AED to FKP

AED - United Arab Emirates Dirham (د.إ.‏)
FKP - Falkland Islands Pound (£)
1 AED1 FKP

Currency conversion rates from AED to FKP

AEDFKP
1 AED1 FKP
5 AED5 FKP
10 AED10 FKP
20 AED20 FKP
50 AED50 FKP
100 AED100 FKP
250 AED250 FKP
500 AED500 FKP
1000 AED1000 FKP
2000 AED2000 FKP
5000 AED5000 FKP
10000 AED10000 FKP
FKPAED
1 FKP1 AED
5 FKP5 AED
10 FKP10 AED
20 FKP20 AED
50 FKP50 AED
100 FKP100 AED
250 FKP250 AED
500 FKP500 AED
1000 FKP1000 AED
2000 FKP2000 AED
5000 FKP5000 AED
10000 FKP10000 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)


FKP - Falkland Islands Pound (£)

Falkland Islands Pound

The official currency for the Falkland Islands is the Falkland Islands Pound (FKP). The island forms part of the British Territory and is located in the South Atlantic. It symbol is the same as the British Pound Sterling (£), so the symbol FK£ is used to distinguish it from other Pound currencies. The FKP is pegged to the Sterling at par.

The Falkland Islands pound is the currency in Falkland Islands (Malvinas, FK, FLK). The symbol for FKP can be written F. The Falkland Islands pound is divided into 100 pence. The exchange rate for the Falkland Islands pound was last updated on Today from The International Monetary Fund. The FKP conversion factor has 6 significant digits.

Economy

  • The Falkland Islands economy relied mainly on sheep farming from the 1870s to 1980.
  • 80% of the islands consists of farmlands.
  • After the 1980s the economy started to diversify and the tourism, commercial fishing, and agriculture sectors expanded.
  • There is no unemployment on the islands; in fact there is a labor shortage.
  • Main industries are wool productions, fishing, and tourism.
  • Export products are hides, meat, and squid.
  • Import products are clothing, drink and food, fuel, and building materials.
  • Currently the islands are a destination of choice for cruise ships and people seeking a holiday.
  • There is no central bank on the islands; the Standard Chartered Bank has a branch in Stanley.

History

  • In 1833, the British Pound was introduced to the Falkland Islands.
  • In 1989, Falkland Islands bank notes were issued and were circulated as the new Falkland Islands Pounds.
  • In 1971, the Falkland Islands Pound was divided into 100 pence.
  • In 1974, specific coins were minted for the Falkland Islands.
  • The Argentinian Peso circulated during the Argentinian occupation.

More information about FKP - Falkland Islands Pound (£)