Historic Singapore dollar Arab Emirates Dirham

Singapore dollar arab emirates dirham history for August 2023. The highest quote for this month is 2.7465 (01/08/2023) and the lowest 2.7622 (01/08/2023). The difference between high and low is -0.57.

SGD AED average rate for August 2023 is 2.71991, the change between 01/08/2023 and 31/08/2023 is +1.48 %.

01 August 20231 SGD = 2.762 AED
02 August 20231 SGD = 2.751 AED
03 August 20231 SGD = 2.737 AED
04 August 20231 SGD = 2.739 AED
07 August 20231 SGD = 2.742 AED
08 August 20231 SGD = 2.740 AED
09 August 20231 SGD = 2.725 AED
10 August 20231 SGD = 2.728 AED
11 August 20231 SGD = 2.721 AED
12 August 20231 SGD = 2.717 AED
14 August 20231 SGD = 2.714 AED
15 August 20231 SGD = 2.709 AED
16 August 20231 SGD = 2.704 AED
17 August 20231 SGD = 2.699 AED
18 August 20231 SGD = 2.705 AED
20 August 20231 SGD = 2.707 AED
21 August 20231 SGD = 2.707 AED
22 August 20231 SGD = 2.705 AED
23 August 20231 SGD = 2.705 AED
24 August 20231 SGD = 2.716 AED
25 August 20231 SGD = 2.706 AED
28 August 20231 SGD = 2.710 AED
29 August 20231 SGD = 2.710 AED
30 August 20231 SGD = 2.721 AED
31 August 20231 SGD = 2.721 AED

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

01/01/2007: Security Enhancements

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

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

01/12/2002: Introduction of Modern Coinage

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

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
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