Usd Converter
Convert Usd to Aed and more • 166 conversions
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Unit Explanations
United States Dollar$
Source UnitThe United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
United Arab Emirates Dirhamد.إ
Target UnitThe United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, established in 1973. It is subdivided into 100 fils and is used across the seven emirates, including Abu Dhabi and Dubai. The dirham is a fiat currency, meaning it is not backed by a physical commodity, but rather by the trust in the issuing government. The currency code AED is used in international financial transactions and is recognized by the ISO 4217 standard. The dirham is pegged to the US dollar, with a fixed exchange rate, making it stable in the global market. The symbol for the dirham is د.إ, derived from the Arabic language. The currency plays a vital role in the economy of the UAE, which is heavily reliant on oil exports and tourism.
Current Use
Today, the United Arab Emirates Dirham is used extensively in the UAE for everyday transactions, both in cash and electronic payments. The dirham is accepted in all sectors, including retail, tourism, and services. The UAE has become a major global financial hub, and the dirham is often used in trade with countries in the Middle East and beyond. Tourists visiting the UAE will frequently encounter dirhams in markets, hotels, and restaurants. The currency is also utilized in international business dealings, particularly in transactions involving oil and gas, real estate, and financial services. The dirham's stability and the UAE's robust economy have made it a trusted currency within the region, contributing to its use in neighboring countries.
Fun Fact
The dirham is one of the oldest currencies in the world, with a history dating back to the ancient Greeks.
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📐Conversion Formula
= × 1.00000How to Convert
To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
United States Dollar
currency • Non-SI
Definition
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
History & Origin
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
💡 Fun Facts
- •The U.S. dollar is the most widely used currency for global trade.
- •More than 60% of all foreign exchange reserves are held in USD.
- •The design of the dollar bill has not changed significantly since 1929.
📏 Real-World Examples
🔗 Related Units
United Arab Emirates Dirham
currency • Non-SI
Definition
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, established in 1973. It is subdivided into 100 fils and is used across the seven emirates, including Abu Dhabi and Dubai. The dirham is a fiat currency, meaning it is not backed by a physical commodity, but rather by the trust in the issuing government. The currency code AED is used in international financial transactions and is recognized by the ISO 4217 standard. The dirham is pegged to the US dollar, with a fixed exchange rate, making it stable in the global market. The symbol for the dirham is د.إ, derived from the Arabic language. The currency plays a vital role in the economy of the UAE, which is heavily reliant on oil exports and tourism.
History & Origin
The United Arab Emirates Dirham (AED) was introduced on May 19, 1973, replacing the Qatar and Dubai riyal, which had been in use since the late 1960s. The dirham was established as part of the formation of the United Arab Emirates, which united seven emirates into a single federal entity. The currency was created to provide a standardized medium of exchange for trade and commerce within the federation. Prior to the dirham, various currencies were circulated in the UAE, including British and Indian rupees, which were used in local markets.
Etymology: The term 'dirham' is derived from the Greek 'drachma', which was a silver coin used in ancient Greece and later adopted by various cultures and empires.
Current Use
Today, the United Arab Emirates Dirham is used extensively in the UAE for everyday transactions, both in cash and electronic payments. The dirham is accepted in all sectors, including retail, tourism, and services. The UAE has become a major global financial hub, and the dirham is often used in trade with countries in the Middle East and beyond. Tourists visiting the UAE will frequently encounter dirhams in markets, hotels, and restaurants. The currency is also utilized in international business dealings, particularly in transactions involving oil and gas, real estate, and financial services. The dirham's stability and the UAE's robust economy have made it a trusted currency within the region, contributing to its use in neighboring countries.
💡 Fun Facts
- •The dirham is one of the oldest currencies in the world, with a history dating back to the ancient Greeks.
- •The UAE was formed in 1971, and the dirham was introduced two years later as part of its economic framework.
- •The dirham is pegged to the US dollar at a fixed rate of approximately 3.67 AED to 1 USD.
📏 Real-World Examples
🔗 Related Units
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Frequently Asked Questions
How do I convert to ?▼
To convert to , multiply your value by 1. For example, 10 equals 10 .
What is the formula for to conversion?▼
The formula is: = × 1. This conversion factor is based on international standards.
Is this to converter accurate?▼
Yes! MetricConv uses internationally standardized conversion factors from organizations like NIST and ISO. Our calculations support up to 15 decimal places of precision, making it suitable for scientific, engineering, and everyday calculations.
Can I convert back to ?▼
Absolutely! You can use the swap button (⇄) in the converter above to reverse the conversion direction, or visit our to converter.