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This is a list of circulating fixed exchange rate currencies, ... Australian dollar: 1 United Arab Emirates dirham: U.S. dollar: 3.6725 Notes. Approximate.
On January 28, 1978, the dirham was officially pegged to the IMF's special drawing rights (SDRs). [11] In practice, it has been pegged to the U.S. dollar for most of the time. [12] Since November 1997, the dirham has been pegged to the US dollar at a rate of US$1 = Dhs 3.6725, [13] which translates to approximately Dh 1 = US$0.272294.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
However, excluding the pegged (fixed exchange rate) currencies, ... USD Cent: 100 Bosnia and ... Dirham: 1000 Liechtenstein: Swiss franc ...
The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
U.S. dollar (USD) $1 USD = 0.376 BD ... Abu Dhabi adopted the Bahraini dinar but changed to the dirham in 1973, with 1 dirham = 100 fils = 0.100 dinar. Exchange rate
[1] [7] The planned exchange rate to the United States dollar was approximately US$139. A number of analysts stated that the organization was motivated to produce such a currency for pan-Islamic propaganda purposes or for emphasizing the sovereign statehood of the so-called IS caliphate, or both. [8]
Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.