AED to BTN

AED - United Arab Emirates Dirham (د.إ.‏)
BTN - Bhutanese Ngultrum (Nu.)
1 AED1 BTN

Currency conversion rates from AED to BTN

AEDBTN
1 AED1 BTN
5 AED5 BTN
10 AED10 BTN
20 AED20 BTN
50 AED50 BTN
100 AED100 BTN
250 AED250 BTN
500 AED500 BTN
1000 AED1000 BTN
2000 AED2000 BTN
5000 AED5000 BTN
10000 AED10000 BTN
BTNAED
1 BTN1 AED
5 BTN5 AED
10 BTN10 AED
20 BTN20 AED
50 BTN50 AED
100 BTN100 AED
250 BTN250 AED
500 BTN500 AED
1000 BTN1000 AED
2000 BTN2000 AED
5000 BTN5000 AED
10000 BTN10000 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)


BTN - Bhutanese Ngultrum (BTN)

Bhutanese Ngultrum

The official currency of Bhutan is the Bhutan Ngultrum (BTN). The symbol for the Ngultrum is Nu. The currency is divided into 100 chhertum. The Ngultrum is pegged to the Indian Rupee at par. The only currency with which the Bhutan Ngultrum can be exchanged is the Indian Rupee.

The Bhutanese Ngultrum is the currency in Bhutan (BT, BTN). The symbol for BTN can be written Nu. The Bhutanese Ngultrum is divided into 100 chetrum. The exchange rate for the Bhutanese Ngultrum was last updated on May 24, 2019 from Yahoo Finance. The BTN conversion factor has 5 significant digits.

Economy

  • Bhutan has a small economy and the country is underdeveloped.
  • The country is dependant on assistance from India.
  • The main industries are tourism, wood products, cement, processed food, alcohol, fruits, and calcium carbide.
  • The unemployment rate is estimated at 3%.
  • Export products are cardamom, handicrafts, fruits, precious stones, gypsum, and special spices.
  • Bhutan exports electricity to India.
  • The growth rate for the industrial portion of the economy averages 9%.
  • Import products are machinery, lubricants, rice, and fabrics.
  • Bhutan was the first country to ban smoking and tobacco.
  • Agricultural products are corn, rice, eggs, dairy products, citrus, root crops, and food grains.
  • The economy market is mainly export.
  • Production growth is currently 9.3%.
  • The main indstries for Bhutan to develop are hydro-electric power and tourism.

History

  • In 1974, the Ngultrum was introduced as the official currency of Buthan. Only 1, 5, 10 Buthan Ngultrum banknotes were issued.
  • In 1978, 100, 50, 20, and 2 Bhutan Ngultrum banknotes were introduced.
  • During the 1960s the Bhutan government focused on developing the economy.
  • Bhutan started to print its own banknotes in 1985.
  • The latest series of banknotes were introduced in 2006 by the Monetary Authorities in denominations of 1,000, 500, 100, 50, 20, 10, 5, and 1 Ngultrum.

More information about BTN - Bhutanese Ngultrum (BTN)