Convert United Arab Emirates Dirham to New Zealand Dollar
Please provide values below to convert United Arab Emirates Dirham [AED] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to New Zealand Dollar
1 AED = 2.20041941282205 NZD
Example: convert 15 AED to NZD:
15 AED = 15 × 2.20041941282205 NZD = 33.0062911923307 NZD
United Arab Emirates Dirham to New Zealand Dollar Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.