Historic Arab Emirates Dirham Pound sterling

Arab Emirates Dirham pound sterling history for October 2023. The highest quote for this month is 0.22609 (04/10/2023) and the lowest 0.22505 (03/10/2023). The difference between high and low is 0.46.

AED GBP average rate for October 2023 is 0.22369, the change between 01/10/2023 and 31/10/2023 is -0.25 %.

01 October 20231 AED = 0.2233 GBP
02 October 20231 AED = 0.2233 GBP
03 October 20231 AED = 0.2252 GBP
04 October 20231 AED = 0.2255 GBP
05 October 20231 AED = 0.2244 GBP
06 October 20231 AED = 0.2235 GBP
09 October 20231 AED = 0.2228 GBP
10 October 20231 AED = 0.2223 GBP
11 October 20231 AED = 0.2216 GBP
12 October 20231 AED = 0.2211 GBP
13 October 20231 AED = 0.2235 GBP
16 October 20231 AED = 0.2240 GBP
17 October 20231 AED = 0.2230 GBP
18 October 20231 AED = 0.2236 GBP
19 October 20231 AED = 0.2243 GBP
20 October 20231 AED = 0.2244 GBP
22 October 20231 AED = 0.2239 GBP
23 October 20231 AED = 0.2239 GBP
24 October 20231 AED = 0.2223 GBP
25 October 20231 AED = 0.2239 GBP
26 October 20231 AED = 0.2250 GBP
27 October 20231 AED = 0.2244 GBP
29 October 20231 AED = 0.2245 GBP
30 October 20231 AED = 0.2248 GBP
31 October 20231 AED = 0.2239 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.