AED to BND

AED - United Arab Emirates Dirham (د.إ.‏)
BND - Brunei Dollar ($)
1 AED1 BND

Currency conversion rates from AED to BND

AEDBND
1 AED1 BND
5 AED5 BND
10 AED10 BND
20 AED20 BND
50 AED50 BND
100 AED100 BND
250 AED250 BND
500 AED500 BND
1000 AED1000 BND
2000 AED2000 BND
5000 AED5000 BND
10000 AED10000 BND
BNDAED
1 BND1 AED
5 BND5 AED
10 BND10 AED
20 BND20 AED
50 BND50 AED
100 BND100 AED
250 BND250 AED
500 BND500 AED
1000 BND1000 AED
2000 BND2000 AED
5000 BND5000 AED
10000 BND10000 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)


BND - Brunei Dollar (BND)

Brunei Dollar

The Sultanate of Brunei’s official currency is the Brunei Dollar (BND). The symbol used for the Dollar is $; to distinguish it from other Dollar currencies the symbol B$ is used. The Dollar is divided into 100 cent denominations. The Monetary Authority of Singapore manages the Brunei dollar as well as the Singapore dollar.

The Brunei Dollar is the currency in Brunei (BN, BRN). The Brunei Dollar is also known as the Brunei Darussalam Dollar, and penny. The symbol for BND can be written B$. The Brunei Dollar is divided into 100 sen (100 cents). The exchange rate for the Brunei Dollar was last updated on Today from The International Monetary Fund. The BND conversion factor has 6 significant digits.

Economy

  • Although Brunei is small it has a wealthy economy.
  • Inflation in Brunei is currently estimated at 1.2%.
  • Brunei is mainly industry-based and industry accounts for 74% of the total GDP.
  • Top industries in Brunei are petroleum refining, natural gas, construction, and petroleum.
  • Unemployment is estimated at 3.7%.
  • Brunei owns a cattle farm in Australia that is the main source of meat for Brunei.
  • Import products are mainly food-related; however, the country is looking to diversify the agriculture and fishing industries to provide more of their own food.

History

  • The Straights Dollar was used by Brunei in the early 20th century, as well as the British Borneo Dollar and the Malayan Dollar.
  • In 1967, Brunei started issuing its own currency. The British Borneo Dollar was replaced by the Brunei Dollar.
  • In 1972, the second edition of Dollar banknotes was issued.
  • Until 1973, the Brunei Dollar and Singapore Dollar were exchangeable with the Malaysian Ringgit. The Singapore Monetary Board still allows the exchange of these currencies.
  • In 1989, the post-independence banknote series was introduced.
  • From 1996 to 2000, both polymer and paper series were circulated.
  • In 2004, new polymer banknotes were launched.
  • In 2011, the polymer series was reintroduced: $1 blue, $5 green, and $10 red banknotes.

More information about BND - Brunei Dollar (BND)