AED (United Arab Emirates Dirham)

Dictionary Says

Definition of 'AED (United Arab Emirates Dirham)'

The currency abbreviation for the United Arab Emirates dirham (AED), the currency of Dubai and other Emirates. The United Arab Emirates dirham is made up of 100 fuloos, which is plural for fils. It is often presented with the symbol Dhs or DH. 
Investopedia Says

Investopedia explains 'AED (United Arab Emirates Dirham)'

The United Arab Emirates Dirham has been used since 1973, when it replaced several currencies such as the Dubai riyal and the Qatar riyal. The dirham was officially pegged to the U.S. dollar at one dollar to 3.6725 dirhams on January 28, 1978. A fils is also the subunit for the Kuwaiti dinars, Iraqi dinarsm, Bahraini dinars and the Yemeni rial.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Authorized Forex Dealer

    Any type of ...
  2. Base Currency

    The first ...
  3. Currency

    A generally ...
  4. Currency Pair

    The quotation ...
  5. Forex - FX

    The market in ...
  6. Forex Futures

    An ...
  7. Quote Currency

    The second ...
  8. Emirates Investment Authority - EIA

    A state-owned ...
  9. ANG (Netherlands Antilles Guilder)

    The currency ...
  10. SIT

    In currencies, ...

Articles Of Interest

  1. Currency Exchange: Floating Rate Vs. Fixed Rate

    Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers.
  2. A Primer On The Forex Market

    Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.
  3. Commodity Prices And Currency Movements

    Find out which currencies are most affected by fluctuations in gold and oil prices, and improve your trading.
  4. Trade Forex With FXTrader

    Open up the big bad world of forex trading by virtually trading 10 of the most popular currency pairs on our NEW forex trading simulator.
  5. Forex: Identifying Trending And Range-Bound Currencies

    Gain a trading edge by learning how macroeconomic forces play out differently for various pairs in the forex market.
  6. The New World Of Emerging Market Currencies

    Take advantage of foreign currency markets without stepping out of your house.
  7. How are international exchange rates set?

  8. 8 Basic Forex Market Concepts

    We go over some of the things you need to understand before you can trade currencies.
  9. An Introduction To Complementary Currencies

    There are alternatives to national currencies. Discover complementary currencies and how they work.
  10. Top 10 Cities For A Career In Finance

    Moving to one of these financial hot-spot destinations could set your career in motion.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center