CHF to AED

CHF - Swiss Franc (CHF)
AED - United Arab Emirates Dirham (د.إ.‏)
1 CHF1 AED

Currency conversion rates from CHF to AED

CHFAED
1 CHF1 AED
5 CHF5 AED
10 CHF10 AED
20 CHF20 AED
50 CHF50 AED
100 CHF100 AED
250 CHF250 AED
500 CHF500 AED
1000 CHF1000 AED
2000 CHF2000 AED
5000 CHF5000 AED
10000 CHF10000 AED
AEDCHF
1 AED1 CHF
5 AED5 CHF
10 AED10 CHF
20 AED20 CHF
50 AED50 CHF
100 AED100 CHF
250 AED250 CHF
500 AED500 CHF
1000 AED1000 CHF
2000 AED2000 CHF
5000 AED5000 CHF
10000 AED10000 CHF

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)


CHF - Swiss Franc (SFr.)

The Swiss franc is the currency of Switzerland. The most popular Swiss franc exchange is with the euro. The franc is represented by the sign ‘Fr’ or ‘SFr’ or ‘FS’, and its currency code is CHF. The Swiss franc is fiat currency, and its conversion factor has 6 significant digits. The Swiss franc is called franken in German, the franc in French and Romansh, and the franco in Italian.

The official currency of Switzerland is the Swiss Franc (CHF). The Swiss Franc is the only Franc still issued in the European countries. The Franc is subdivided into 100 centimes. The symbol used for the Franc is Fr. Banknotes are issued by the Swiss National Bank and coins are issued by the Swiss Mint.

The Swiss Franc is the currency in Switzerland (CH, CHE), and Liechtenstein (LI, LIE). The symbol for CHF can be written SwF, and SFr. The Swiss Franc is divided into 100 rappen (centimes). The exchange rate for the Swiss Franc was last updated on Today from The International Monetary Fund. The CHF conversion factor has 6 significant digits.

Economy

  • Switzerland’s economy is seen as a safe haven and is rated as the safest economy in the world.
  • The economy is dependent on foreign investments.
  • The unemployment rate is estimated at 3%.
  • The main industries are watches, chemicals, textiles, machinery, and precision instruments.
  • Export products are agricultural products, metals, chemicals, watches, and machinery.
  • Import products are vehicles, metals, textiles, machinery, and agricultural products.
  • Switzerland’s tourism infrastructure is highly developed.
  • Approximately 28% of all offshore funds are banked in Switzerland.
  • The country is neutral and is not part of the European Union.

History

  • In 1848, Switzerland declared that the Federal Government of Switzerland will be the official issuer of the Swiss Franc.
  • In 1850, the first Swiss Franc was introduced; it was on par with the French Franc.
  • In 1865, Switzerland became part of the Latin Monetary Union, which consisted of France, Italy, Switzerland, and Belgium.
  • Switzerland decided to become part of the Brent Wood System in 1945. The Franc was pegged to the US Dollar at 4.375 Francs = 1 USD.
  • From 2003 to 2006, the Swiss Franc was stable against the Euro.
  • In 2008, the Swiss Franc was valued higher than the USD.
  • In 2010, the 9th series of Francs was introduced.
  • In 2011, the European Union stated that the “Franc is a threat to the economy” and this caused the Franc to plunge.

More information about CHF - Swiss Franc (SFr.)