Dubai dirham to usd

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This chart shows data from to The average exchange rate over this period was 0. Exchange rates can fluctuate by the minute while markets are open. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. Conversely, 1 AED is worth 0. The United Arab Emirates Dirham is down Our information is trusted by millions of users across the globe each month.

Dubai dirham to usd

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Check live foreign currency exchange rates. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Check live rates, send money securely, set rate alerts, receive notifications and more. Scan me! Over 70 million downloads worldwide. Since , the Xe Currency Converter has provided free mid-market exchange rates for millions of users.

Dubai dirham to usd

The dollar to dirham exchange rate is fixed at 1 USD to 3. The GCC countries are oil-exporting nations. To avoid currency fluctuation and eliminate uncertainties in international transactions, these countries have pegged their currencies to the US dollar. Pegging the dirham to the US dollar exchange rate helps to ensure stability and predictability in prices. This makes it easier for businesses to forecast their costs and revenues and helps to encourage foreign investment. While this arrangement has its benefits, it also has some drawbacks. This can make imported goods more expensive, and make it difficult for citizens to travel abroad. Despite these potential drawbacks, the UAE has no immediate plans to unpeg its currency from the US dollar. As noted above, the UAE is an oil-exporting country.

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This is for informational purposes only. Low These are the lowest points the exchange rate has been at in the last 30 and day periods. Login to view send rates. Download History. Used and trusted by millions of people. Average These are the average exchange rates of these two currencies for the last 30 and 90 days. The low point was 0. Why Trust Us? Track currency View transfer quote. View History Table. The United Arab Emirates Dirham is down

Review historical currency rates. With this convenient tool you can review market history and analyse rate trends for any currency pair.

If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. The United Arab Emirates Dirham is down Scan me! The world's most popular currency tools. Check live rates, send money securely, set rate alerts, receive notifications and more. View charts. Xe Currency Charts. Xe International Money Transfer. Create a chart for any currency pair in the world to see their currency history. More Emirati Dirham info. Track currency View transfer quote. The average exchange rate over this period was 0. Used and trusted by millions of people.