AED to STD

AED - United Arab Emirates Dirham (د.إ.‏)
STD - São Tomé and Príncipe dobra (Db)
1 AED1 STD

Currency conversion rates from AED to STD

AEDSTD
1 AED1 STD
5 AED5 STD
10 AED10 STD
20 AED20 STD
50 AED50 STD
100 AED100 STD
250 AED250 STD
500 AED500 STD
1000 AED1000 STD
2000 AED2000 STD
5000 AED5000 STD
10000 AED10000 STD
STDAED
1 STD1 AED
5 STD5 AED
10 STD10 AED
20 STD20 AED
50 STD50 AED
100 STD100 AED
250 STD250 AED
500 STD500 AED
1000 STD1000 AED
2000 STD2000 AED
5000 STD5000 AED
10000 STD10000 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)


STD - São Tomé & Príncipe Dobra (1977–2017) (STD)

São Tomé & Príncipe Dobra (1977–2017)

Sao Tome and Principe are two small Portuguese-speaking islands approximately 140 kilometers apart in the Gulf of Guinea. The Dobra is the official currency of the islands and is represented by the symbol Db. The Dobra was pegged to the Euro in 2010 at a stable rate of 1 Euro = 24,500 STD.

The Sao Tome Dobra is the currency in Sao Tome and Principe (ST, STP). The symbol for STD can be written Db. The Sao Tome Dobra is divided into 100 centimos. The exchange rate for the Sao Tome Dobra was last updated on May 24, 2019 from Yahoo Finance. The STD conversion factor has 5 significant digits.

Economy

  • Economic development in Sao Tome and Principe has been adversely affected by factors such as government decisions and natural disasters, as well as lack of resources.
  • Cocoa has been the main contributor to economic development in Sao Tome and Principe for the past 34 years. However, this has been affected by disasters such as drought. Bananas, fish, cinnamon, beans, and poultry also contribute to agricultural production, but it does not meet the needs of the consumers.
  • Modern economic development has been geared towards developing the large amount of oil said to be present in the Gulf of Guinea.
  • The majority of manufactured goods are imported.
  • The authorities have tried to decrease price controls and grants, but monetary development has remained inactive.

History

  • The Escudo was replaced by the Dobra at a rate of 1:1.
  • In 1996, banknotes were issued in denominations of 5,000, 10,000, 20,000 and 50,000 dobras.
  • In 1997, coins were issued in denominations of 50 cêntimos, 1, 2, 5, 10 and 20 dobras.
  • In 1997, banknotes were issued in denominations of 50, 100, and 1,000 dobra.
  • In 2008, 10,000 dobra banknotes were issued.
  • In 2010, the Dobra was officially pegged to the Euro at a stable rate of 1 Euro = 24,500 STD.

More information about STD - São Tomé & Príncipe Dobra (1977–2017) (STD)