Countries that use the Arabic Dirham
The Arabic Dirham was established in 1971 as an official national currency and is used only in the United Arab Emirates. 1 Dirham is devided into 100 Fils.The Arabic Dirham is tied to the US Dollar with a fixed exchange rate. Therefore, 1 Dirham always equals to 0.2723 US Dollar.
ISO 4127:
AEDNumeric:
784List of all currencies
Exchange rate history 10 AED in USD
The two currencies are directly interdependent and have a fixed conversion rate.US Dollar as currency
| Country | Region |
|---|---|
| American Samoa | Polynesia |
| British Virgin Islands | Caribbean |
| Ecuador | South America |
| El Salvador | Central America |
| Guam | Micronesia |
| East Timor | Southeast Asia |
| Marshall Islands | Micronesia |
| Federated States of Micronesia | Micronesia |
| Palau | Micronesia |
| Northern Mariana Islands | Micronesia |
| Puerto Rico | Caribbean |
| Turks and Caicos Islands | Caribbean |
| United States | North America |
| Virgin Islands | Caribbean |
| British Indian Ocean Territory | Eastern Africa |
| Bonaire, Saint Eustatius and Saba | Caribbean |
Currency reserves for the Arabic Dirham
According to the International Monetary Fund, the total broad money (M3) amounted to AED 1,478.61 billion at the end of 2020. For currency hedging, reserves were held in a total amount of 391.86 billion Dirhams. This corresponds to a ratio of 1:3.8. Or in other words: 10 of 38 Dirhams are deposited with a countervalue, which is internationally already above average.Approximately 9.69 billion Dirhams (2.5%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.
› Worldwide currency and gold reserves
Sources
All conversion rates are based on data from the European Central Bank.Data on currency and gold reserves are from the International Monetary Fund.
Currency and gold reserves worldwide
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