Historic Arab Emirates Dirham Australian dollar

Arab Emirates Dirham australian dollar history for December 2023. The highest quote for this month is 0.4173 (07/12/2023) and the lowest 0.41381 (11/12/2023). The difference between high and low is 0.84.

AED AUD average rate for December 2023 is 0.40668, the change between 01/12/2023 and 31/12/2023 is +3.05 %.

01 December 20231 AED = 0.4123 AUD
02 December 20231 AED = 0.4079 AUD
03 December 20231 AED = 0.4083 AUD
04 December 20231 AED = 0.4076 AUD
05 December 20231 AED = 0.4116 AUD
06 December 20231 AED = 0.4155 AUD
07 December 20231 AED = 0.4157 AUD
08 December 20231 AED = 0.4130 AUD
10 December 20231 AED = 0.4141 AUD
11 December 20231 AED = 0.4139 AUD
12 December 20231 AED = 0.4149 AUD
13 December 20231 AED = 0.4149 AUD
14 December 20231 AED = 0.4087 AUD
15 December 20231 AED = 0.4063 AUD
16 December 20231 AED = 0.4065 AUD
17 December 20231 AED = 0.4065 AUD
18 December 20231 AED = 0.4065 AUD
19 December 20231 AED = 0.4063 AUD
20 December 20231 AED = 0.4027 AUD
21 December 20231 AED = 0.4041 AUD
22 December 20231 AED = 0.4007 AUD
23 December 20231 AED = 0.4003 AUD
24 December 20231 AED = 0.4004 AUD
25 December 20231 AED = 0.4000 AUD
26 December 20231 AED = 0.4002 AUD
27 December 20231 AED = 0.3990 AUD
28 December 20231 AED = 0.3973 AUD
29 December 20231 AED = 0.3989 AUD
31 December 20231 AED = 0.3997 AUD

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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