AED to BYR

AED - United Arab Emirates Dirham (د.إ.‏)
BYR - Belarusian Ruble (p.)
1 AED1 BYR

Currency conversion rates from AED to BYR

AEDBYR
1 AED1 BYR
5 AED5 BYR
10 AED10 BYR
20 AED20 BYR
50 AED50 BYR
100 AED100 BYR
250 AED250 BYR
500 AED500 BYR
1000 AED1000 BYR
2000 AED2000 BYR
5000 AED5000 BYR
10000 AED10000 BYR
BYRAED
1 BYR1 AED
5 BYR5 AED
10 BYR10 AED
20 BYR20 AED
50 BYR50 AED
100 BYR100 AED
250 BYR250 AED
500 BYR500 AED
1000 BYR1000 AED
2000 BYR2000 AED
5000 BYR5000 AED
10000 BYR10000 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)


BYR - Belarusian Ruble (2000–2016) (p.)

Belarusian Ruble (2000–2016)

The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.

The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.

Economy

  • The Belarus economy shows a stable economic growth of 9%.
  • The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
  • Agriculture accounts for 11% of the total GDP.
  • Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
  • The economy is still dependent on Russia.
  • Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
  • 80% of the industry-based economy is controlled by the state.
  • The educational level in Belarus is high, and the country has a large agricultural base.
  • In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
  • Belarus is changing from a state-run economy to a free-market system.
  • The country imports oil and gas from Russia.

History

  • The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
  • In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
  • Only banknotes were issued in 2000.
  • In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
  • In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.

More information about BYR - Belarusian Ruble (2000–2016) (p.)