Convert United Arab Emirates Dirham to Bitcoin
Please provide values below to convert United Arab Emirates Dirham [AED] to Bitcoin [BTC], or Convert Bitcoin to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Bitcoin
1 AED = 434620.062536759 BTC
Example: convert 15 AED to BTC:
15 AED = 15 × 434620.062536759 BTC = 6519300.93805139 BTC
United Arab Emirates Dirham to Bitcoin Conversion Table
| United Arab Emirates Dirham | Bitcoin |
|---|
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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.