Arab Emirates Dirham united states dollar history for July 2023. The highest quote for this month is 0.27226 (05/07/2023) and the lowest 0.27235 (05/07/2023). The difference between high and low is -0.03.
AED USD average rate for July 2023 is 0.27232, the change between 01/07/2023 and 31/07/2023 is +0.01 %.
| 05 July 2023 | 1 AED = 0.2723 USD |
| 25 July 2023 | 1 AED = 0.2723 USD |
| 31 July 2023 | 1 AED = 0.2723 USD |
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.
01/12/2002: Introduction of Modern Coinage
A new series of UAE dirham coins, featuring modern designs and security features, is introduced.
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.
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.