AED to MDL

AED - United Arab Emirates Dirham (د.إ.‏)
MDL - Moldovan Leu (L)
1 AED1 MDL

Currency conversion rates from AED to MDL

AEDMDL
1 AED1 MDL
5 AED5 MDL
10 AED10 MDL
20 AED20 MDL
50 AED50 MDL
100 AED100 MDL
250 AED250 MDL
500 AED500 MDL
1000 AED1000 MDL
2000 AED2000 MDL
5000 AED5000 MDL
10000 AED10000 MDL
MDLAED
1 MDL1 AED
5 MDL5 AED
10 MDL10 AED
20 MDL20 AED
50 MDL50 AED
100 MDL100 AED
250 MDL250 AED
500 MDL500 AED
1000 MDL1000 AED
2000 MDL2000 AED
5000 MDL5000 AED
10000 MDL10000 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)


MDL - Moldovan Leu (MDL)

Moldovan Leu

The Moldovan Leu is the official currency of Moldova. The Leu is subdivided into 100 bani. The name Leu is derived from Romanian and means lion. The Moldovan Leu was created after Moldova became independent from Romania. Previously, the Romanian Leu had been in circulation.

The Moldovan Leu is the currency in Moldova (Republic of Moldova, MD, MDA). The exchange rate for the Moldovan Leu was last updated on May 24, 2019 from Yahoo Finance. The MDL conversion factor has 4 significant digits.

Economy

  • Moldova has experienced economic crises and other challenges, but the government has remained solid and focused on gradual economic growth and development. GDP growth reached 2.1% in the year 2000, and an increased growth rate was achieved in 2001.
  • The Moldovan economy is negatively affected by elevated fuel prices, poor weather and agricultural conditions, and uncertainty of foreign investors about the country’s trading ability.

History

  • From 1918 to 1940 and from 1941 to 1944, Moldova was a part of Romania. The Romanian Leu was the country’s currency, including eastern Moldova.
  • The Moldovan Leu was introduced on November 29, 1993, after the breakdown of the Soviet Union. When Moldova became independent from Romania, the Moldovan Leu replaced the cupon currency at the rate of 1 Leu = 1,000 Cupon.
  • In Transnistria, a partially recognized state claimed by Moldova, the currency unit is the Transnistrian Ruble, not the Moldovan Leu.

More information about MDL - Moldovan Leu (MDL)