Emirati Dirham

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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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This, obviously, has been possible thanks to the UAE dirham's fixed peg to the US dollar, which has remained steadfast at
The currency fell to a record 39.48 per UAE dirham and closed at 146.2 against the US dollar on Thursday.
The post Netflix eyes more local content with UAE dirham rates appeared first on TahawulTech.com.
If you're an Asian expat in the UAE and a big-ticket remitter, hold your cash because the UAE dirham will strengthen further against the currencies of India, Pakistan, Sri Lanka, Bangladesh and the Philippines in the second half of 2018, say currency analysts.
The Central Bank attributed the hike in remittances to 2.2 per cent in the average value of UAE Dirham against other currencies comparatively with the same period last year.
by Times News Service Customs officials recovered around OMR24,925 and UAE dirham 45,500 from the Omani citizen, according to a source at Lahore Airport.
Australian Dollar 1.77 Bulgarian Lev 2.20 Canadian Dollar 1.67 Croatian Kuna 8.56 Czech Koruna 30.77 Egyptian Pound 10.21 Euro 1.16 Hungarian Forint 332.88 NZ Dollar 1.92 Polish Zloty 4.68 S African Rand 16.22 Swiss Franc 1.41 Thai Baht 49.90 Turkish Lira 3.18 UAE Dirham 5.71 US Dollar 1.58
Dubai, Nov.22 (ANI): The fall of the Indian rupee to a new low of Rs14.1953 against the UAE dirham (and Rs52.20 against the US dollar), has brought a feeling of joy among Indian expatriates here.
Currency value: 1 UAE dirham = 0.46 Azerbaijani Manat.
Summary: Currency falls to 14.4 against UAE dirham, lowest since late December
Along with MasterCard, LGB Bank has launched Lebanon's first UAE Dirham MasterCard Credit Card designed for the bank's visiting and UAE resident customers.