AED to MXN
Currency conversion rates from AED to MXN
|1 AED||1 MXN|
|5 AED||5 MXN|
|10 AED||10 MXN|
|20 AED||20 MXN|
|50 AED||50 MXN|
|100 AED||100 MXN|
|250 AED||250 MXN|
|500 AED||500 MXN|
|1000 AED||1000 MXN|
|2000 AED||2000 MXN|
|5000 AED||5000 MXN|
|10000 AED||10000 MXN|
|1 MXN||1 AED|
|5 MXN||5 AED|
|10 MXN||10 AED|
|20 MXN||20 AED|
|50 MXN||50 AED|
|100 MXN||100 AED|
|250 MXN||250 AED|
|500 MXN||500 AED|
|1000 MXN||1000 AED|
|2000 MXN||2000 AED|
|5000 MXN||5000 AED|
|10000 MXN||10000 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.
- 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 $350 billion in construction projects.
- The United Arab Emirates is part of the World Trade Organization.
- Imports are machinery, manufactured goods, and transport equipment.
- In 2009, 85% of exports were natural resources.
- The United Arab Emirates has the fastest-growing economy in the world.
- The original currency in the United Arab Emirates was the Bahraini Dinar.
- Before 1966 the United Arab Emirates used the Gulf Rupee.
- The United Arab Emirates dirham started circulating in December 1971. The dirham replaced the Dubai Riyal as well as the Qatar Riyal at par.
- From 1973 to 1982 the United Arab Emirates issued the Dirham.
- In 1976 the United Arab Emirates minted commemorative coins.
- In the late 1980s a fixed rate was established between the Dirham and the USD.
- 200-dirham denominations were produced only in 1989 and are scarce; however, the 200-dirham was re-introduced in May 2008 in a different color from the original.
- In 1997 the Dirham was pegged to the US Dollar.
MXN - Mexican Peso (Mex$)
The Mexican peso is the currency of Mexico. Its currency code is MXN and its symbol is $. To distinguish it from other currencies using the $ symbol, the peso is sometimes written as M$, MX$, or MEX$. The symbol MXN replaced the former symbol, MXP. The peso has a conversion factor of 6 significant digits, and is fiat currency. The most popular peso exchange is with the US dollar.
The Mexican Peso was initially based on Spain’s official currency, which is the silver dollar. The Mexican name originated from the 8-real coins that were issued by Spain for Mexico, which were cast from pure silver. It was the first currency to use a discrete border and accurate weight to guard against counterfeits, which made it very popular.
The Mexican Peso is the currency in Mexico (MX, MEX). The symbol for MXN can be written Mex$. The Mexican Peso is divided into 100 centavos. The exchange rate for the Mexican Peso was last updated on Today from The International Monetary Fund. The MXN conversion factor has 6 significant digits.
- The Mexican economy is supported by the private sector. And its economy was based on manufacturing, though agricultural sector went down, it was still considered the source of employment.
- The Mexican economy went from a deep transformation since 1980s, which is a result of economic laissez-faire and becoming a member of the North American Free-Trade Agreement.
- In 2003, mining reached a GDP of 1.4%, yet it devalues the significance of oil production in the economy. Oil exports symbolized 11.3% of the entire export earning of the country.
- In the late 18th century, the Mexican Peso was used as a benchmark for all North American countries. On July 6, 1785, the US Dollar was valued at a rate comparable to the Peso, and was widely used as currency in the United States well after USD bills were introduced.
- After gaining independence from Spain in 1821, Mexico continued to use the Peso as its currency.
- In 1863, the first centavo coins were issued; a centavo was one-hundredth of a Peso. Another series of 1 peso coins was issued the following year until 1897.
- In 1905, the value of golden Peso was reduced to 49.3%, but the silver Peso remained unchanged.
- After the Oil Crisis of the 1970s, Mexico faced many years of inflation and debt defaults, leading to the replacement of the currency with the Nuevo Peso. The Nuevo Peso was valued at 1000 Mexican Pesos.