AED to SCR

AED - United Arab Emirates Dirham (د.إ.‏)
SCR - Seychellois Rupee (SR)
1 AED1 SCR

Currency conversion rates from AED to SCR

AEDSCR
1 AED1 SCR
5 AED5 SCR
10 AED10 SCR
20 AED20 SCR
50 AED50 SCR
100 AED100 SCR
250 AED250 SCR
500 AED500 SCR
1000 AED1000 SCR
2000 AED2000 SCR
5000 AED5000 SCR
10000 AED10000 SCR
SCRAED
1 SCR1 AED
5 SCR5 AED
10 SCR10 AED
20 SCR20 AED
50 SCR50 AED
100 SCR100 AED
250 SCR250 AED
500 SCR500 AED
1000 SCR1000 AED
2000 SCR2000 AED
5000 SCR5000 AED
10000 SCR10000 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)


SCR - Seychellois Rupee ()

Seychellois Rupee

The Rupee is the official currency of Seychelles. Within the native Creole Seychellois (Seselwa) dialect, it's known the roupi. The Rupee uses the symbols SR, SCR, and SRe.

The Seychelles Rupee is the currency in Seychelles (SC, SYC). The symbol for SCR can be written SR. The Seychelles Rupee is divided into 100 cents. The exchange rate for the Seychelles Rupee was last updated on May 24, 2019 from Yahoo Finance. The SCR conversion factor has 4 significant digits.

Economy

  • The primary industry in Seychelles is tourism, employing ~30% of the workforce on the island. Tourism has seen dramatic growth in the past few decades, baed on the opening of the Seychelles International Airport in 1971, and several government programs aimed at growing the sector.
  • Agricultural products have declined from ~33% of employment in the 1960s, to roughly 3% today. Primary agricultural products are sweet potatoes, vanilla, coconuts, and cinnamon.
  • Chief exports of the country are fish, copra, cinnamon, and vanilla.

History

  • The Seychelles Rupee was introduced in 1914, circulating alongside the Mauritian rupee, which had previously replaced the British Pound.
  • The 1914 issuing of the Rupee came only in the form of banknotes for 50 cents, 1, 5, and 10 Rupees.
  • Coins were first introduced in 1939, at values of 10 and 25 cents, ½ and 1 Rupee.
  • Upon independence in 1976, the Seychelles Monetary Authority took control of paper currency and issued new 10, 25, 50, and 100 rupee notes.
  • Until 2008, the value of the Seychelles Rupee was tied to a basket made up of 59% Euros, 31% British Pounds, and 10% US Dollar. The Rupee was freely floated on November 2, 2008, and lost 43% of its value in the first day of trading.

More information about SCR - Seychellois Rupee ()