AED to XPF

AED - United Arab Emirates Dirham (د.إ.‏)
XPF - CFP Franc (FCFP)
1 AED1 XPF

Currency conversion rates from AED to XPF

AEDXPF
1 AED1 XPF
5 AED5 XPF
10 AED10 XPF
20 AED20 XPF
50 AED50 XPF
100 AED100 XPF
250 AED250 XPF
500 AED500 XPF
1000 AED1000 XPF
2000 AED2000 XPF
5000 AED5000 XPF
10000 AED10000 XPF
XPFAED
1 XPF1 AED
5 XPF5 AED
10 XPF10 AED
20 XPF20 AED
50 XPF50 AED
100 XPF100 AED
250 XPF250 AED
500 XPF500 AED
1000 XPF1000 AED
2000 XPF2000 AED
5000 XPF5000 AED
10000 XPF10000 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)


XPF - CFP Franc (XPF)

CFP Franc

The Central Pacific Franc (CFP) is used by the French overseas collectives: French Polynesia, Wallis and Futuna, and New Caledonia. The currency was later changed to the Pacific Financial Community and is now known as the French Pacific Banking agreement. The currency code is XPF. The currency symbol for the Central Pacific Franc is F. The highest denomination is the 10,000 franc note = 83.8 Euro.

The French Pacific Franc is the currency in French Polynesia (PF, PYF, Tahiti). The French Pacific Franc is also known as CFP franc, and Comptoirs Francais du Pacifique Franc. The symbol for XPF can be written CFPF. The exchange rate for the French Pacific Franc was last updated on Today from The International Monetary Fund. The XPF conversion factor has 6 significant digits.

Economy

  • New Caledonia has one of the largest economies in the South Pacific. GDP Per capita was 3.1 million CFP Francs (~26,000EUR) in 2009 — larger than New Zealand. Construction makes up 12% of the GDP.
  • New Caledonia produces nearly 25% of the world’s nickel supply. Since much of the region is not suitable for agriculture, nearly 20% of New Caledonia’s imports are food products.
  • French Polynesia’s GDP was ~US$5.7 billion, the fifth largest economy in the Asia Pacific region. Tourism and financial aid from France makes up much of the GDP.
  • French Polynesia’s primary source of exports is black Tahitian pearls, which accounted for 55% of exports in 2008.
  • Wallis and Futuna is one of the smaller economies in the region, with GDP per capita of US$12,640 in 2005. The population is heavily dependent on subsistence agriculture, with nearly 80% of residents working on farms, ranches, and in fisheries.
  • Wallis & Futuna has a large trade imbalance with no exports in 2007 and only US$122,000 in 2006.
  • Financial support from France makes up a large proportion of the GDP for the countries using the CFP Franc.

History

  • The US Dollar was often used in French Polynesia and called the Tara.
  • The first Central Pacific Franc was introduced in 1945. In the same year the Central Pacific franc was pegged to the USD.
  • At the end of September, 1949 the Central Pacific Franc was pegged to the French Franc.
  • From 1949 to 1985, the Central Pacific Franc was used in three distinct forms for New Hebrides, French Polynesia, and New Hebrides.
  • In 1969, New Hebrides separated their Franc from the Central Pacific franc.
  • In 1982, the Vanuatu Vatu became the new currency for the Hebrides.
  • From 1999 onwards, a fixed exchange rate exists between the Franc and the Euro — 8.38 Euro = 1,000 XPF (the later abbreviation for the Central Pacific Franc).
  • Central Pacific Franc coins are still used in Wallis and Futuna, as well as French Polynesia. The coins are similar to Euro coins and can be used in all the countries that are part of the Eurozone.

More information about XPF - CFP Franc (XPF)