AED to BRL

AED - United Arab Emirates Dirham (د.إ.‏)
BRL - Brazilian Real (R$)
1 AED1 BRL

Currency conversion rates from AED to BRL

AEDBRL
1 AED1 BRL
5 AED5 BRL
10 AED10 BRL
20 AED20 BRL
50 AED50 BRL
100 AED100 BRL
250 AED250 BRL
500 AED500 BRL
1000 AED1000 BRL
2000 AED2000 BRL
5000 AED5000 BRL
10000 AED10000 BRL
BRLAED
1 BRL1 AED
5 BRL5 AED
10 BRL10 AED
20 BRL20 AED
50 BRL50 AED
100 BRL100 AED
250 BRL250 AED
500 BRL500 AED
1000 BRL1000 AED
2000 BRL2000 AED
5000 BRL5000 AED
10000 BRL10000 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)


BRL - Brazilian Real (R$)

The Brazilian real is the official currency of Brazil. It was introduced to fight high inflation; it replaced the cruzeiro on July 1, 1994. The Brazilian real’s currency code is BRL, and its symbol is R$. Its plural is “reais”.

The Brazilian Real (BRL) is the official currency of Brazil. It is divided into 100 centavos. The symbol for the Brazilian Real is R$. Brazil uses the period to separate thousands and the comma to separate decimals. In 1994, the new Real was introduced.

The Brazilian Real is the currency in Brazil (BR, BRA). The Brazilian Real is also known as Reals. The symbol for BRL can be written R$. The Brazilian Real is divided into 100 centavos. The exchange rate for the Brazilian Real was last updated on Today from The International Monetary Fund. The BRL conversion factor has 6 significant digits.

Economy

  • Brazil has a free-market economy.
  • The GDP growth is 5% and is Brazil is rated as a fast-growing economy.
  • Predictions are that Brazil’s economy will be the 5th largest in the world.
  • Unemployment is estimated at 6%.
  • The main industries are coal, airplanes, consumer products, textiles, ore, iron, steel, cement, fertilizers, toys, electronics, and armaments.
  • Export products are footwear, coffee, paper, steel, machinery, transport equipment, automotive parts, and machinery.
  • Import products are chemical products, electronics, machinery, oil, and transport equipment.

History

  • The new modernized Real was introduced in 1994 to stabilize the Brazilian economy. At that stage the exchange rate was 1 Real = 1 USD.
  • The first series of Real coins was launched in 1994 and they were used until 1997.
  • From 1996 to 1998, the Central Bank of Brazil controlled the exchange rate.
  • The second series of real coins were introduced in 1998 and are still being used.
  • In 1999, the new President of the Central Bank decided to release the control over the exchange rate and the real suffered a massive devaluation to 2 Real = 1 USD.
  • In 2002, the real reached its lowest exchange rate against the USD (4 Real = 1 USD).
  • Since 2002, the real has been fluctuating; only in 2007 was it rated higher than the USD, reaching 0.5 Real = 1 USD.
  • In 2004, new polymer banknotes were launched.

More information about BRL - Brazilian Real (R$)