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Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
Dirham (درهم) Moroccan dirham – Morocco; United Arab Emirates dirham – United Arab Emirates; Dobra – São Tomé and Príncipe; Dollar. Antigua dollar – Antigua; Australian dollar – Australia, Kiribati, Nauru and Tuvalu; Bahamian dollar – Bahamas; Barbadian dollar – Barbados; Belize dollar – Belize; Bermudian dollar – Bermuda
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 ...
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.
UAE dirham [8] AED United Arab Emirates: AED [9] Moroccan dirham: MAD Morocco: DH Djiboutian franc: DJF Djibouti: Fdj Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [10] LBP Lebanon £L and ل.ل [10] [11] Sudanese pound: SDG Sudan: SDG or ج.س Syrian pound [12] SYP Syria £S [13] Omani rial [14] OMR Oman: ر.ع [15] Qatari ...
Spanish dollars and U.S. dollars were also in use, and from 1841 to 1858, the exchange rate was fixed at $4 = £1 (or 400¢ = 240d). This made 25¢ equal to 15d, or 30 halfpence (trente sous). After decimalization and the withdrawal of halfpenny coins, the nickname sou began to be used for the 1¢ coin, but the idiom trente sous for 25¢ endured.
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.
The exchange rate of the Moroccan dirham is determined within a band of fluctuation of ± 5 percent compared to a central rate established by the central bank of Morocco on the basis of a currency basket composed of the euro and United States dollar by up to 60% and 40% respectively. [2] [3]