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United Arab Emirates dirham

The Arab Emirates Dirham (; Arabic: ???????? ??????????????, abbreviation: ??.?? in Arabic, Dh (singular) and Dhs (plural) or DH in Latin; ISO code: AED is the official currency of the United Arab Emirates. The dirham is subdivided into 100 fils (??????). It is pegged to the United States Dollar at a constant exchange rate of approximately 3.67 AED to 1 USD. History The name dirham is a loan from the Greek ???????????? (drakhm??). Due to centuries of trade and usage of the currency, dirham survived through the Ottoman Empire. Before 1966, all the emirates that now form the UAE used the Gulf rupee, which was pegged at parity to the Indian rupee. On 6 June 1966, India decided to devalue the Gulf rupee against the Indian rupee. Not accepting the devaluation, several of the states still using the Gulf rupee adopted their...

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wikidata.org 0 views · 2024-12-26 19:27:22

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