Historic Australian dollar Arab Emirates Dirham

Australian dollar arab emirates dirham history for October 2023. The highest quote for this month is 2.3622 (01/10/2023) and the lowest 2.3674 (02/10/2023). The difference between high and low is -0.22.

AUD AED average rate for October 2023 is 2.33364, the change between 01/10/2023 and 31/10/2023 is +1.01 %.

01 October 20231 AUD = 2.363 AED
02 October 20231 AUD = 2.364 AED
03 October 20231 AUD = 2.336 AED
04 October 20231 AUD = 2.317 AED
05 October 20231 AUD = 2.324 AED
06 October 20231 AUD = 2.339 AED
07 October 20231 AUD = 2.345 AED
09 October 20231 AUD = 2.340 AED
10 October 20231 AUD = 2.358 AED
11 October 20231 AUD = 2.362 AED
12 October 20231 AUD = 2.357 AED
13 October 20231 AUD = 2.320 AED
16 October 20231 AUD = 2.319 AED
17 October 20231 AUD = 2.327 AED
18 October 20231 AUD = 2.337 AED
19 October 20231 AUD = 2.325 AED
20 October 20231 AUD = 2.323 AED
21 October 20231 AUD = 2.320 AED
22 October 20231 AUD = 2.321 AED
23 October 20231 AUD = 2.321 AED
24 October 20231 AUD = 2.327 AED
25 October 20231 AUD = 2.336 AED
26 October 20231 AUD = 2.312 AED
27 October 20231 AUD = 2.327 AED
28 October 20231 AUD = 2.327 AED
29 October 20231 AUD = 2.327 AED
30 October 20231 AUD = 2.328 AED
31 October 20231 AUD = 2.339 AED

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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