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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
Piastre. The piastre or piaster ( English: / piˈæstər /) is any of a number of units of currency. The term originates from the Italian for "thin metal plate". The name was applied to Spanish and Hispanic American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century. These pesos, minted continually for centuries ...
Libyan dinar. dirham (dh.) 1 dh., 5 dhs., 10 dhs., 20 dhs. The dinar ( Arabic: دينار ( Arabic pronunciation: [diːˈnɑːr] ); sign: LD in Latin, ل.د in Arabic; code: LYD) is the official currency of Libya. The dinar is divided into 1,000 dirhams ( درهم ). It is issued by the Central Bank of Libya, which also supervises the banking ...
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
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 number of Americans filing for unemployment benefits inched up last week and remain historically low, however the total number of people collecting jobless benefits continues to grow. The ...
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]
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