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The World Factbook, 2023. Pegged with. USD [ 1] US$1 = Dhs 3.6725. The Arab Emirates Dirham ( / ˈdɪər ( h) əm /; [ 2] Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh (singular) and Dhs (plural) or DH in Latin; ISO code: AED is the official currency of the United Arab Emirates. The dirham is subdivided into 100 fils (فلس).
Hence the Egyptian and Turkish units split from each other in value, with the Egyptian unit continuing its exchange value of 97.5 piastres to the pound sterling. In 1885, Egypt went into a purely gold standard, and the Egyptian pound unit, known as the juneih, was introduced at £E1 = 7.4375
Cyprus. £1 Cyprus pound note issued in 1955. The first territory in the Middle East to adopt the pound sterling unit of account was Cyprus. At the time of the occupation in 1878, for the purpose of paying the troops the British government instructed that a Turkish lira was to be rated at 9⁄10 of a pound sterling. [5]
On 7 May 1970 [ 6][ 7] the Saidi rial (named after the House of Al Said, not to be confused with Saudi riyal) was introduced as the currency of Oman to replace the Gulf rupee. It was equal to the British pound sterling and 1 Saidi rial = 21 Gulf rupees. The Saidi rial was subdivided into 1000 baisa.
U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally. Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar, are not used in day-to-day ...
Currency. A currency[ a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [ 1][ 2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [ 3]
The Saudi riyal was worth 1.065 Gulf rupees, whilst the Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation. Initially pegged with sterling at one shilling and six pence (1s. 6d.) per riyal, its value was changed to one shilling and nine pence (1s. 9d.) when sterling was devalued in 1967, maintaining its value in relation ...
The Boar's Head recall of over 200,000 pounds shipped nationwide applies to meats sliced at a deli counter, not prepackaged meats. It includes a number of multi-pound packages stamped with an Aug ...