UAE Dirham

The UAE Dirham remained unchanged at 3.67 in April from 3.67 in March of 2014. UAE Dirham averaged 3.67 from 1988 until 2014, reaching an all time high of 3.68 in October of 1993 and a record low of 3.65 in November of 2007. The USDAED spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the AED. While the USDAED spot exchange rate is quoted and exchanged in the same day, the USDAED forward rate is quoted today but for delivery and payment on a specific future date. This page provides - UAE Dirham - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.67 3.67 3.68 3.65 3.67 | 2014/05 1988 - 2014 Daily

TO

UAE Dirham
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 3.67 2014-04-19 3.67 3.68 3.65 3.67 2014-05-31 [+]
Stock Market 5156.65 2014-04-18 4894.42 6237.98 1001.81 5051.70 2014-05-31 Index points [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


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United Arab Emirates Changes in Inventories at 8601.96 AED Million  
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United Arab Emirates Consumer Spending at 581469.30 AED Million  
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United Arab Emirates GDP Constant Prices at 1025623.10 AED Million  
GDP Constant Prices in the United Arab Emirates increased to 1025623.10 AED Million in 2012 from 982725.21 AED Million in 2011. GDP Constant Prices in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
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United Arab Emirates Gross Fixed Capital Formation at 259944.86 AED Million  
Gross Fixed Capital Formation in the United Arab Emirates increased to 259944.86 AED Million in 2012 from 231103.94 AED Million in 2011. Gross Fixed Capital Formation in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
United Arab Emirates Current Account at 244416.00 SYP Million  
The United Arab Emirates recorded a Current Account surplus of 244416 SYP Million in 2012. Current Account in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
United Arab Emirates Manufacturing Pmi at 57.70  
Manufacturing PMI in the United Arab Emirates increased to 57.70 in March of 2014 from 57.30 in February of 2014. Manufacturing PMI in the United Arab Emirates is reported by HSBC.
United Arab Emirates Interest Rate at 1.00 Percent  
The benchmark interest rate in the United Arab Emirates was last recorded at 1 percent. Interest Rate in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
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