Convert United States Dollar to United Arab Emirates Dirham
Please provide values below to convert United States Dollar [USD] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to United States Dollar.
How to Convert United States Dollar to United Arab Emirates Dirham
1 USD = 0.272294077603812 AED
Example: convert 15 USD to AED:
15 USD = 15 × 0.272294077603812 AED = 4.08441116405718 AED
United States Dollar to United Arab Emirates Dirham Conversion Table
United States Dollar | United Arab Emirates Dirham |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.