham 5 United States Dollar 18.364325 United Arab Emirates Dirham 10 United States Dollar 36.72865 United Arab Emirates Dirham 20 United States Dollar 73.4573 United Arab Emirates Dirham 50 United States Dollar 183.64325 United Arab Emirates Dirham 100 United States Dollar 367.2865 United Arab Emirates Dirham 1000 United States Dollar 3672.865 United Arab Emirates Dirham How to Convert USD to AED 1 United States Dollar = 3.672865 United Arab Emirates Dirham 1 United Arab Emirates Dirham = 0.2722670177 United States Dollar Example: convert 15 United States Dollar to United Arab Emirates Dirham: 15 United States Dollar = 15 × 3.672865 United Arab Emirates Dirham = 55.092975 United Arab Emirates Dirham Popular Currency Conversions • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Convert USD to Other Currency Units

Dubai: You have them in your pockets and take them wherever you go. But do you know what they’re worth apart from their face value? The dirhams in your wallet tell more than how much purchasing power you have now. They provide a doorway to the past, back when the UAE was not yet a country and the emirates were still called Trucial States. This 46th National Day of the UAE, Ram Kumar, founder of Numisbing, a Dubai-based dealer of collectible coins, banknotes, medals and bullion, takes us through the journey of how the dirham came to be and what the means of exchange in this century were before the birth of the country. “Before the UAE was formed in 1971, all the five emirates had their own commemorative coins [showing famous events around the world] except Dubai and Abu Dhabi. These things ran until 1966,” Ram Kumar told Gulf News as he scanned a panel full of commemorative coins dedicated to the UAE at Numisbing. The use of coins in the region dates as far back as the 4th century BC, excavations across the UAE show. People from this part of the world used Greek coins, the drachma, to trade. This was followed by Islamic coins, then the colonial currency, the Indian rupee. “Until oil was discovered, the UAE was a desert. That’s why they could not issue their own currency. Secondly, there was no country,” Ram Kumar, a professional numismatist, said. Back then, when the seven emirates were still Trucial States under UK protection, Indian coins and rupees were circulated in the...

What Is the AED (United Arab Emirates Dirham)? The AED is the currency abbreviation for the United Arab Emirates dirham, the official currency of Dubai and other Emirates. It is often presented with the symbol Dhs or DH. The United Arab Emirates Dirham has been used since 1973, when it replaced several currencies, such as the Dubai riyal and the Qatar riyal. • The UAE Dirham is the currency of the United Arab Emirates. • It is sub-divided into 100 fils. • It is pegged to the U.S. dollar and is among the world's most stable currencies. Basics of AED (United Arab Emirates Dirham) The United Arab Emirates dirham is made up of 100 fils. The dirham is available in denominations of 5, 10, 20, 50, 100, 200, 500, and 1,000. Coin denominations are 1, 25, and 50 fils, although it's interesting to note that coins with a value of less than 10 are rarely used. The Central Bank of the United Arab Emirates issues the country's banknotes. To combat counterfeiting, several watermarks are used, including the national emblem appearing on the obverse of each note. Any action "deemed an insult" to the national emblem is considered a punishable crime and that includes counterfeiting. The emblem is a golden falcon with a disk surrounded by seven stars in its center and seven feathers to represent each of the Emirates. But the peg can also work against government strategy. For example, oil prices collapsed in 2015 and reduced revenues for GCC countries. Many countries toyed with the idea of deval...

History of the UAE Dirham The ‘Currency Board’ was established as per Union Law No. 2 of 1973 , which was replaced by Law No. 10 of 1980 concerning the Central Bank, Monetary System and Organization of Banking (PDF, 550 KB) . The Currency Board issued the national currency that replaced the Bahraini Dinar and the Qatari and Dubai Riyal currencies that were in use at the time as per the website of the UAE Central Bank . The UAE dirham was introduced in circulation for the first time on 19 May 1973. The Qatar and Dubai riyal were in circulation since 1966 in all of the emirates except Abu Dhabi, where the dirham replaced the Bahraini dinar. Coins Coins are in the denominations of AED 1, 50 fils and 25 fils. The coins of 1, 5 and 10 fils are not used in everyday life. So, all amounts are rounded up or down to the nearest multiples of 25 fils. Since 1976, the Currency Board and then Central Bank of the United Arab Emirates have minted several commemorative coins celebrating different events of the United Arab Emirates as below: • CBUAE to issue silver coin to commemorate first Emirati astronaut's space mission - WAM • Reissuance of Commemorative Coins in honour of Founding Father – WAM • Central Bank issues commemorative coin on Asian Cup – WAM Bank notes The first dirham notes, introduced in 1973, were in denominations of AED 1, 5, 10, 50 and 100. Three years later the AED 1,000 note was released. The first notes issued had both Arabic and English lettering, with various land...