Pound Sterling to Emirati Dirham — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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