AED to TTD

AED - United Arab Emirates Dirham (د.إ.‏)
TTD - Trinidad & Tobago Dollar ($)
1 AED1 TTD

Currency conversion rates from AED to TTD

AEDTTD
1 AED1 TTD
5 AED5 TTD
10 AED10 TTD
20 AED20 TTD
50 AED50 TTD
100 AED100 TTD
250 AED250 TTD
500 AED500 TTD
1000 AED1000 TTD
2000 AED2000 TTD
5000 AED5000 TTD
10000 AED10000 TTD
TTDAED
1 TTD1 AED
5 TTD5 AED
10 TTD10 AED
20 TTD20 AED
50 TTD50 AED
100 TTD100 AED
250 TTD250 AED
500 TTD500 AED
1000 TTD1000 AED
2000 TTD2000 AED
5000 TTD5000 AED
10000 TTD10000 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)


TTD - Trinidad & Tobago Dollar (TTD)

Trinidad & Tobago Dollar

The Trinidad/Tobago Dollar is the official currency of Trinidad and Tobago. It is indicated by a Dollar sign, or TT$ to distinguish it from other Dollar currencies. It is subdivided into 100 cents. Its predecessor currencies are the Trinidadian Dollar and the Tobagon Dollar.

The Trinidad and Tobago Dollar is the currency in Trinidad and Tobago (TT, TTO). The symbol for TTD can be written TT$. The Trinidad and Tobago Dollar is divided into 100 cents. The exchange rate for the Trinidad and Tobago Dollar was last updated on Today from The International Monetary Fund. The TTD conversion factor has 6 significant digits.

Economy

  • Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in the Caribbean.
  • Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning.
  • Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources, but it also supplies manufactured goods, notably food and beverages, as well as cement, to the Caribbean region.
  • Oil and gas account for about 40% of the GDP and 80% of exports, but only 5% of employment.
  • The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands.
  • The economy benefits from a growing trade surplus.

History

  • The history of currency in the British colony of Trinidad and Tobago closely follows that of the British Eastern Caribbean territories.
  • Even though Queen Anne’s proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to be a major portion of the circulating currency into the latter half of the 19th century.
  • Britain adopted the gold standard in 1821 and an imperial order-in-council of 1838 resulted in Trinidad and Tobago formally adopting the British Pound currency.
  • In 1949, the British West Indies Dollar was introduced into the region, and replaced the British Pound in Trinidad and Tobago.
  • Trinidad and Tobago banknotes were first issued in 1964, replacing the British West Indies Dollar at par.

More information about TTD - Trinidad & Tobago Dollar (TTD)