Convert United Arab Emirates Dirham to Chinese Yuan
Please provide values below to convert United Arab Emirates Dirham [AED] to Chinese Yuan [CNY], or Convert Chinese Yuan to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Chinese Yuan
1 AED = 0.511925173197285 CNY
Example: convert 15 AED to CNY:
15 AED = 15 × 0.511925173197285 CNY = 7.67887759795927 CNY
United Arab Emirates Dirham to Chinese Yuan 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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).