Convert 1 Qatari Rial (QAR) to United Arab Emirates Dirham (AED)
Exchange rates used for currency conversion updated on 24th May 2016 ( 24/05/2016 )
Below you will find the latest exchange rate for exchanging Qatari Rial (QAR) to United Arab Emirates Dirham (AED) , a table containing most common conversions and a chart with the pair's evolution.
The Qatari Rial (QAR) to United Arab Emirates Dirham (AED) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official unit of currency in Qatar is the rial. The rial is subdivided into 100 dirhams and comes in denominations of 1, 5, 10, 50, 100 and 500 riyals. Foreign currency can easily be exchanged through banks, moneychangers, the Bureau de Change and at many airport terminals, hotels and other establishments. The Bureau de Change typically offers the lowest commission fee for currency exchanges.
About United Arab Emirates Dirham (AED)
AED is the currency code for the United Arab Emirates dirham and is the official currency of the United Arab Emirates (UAE). The dirham is issued in increments of 1/100 dirham = 1 fils. Fils can be confused because of the "s" at the end and appear plural, but fils is in fact a singular word. AED is denominated in 25 fils, 50 fils, and 1 dirham coins and 5, 10, 20, 50, 100, 200, 500, and 1000 dirhams banknotes. The economy of the UAE is advanced, boasting the third highest GDP per capita in the world, the value of the AED is pegged to the United States Dollar, and the currency is issued by the Central Bank of the United Arab Emirates.