Convert United Arab Emirates Dirham to Philippine Peso
Please provide values below to convert United Arab Emirates Dirham [AED] to Philippine Peso [PHP], or Convert Philippine Peso to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Philippine Peso
1 AED = 0.0644951117183535 PHP
Example: convert 15 AED to PHP:
15 AED = 15 × 0.0644951117183535 PHP = 0.967426675775302 PHP
United Arab Emirates Dirham to Philippine Peso 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.