AED to RUB

AED - United Arab Emirates Dirham (د.إ.‏)
RUB - Russian Ruble ()
1 AED1 RUB

Currency conversion rates from AED to RUB

AEDRUB
1 AED1 RUB
5 AED5 RUB
10 AED10 RUB
20 AED20 RUB
50 AED50 RUB
100 AED100 RUB
250 AED250 RUB
500 AED500 RUB
1000 AED1000 RUB
2000 AED2000 RUB
5000 AED5000 RUB
10000 AED10000 RUB
RUBAED
1 RUB1 AED
5 RUB5 AED
10 RUB10 AED
20 RUB20 AED
50 RUB50 AED
100 RUB100 AED
250 RUB250 AED
500 RUB500 AED
1000 RUB1000 AED
2000 RUB2000 AED
5000 RUB5000 AED
10000 RUB10000 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)


RUB - Russian Ruble (руб)

The Russian rouble (or ‘rouble’) is the official currency of Russia. Its currency code is RUB and its symbol is ₽. You’ll see it written in Russian as рубль or ‘rubl’ and its plural as рубли́ or ‘rubli’). The rouble is fiat money, and was the world’s first decimal currency. Its currency conversion factor has 6 digits.

The Russian Ruble (or Rouble) is the official currency of the Russian Federation, as well as South Ossetia and Abkhazia. The ruble is subdivided into 100 kopeks (or kopecks, copecks). There is currently no official symbol for the Ruble, though the abbreviation руб. is widely in use, and the country is considering several other possibilities.

The Russian Ruble is the currency in Russian Federation (RU, RUS, Russia). The Russian Ruble is also known as the Russian Rouble. The symbol for RUB can be written R. The Russian Ruble is divided into 100 kopecks. The exchange rate for the Russian Ruble was last updated on Today from The International Monetary Fund. The RUB conversion factor has 6 significant digits.

Economy

  • The Russian Federation is one of the world’s largest market economies. By nominal GDP, Russia is ranked as the 10th largest economy in the world (6th largest by Purchasing Power Parity).
  • Political stability and increased domestic consumption have driven significant growth since the early 2000s. The average salary increased from $80/month in 2000 to ~$640/month in 2008. Roughly 14% of Russians lived in poverty in 2010 vs. nearly 40% in 1999.
  • Oil, natural gasoline, timber, and precious metals represent ~80% of exported goods. Agricultural products is also a major export &mdash Russia is the third largest grain exporter globally, behind only the United States and European Union.

History

  • The Ruble has been the official currency of Russia for nearly 500 years. The kopek was first introduced in 1710, with a value of 1/100th of a Ruble.
  • In December, 1885, the Russian Ruble was revalued to a gold standard, pegged to the French Franc at 1 Ruble = 4 Francs. This value was revised in 1897 to 1 Ruble = 2 2/3 Francs.
  • During World War I, the gold standard was dropped leading to devaluation of the Ruble and hyperinflation.
  • The “second Ruble” was introduced on January 1, 1922, followed by the “third Ruble” in January 1923.
  • The “fourth Ruble” (or “Gold Ruble”) was issued in March, 1924.
  • Following World War II, the “fifth Ruble” was introduced in 1947, in order to revalue the currency and reduce the amount of paper tender in circulation.
  • The introduction of the “sixth Ruble” occurred in 1967, under a similar process to the “fifth Ruble” issue.
  • The “sixth Ruble” remained the official currency of Russia during the transition from the Soviet Union to the modern Russian Federation, though new notes were issued in 1993 to reflect the change.
  • The “seventh Ruble” was issued on January 1, 1998, essentially devaluing the Russian Ruble at a rate of 1 new Ruble = 1,000 old Rubles.

More information about RUB - Russian Ruble (руб)