Historic Swiss franc Arab Emirates Dirham

Swiss franc arab emirates dirham history for August 2023. The highest quote for this month is 4.1879 (12/08/2023) and the lowest 4.2237 (10/08/2023). The difference between high and low is -0.85.

CHF AED average rate for August 2023 is 4.18311, the change between 01/08/2023 and 31/08/2023 is +0.74 %.

01 August 20231 CHF = 4.213 AED
02 August 20231 CHF = 4.209 AED
03 August 20231 CHF = 4.186 AED
04 August 20231 CHF = 4.200 AED
07 August 20231 CHF = 4.201 AED
08 August 20231 CHF = 4.208 AED
09 August 20231 CHF = 4.194 AED
10 August 20231 CHF = 4.188 AED
11 August 20231 CHF = 4.188 AED
12 August 20231 CHF = 4.188 AED
14 August 20231 CHF = 4.189 AED
15 August 20231 CHF = 4.182 AED
16 August 20231 CHF = 4.179 AED
17 August 20231 CHF = 4.172 AED
18 August 20231 CHF = 4.182 AED
21 August 20231 CHF = 4.162 AED
22 August 20231 CHF = 4.180 AED
23 August 20231 CHF = 4.174 AED
24 August 20231 CHF = 4.185 AED
25 August 20231 CHF = 4.149 AED
28 August 20231 CHF = 4.151 AED
29 August 20231 CHF = 4.156 AED
30 August 20231 CHF = 4.178 AED
31 August 20231 CHF = 4.182 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

01/01/1978: Currency Issuance Authority

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

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

02/12/1971: Formation of UAE

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.