Historic Hong Kong dollar Arab Emirates Dirham

Hong Kong dollar arab emirates dirham history for December 2023. The highest quote for this month is 0.47069 (19/12/2023) and the lowest 0.47112 (19/12/2023). The difference between high and low is -0.09.

HKD AED average rate for December 2023 is 0.4702, the change between 01/12/2023 and 31/12/2023 is -0.04 %.

01 December 20231 HKD = 0.4701 AED
02 December 20231 HKD = 0.4699 AED
03 December 20231 HKD = 0.4701 AED
04 December 20231 HKD = 0.4698 AED
05 December 20231 HKD = 0.4698 AED
06 December 20231 HKD = 0.4695 AED
07 December 20231 HKD = 0.4701 AED
08 December 20231 HKD = 0.4700 AED
10 December 20231 HKD = 0.4703 AED
11 December 20231 HKD = 0.4702 AED
12 December 20231 HKD = 0.4703 AED
13 December 20231 HKD = 0.4701 AED
14 December 20231 HKD = 0.4700 AED
15 December 20231 HKD = 0.4703 AED
16 December 20231 HKD = 0.4706 AED
17 December 20231 HKD = 0.4706 AED
18 December 20231 HKD = 0.4707 AED
19 December 20231 HKD = 0.4710 AED
20 December 20231 HKD = 0.4708 AED
21 December 20231 HKD = 0.4703 AED
22 December 20231 HKD = 0.4702 AED
23 December 20231 HKD = 0.4701 AED
24 December 20231 HKD = 0.4700 AED
25 December 20231 HKD = 0.4701 AED
26 December 20231 HKD = 0.4701 AED
27 December 20231 HKD = 0.4704 AED
28 December 20231 HKD = 0.4702 AED
29 December 20231 HKD = 0.4701 AED
31 December 20231 HKD = 0.4703 AED

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.

01/01/2007: Security Enhancements

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/12/2002: Introduction of Modern Coinage

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

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.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

02/12/1971: Formation of UAE

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.