AED to SYP

AED - United Arab Emirates Dirham (د.إ.‏)
SYP - Syrian Pound (ل.س.‏)
1 AED1 SYP

Currency conversion rates from AED to SYP

AEDSYP
1 AED1 SYP
5 AED5 SYP
10 AED10 SYP
20 AED20 SYP
50 AED50 SYP
100 AED100 SYP
250 AED250 SYP
500 AED500 SYP
1000 AED1000 SYP
2000 AED2000 SYP
5000 AED5000 SYP
10000 AED10000 SYP
SYPAED
1 SYP1 AED
5 SYP5 AED
10 SYP10 AED
20 SYP20 AED
50 SYP50 AED
100 SYP100 AED
250 SYP250 AED
500 SYP500 AED
1000 SYP1000 AED
2000 SYP2000 AED
5000 SYP5000 AED
10000 SYP10000 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)


SYP - Syrian Pound (£)

Syrian Pound

The Syrian Pound is the official currency of Syria and is issued by the Central Bank of Syria. The Pound is categorized into 100 qirsh, although qirsh coins are no longer issued.

The Syrian Pound is the currency in Syria (Syrian Arab Republic, SY, SYR). The Syrian Pound is also known as the Syrian Lira, Livre, and Livres Syrien. The symbol for SYP can be written S, S, SP, and LS. The Syrian Pound is divided into 100 piasters. The exchange rate for the Syrian Pound was last updated on May 24, 2019 from Yahoo Finance. The SYP conversion factor has 5 significant digits.

Economy

  • Syria has gradually become a major player in the world economy and is a leader among middle-eastern countries. Syria is considered a middle-income nation and has a very varied and stable economy.
  • The main industries are agriculture, energy, and commerce. Although the government and major business owners are well off, the majority of Syrians struggle to earn a decent living.
  • Commerce has long been essential to the economy of Syria because of the country’s placement along major trade routes. Syrian businesses rely on a wide variety of industries — from weaving and fruit packing to heavy civil construction.
  • The majority of the country’s imports are raw materials that are used for agriculture and commerce.
  • Crude and refined oil is by far the largest export, but other products such as cotton, fruits, grains, and clothing are also essential exports.

History

  • During the approximately 400 years that Syria was part of the Ottoman Empire, the currency was the Turkish Lira.
  • After the Ottoman Empire was dismantled, Syria was put under a compulsory French occupation, and the Egyptian Pound was used in all the territories under French and British mandates, including Lebanon, Transjordan, and Palestine.
  • In 1947, the US Dollar was adopted as the peg for the Syrian currency, with 2.19148 Pounds = 1 USD, a rate which was maintained until 1961.

More information about SYP - Syrian Pound (£)