Emirati Dirham

Emirati Dirham

The currency of the United Arab Emirates. It was introduced in 1971 upon the formation of the United Arab Emirates and their complete independence from Great Britain. Previously, both the Bahraini dinar and the Qatari riyal (then known as the Qatar-Dubai riyal) were used in what is now the UAE. While it was pegged to the IMF special drawing rights in 1978, the dirham has been pegged to the U.S. dollar unofficially for most of its history. The UAE officially pegged the dirham to the dollar in 1997.
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According to details, the ASF during the search of baggage of a passenger identified as Zakir leaving for Dubai through a private airline flight at Islamabad International Airport recovered 37,000 Saudi Riyal and 37,000 Emirati Dirham.
"58000 US dollars, 34000 Saudi Riyal, 41000 Emirati Dirham, Afghan, Indian and Australian currency were seized during the raid which worth of more than 50 million Pakistani rupees.
CurrencyFair exchanges into these 19 currencies: Emirati Dirham (AED), Euro (EUR), New Zealand Dollar (NZD), Australian Dollar (AUD), British Pound (GBP), Polish Zloty (PLN), Canadian Dollar (CAD),Hong Kong Dollar (HKD), Swedish Krona (SEK), Swiss Franc (CHF), Hungarian Forint (HUF), Singapore Dollar (SGD), Czech Koruna (CZK), Israeli Shekel (ILS), US Dollar (USD), Danish Krone (DKK), Norwegian Krone (NOK), South African Rand (ZAR) and Indian Rupee (INR).
AED is Emirati Dirham, the currency of the United Arab Emirates, and is equivalent to PS648.50.
As a result, holidaymakers from the Gulf, where local currencies such as the Emirati dirham are pegged to the stronger dollar, have enjoyed a summer of discounted trips to the country.
The most-exchanged foreign currencies during Hajj are the US dollar, the euro, the Singapore dollar, the Indian rupee, the Indonesian rupiah, the Emirati dirham and the Malaysian ringgit.
For every greeting shared, the Mall will donate one Emirati Dirham to the Basma Campaign at the Al Jalila Foundation.
February 21 order overturned a legal amendment by PML-N lawmakers allowing Sharif to remain party president despite being disqualified from public office by the Supreme Court for failing to declare monthly income of 10,000 Emirati dirham ($2,723) from a company owned by his son.
Ambassador Suri explained the currency agreement, according to which the businesses between the two countries will be executed directly in the Indian rupee and Emirati dirham (AED).
Moreover, the Emirati dirham is trading at EGP 3.25 unofficially, while on the official market it recorded EGP 2.40.
Moreover, he said KFED has a capital of 2 billion Emirati Dirham and targets its business on providing Emiratis loans to commence SMEs, particularly to those whose loan requests have been turned down by banks.
The cheque was reportedly for 1.8million Emirati Dirham as a final instalment on a newly built property.