S. Olawale1 AED To UGX EXCHANGE RATE TODAY
If you are interested in knowing today’s exchange rate of 1 AED to UGX ? You don’t need to worry as this post will take care of that. Immediately after showing you the exchange rate of this pairs, we would look at a brief overview of both the AED and UGX so as to have a clear picture of each of the currency we had paired against each other.
1 aed to ugx1 AED TO UGX EXCHANGE RATE TODAY
As of today, October, 2016, the exchange rate of AED to UGX is:
- 1 AED = 936.41 UGX
- 5 AED = 4,682.05 UGX
- 10 AED = 9,364.1 UGX
- 50 AED = 46830.5 UGX
- 100 AED = 93641 UGX
This exchange rate was gotten from TheMoneyConverter.com, a website dedicated to providing Forex information to the world population. This information are updated daily so you are sure you wouldn’t be fed with a stale information. Now, let move to the overview of the currencies.
UNITED ARAB EMIRATES DIRHAM (AED)
The United Arab Emirates Dirham (AED) is the currency established in 1973 to serve the seven (7) countries that makes up the United Arab Emirates. These countries are Dubai, Abu Dhabi, Ajmān, Ras al-Khaimah, Umm al-Quwain, Fujairah and Sharjah. Aside this official users of this currency, it also have unofficial users such as the Oman. This currency is available in notes and coin. 25, 50 fils, 1 dirham denominations are available as coins while 5, 10, 20, 50, 100, 200, 500, 1000 dirhams are in banknotes.
The exchange rate of 1 dollar to dirhams is pegged at US$ = 3.6725 AED. The inflation rate of the dirham is 2.5%.
THE UGANDAN SHILLINGS (UGX)
The Ugandan Shillings (UGX) is the official currency of Uganda, a country in Africa. Ugandan Shillings was introduced two times. The first Ugandan Shillings (UGS) was introduced to replace the East African shilling in 1966 and by 1987, the current one in use (UGX) replaced the (UGS) due to high inflation rate. This Ugandan Shillings was worth 100 old Shillings. The currency is a fairly stable one and predominates in most financial transactions in Uganda which has a very efficient forex market with low spreads.
The exchange rate of a dollar to the Ugandan Shillings is currently 1 US dollar = 3374.5999 Ugandan
shillings
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