AED to BGN

AED - United Arab Emirates Dirham (د.إ.‏)
BGN - Bulgarian Lev (лв.)
1 AED1 BGN

Currency conversion rates from AED to BGN

AEDBGN
1 AED1 BGN
5 AED5 BGN
10 AED10 BGN
20 AED20 BGN
50 AED50 BGN
100 AED100 BGN
250 AED250 BGN
500 AED500 BGN
1000 AED1000 BGN
2000 AED2000 BGN
5000 AED5000 BGN
10000 AED10000 BGN
BGNAED
1 BGN1 AED
5 BGN5 AED
10 BGN10 AED
20 BGN20 AED
50 BGN50 AED
100 BGN100 AED
250 BGN250 AED
500 BGN500 AED
1000 BGN1000 AED
2000 BGN2000 AED
5000 BGN5000 AED
10000 BGN10000 AED

AED - United Arab Emirates Dirham (د.إ)

The United Arab Emirates dirham is the currency of the United Arab Emirates. The dirham is abbreviated by the currency code AED, and its symbol is د.إ. Unofficial abbreviations include ‘Dhs’ and ‘DH’. The most popular AED exchange is with Indian rupees (INR to AED). The dirham is a fiat currency, and its conversion factor has 6 significant digits.

The Dirham (AED) is the currency of the United Arab Emirates. 1 Dirham = 100 fils. Exchange can be done at a bank, but is less costly at an exchange office. The United Arab Emirates Dirham was pegged to the IMF’s drawing rights in 1978. In 1997 the Dirham was pegged to the US Dollar at 1 USD = 3.6725 dirham.

The United Arab Emirates Dirham is the currency in United Arab Emirates (AE, ARE, UAE). The symbol for AED can be written Dh, and Dhs. The United Arab Emirates Dirham is divided into 100 fils. The exchange rate for the United Arab Emirates Dirham was last updated on Today from The International Monetary Fund. The AED conversion factor has 6 significant digits.

Economy

  • The United Arab Emirates is ranked second in the Corporation Council for the Arab States of the Gulf (CCASG).
  • Natural gas and petroleum exports play an important role in the economy.
  • The service sector is also an important source of income.
  • Construction forms a huge part of the economy; there is currently an average of $350 billion in construction projects.
  • The United Arab Emirates is part of the World Trade Organization.
  • Imports are machinery, manufactured goods, and transport equipment.
  • In 2009, 85% of exports were natural resources.
  • The United Arab Emirates has the fastest-growing economy in the world.

History

  • The original currency in the United Arab Emirates was the Bahraini Dinar.
  • Before 1966 the United Arab Emirates used the Gulf Rupee.
  • The United Arab Emirates dirham started circulating in December 1971. The dirham replaced the Dubai Riyal as well as the Qatar Riyal at par.
  • From 1973 to 1982 the United Arab Emirates issued the Dirham.
  • In 1976 the United Arab Emirates minted commemorative coins.
  • In the late 1980s a fixed rate was established between the Dirham and the USD.
  • 200-dirham denominations were produced only in 1989 and are scarce; however, the 200-dirham was re-introduced in May 2008 in a different color from the original.
  • In 1997 the Dirham was pegged to the US Dollar.

More information about AED - United Arab Emirates Dirham (د.إ)


BGN - Bulgarian Lev (лв)

The Bulgarian lev is the official currency of Bulgaria. The currency code for the Bulgarian lev is BGN and its symbol is лв. A popular nickname for the lev is ‘kint’. The lev is printed in denominations of 2, 5, 10, 20, 50 and 100. The plural of lev is ‘leva’. Since 2015, Bulgarians have replaced the 2-leva note with the 2-leva coin. Leva coins come in denominations of stotinka, with one stotinka equaling one-hundredth of a lev.

The currency for Bulgaria is the Bulgarian Lev (BGN). It is expect that Bulgaria will change their currency to the Euro in 2015. The Lev is pegged to the Euro at a rate of 1.95583 Leva = 1 Euro. Three Lev currency editions were introduced prior to the current Bulgarian Lev (BGN). The symbol for the Bulgarian Lev is лв.

The Bulgarian Lev is the currency in Bulgaria (BG, BGR). The Bulgarian Lev is also known as Levs. The symbol for BGN can be written Lv. The Bulgarian Lev is divided into 100 stotinki. The exchange rate for the Bulgarian Lev was last updated on May 24, 2019 from Yahoo Finance. The BGN conversion factor has 5 significant digits.

Economy

  • Bulgaria’s main income is industrial-based. The country is rated by the World Bank as a higher middle income country. Expectations are that Bulgaria will join the Eurozone in 2015.
  • In 2010 the GDP growth was 0.2%.
  • The main industries are base metals, water and gas, tobacco, electricity, refined petroleum, chemical products, food, and coke.
  • Export products are steel, iron, clothing, footwear, fuels, and machinery.  Import products are plastics, minerals, ores, equipment, machinery, and raw materials.
  • The unemployment rate is estimated at 3%.
  • Agriculture accounts for 7% of the GDP.

History

  • In 1881 the first edition of the Lev was introduced as the official currency for Bulgaria; it had the same value as the French Franc.
  • During 1940 the Lev was pegged to the German Reichsmark. 1 Reischmark = 32.75 Leva.
  • The Soviet Union occupied Bulgaria in 1944 and the Lev was pegged to the Russian Ruble at 1 Ruble = 15 Leva.
  • From 1945 to 1952 the Bulgarian lev was pegged to the US Dollar a number of times.
  • The second Lev was introduced in 1952 and was used until 1962.
  • In 1962 the third series of the Lev was introduced. It was subdivided into dominations of 1,000 and the new Lev was pegged to the German Markat par.
  • The Lev currently used in Bulgaria was introduced in 1995.

More information about BGN - Bulgarian Lev (лв)