Euro to Emirati Dirham — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: United Arab Emirates

Currency Code, Symbol: AED, د.إ

Denominations of coins in circulation: 5 fils, 10 fils, 25 fils, 50 fils, 1 dirham

Denominations of banknotes in circulation: 5, 10, 50, 100, 500 dirhams

History: The UAE dirham (د.إ) is the currency of the United Arab Emirates that was issued in 1973. The currency is not used in other countries.A short name AED is used according to the name of the country in Western Asia. DH or Dhs are other common unofficial names. One dirham could be changed for coins with smaller denomination – fils. The front side of fils has information on value in Arabic, and the back shows denomination in numbers. Interestingly, in 1976, the UAE government manufactured coins with portraits of famous leaders. Today, these coins are a collection’s item.Read More