Historic Arab Emirates Dirham New Zealand Dollar

Arab Emirates Dirham new zealand dollar history for November 2023. The highest quote for this month is 0.47025 (01/11/2023) and the lowest 0.46485 (01/11/2023). The difference between high and low is 1.15.

AED NZD average rate for November 2023 is 0.45494, the change between 01/11/2023 and 30/11/2023 is +5.65 %.

01 November 20231 AED = 0.4689 NZD
02 November 20231 AED = 0.4632 NZD
03 November 20231 AED = 0.4619 NZD
06 November 20231 AED = 0.4541 NZD
07 November 20231 AED = 0.4567 NZD
08 November 20231 AED = 0.4587 NZD
09 November 20231 AED = 0.4606 NZD
10 November 20231 AED = 0.4624 NZD
12 November 20231 AED = 0.4613 NZD
13 November 20231 AED = 0.4620 NZD
14 November 20231 AED = 0.4629 NZD
15 November 20231 AED = 0.4536 NZD
16 November 20231 AED = 0.4517 NZD
17 November 20231 AED = 0.4565 NZD
18 November 20231 AED = 0.4544 NZD
19 November 20231 AED = 0.4544 NZD
20 November 20231 AED = 0.4541 NZD
21 November 20231 AED = 0.4509 NZD
22 November 20231 AED = 0.4497 NZD
23 November 20231 AED = 0.4523 NZD
24 November 20231 AED = 0.4503 NZD
26 November 20231 AED = 0.4479 NZD
27 November 20231 AED = 0.4481 NZD
28 November 20231 AED = 0.4462 NZD
29 November 20231 AED = 0.4432 NZD
30 November 20231 AED = 0.4425 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

01/01/2007: Security Enhancements

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

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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