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In 1966, coins were introduced in the name of Qatar and Dubai for 1, 5, 10, 25, and 50 dirhams. In 1973, a new series of coins was introduced in the same sizes and compositions as the earlier pieces but in the name of Qatar only. Only 25 and 50 dirham coins are now circulated, although smaller coins remain legal tender. [citation needed]
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.
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.
The fils coins were the same size and composition as the corresponding Qatar and Dubai dirham coins. In 1995, the 5 fils, 10 fils, 50 fils, and 1 dirham coins were reduced in size, with the new 50 fils being curve-equilateral-heptagonal shaped. The value and numbers on the coins are written in Eastern Arabic numerals and the text is in Arabic ...
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British Overseas Territories using the pound, or a local currency pegged to the pound, as their currency: British Antarctic Territory (issues non-circulating collector coins for the British Antarctic Territory.) [36] British Indian Ocean Territory (de jure, U.S. dollar used de facto; also issues non-circulating collector coins for the British ...
World map; value; year of minting 1 dinar 19 1.15 4.25 Gold Reeded Inscription and issuer 7 ears of wheat; value; year of minting 10 dirhams: 38 2.4 20 Silver: Reeded Inscription and issuer Al-Aqsa Mosque of Jerusalem; value; year of minting 5 dirhams 26 1 10 Silver Reeded Inscription and issuer Umayyad Mosque of Damascus; value; year of minting
In 2009, new 50 dhs., 100 dhs., LD 1 ⁄ 4 and LD 1 ⁄ 2 coins were issued. 1 dh., 5 dhs., 10 dhs., and 20 dhs. coins are rarely used as units of exchange. However, they still retain their status as legal tender. In 2013 and 2014, the Central Bank of Libya issued LD 1 ⁄ 4 and LD 1 ⁄ 2 coins and 50 Dhs. and 100 Dhs. coins. [citation needed]