Dubai dirham to usd

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods.

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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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.

Dubai dirham to usd

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.

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The low point was 0. More US Dollar info. Download the Xe App Check live rates, send money securely, set rate alerts, receive notifications and more. View full chart. Xe Rate Alerts. Currency Information. View charts. Our currency converter is simple to use and also shows the latest currency rates. This chart shows data from to More Emirati Dirham info. Average These are the average exchange rates of these two currencies for the last 30 and 90 days. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Used and trusted by millions of people. These are the lowest points the exchange rate has been at in the last 30 and day periods. Track currency View transfer quote.

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We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. Create alert. 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. View full chart. Low These are the lowest points the exchange rate has been at in the last 30 and day periods. Send money. Scan me! Xe Currency Charts. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. These currency charts use live mid-market rates, are easy to use, and are very reliable.