Historic Hong Kong dollar Arab Emirates Dirham

Hong Kong dollar arab emirates dirham history for February 2024. The highest quote for this month is 0.46967 (03/02/2024) and the lowest 0.46981 (01/02/2024). The difference between high and low is -0.03.

HKD AED average rate for February 2024 is 0.46952, the change between 01/02/2024 and 29/02/2024 is +0.13 %.

01 February 20241 HKD = 0.4697 AED
02 February 20241 HKD = 0.4696 AED
03 February 20241 HKD = 0.4697 AED
04 February 20241 HKD = 0.4696 AED
05 February 20241 HKD = 0.4695 AED
06 February 20241 HKD = 0.4695 AED
07 February 20241 HKD = 0.4694 AED
08 February 20241 HKD = 0.4696 AED
09 February 20241 HKD = 0.4695 AED
11 February 20241 HKD = 0.4696 AED
12 February 20241 HKD = 0.4697 AED
13 February 20241 HKD = 0.4697 AED
14 February 20241 HKD = 0.4696 AED
15 February 20241 HKD = 0.4697 AED
16 February 20241 HKD = 0.4696 AED
17 February 20241 HKD = 0.4695 AED
18 February 20241 HKD = 0.4696 AED
19 February 20241 HKD = 0.4696 AED
20 February 20241 HKD = 0.4695 AED
21 February 20241 HKD = 0.4696 AED
22 February 20241 HKD = 0.4695 AED
23 February 20241 HKD = 0.4695 AED
24 February 20241 HKD = 0.4695 AED
25 February 20241 HKD = 0.4694 AED
26 February 20241 HKD = 0.4694 AED
27 February 20241 HKD = 0.4693 AED
28 February 20241 HKD = 0.4693 AED
29 February 20241 HKD = 0.4691 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.
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