Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Bitcoin SV

Bitcoin SV to United Arab Emirates Dirham Converter and calculator

Convert 1Bitcoin SV (BSV) to United Arab Emirates Dirham (AED) equals د.إ 263.76 | Bitget
BSV
BSV
swap
AED
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Bitcoin SV(BSV) to United Arab Emirates Dirham(AED). This is the real-time data. The current conversion shows 1 BSV at a value of 1 BSV for 263.76 AED . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AED information

About the United Arab Emirates Dirham (AED)

What Is the United Arab Emirates Dirham (AED)?

The United Arab Emirates Dirham, abbreviated as AED and locally referred to as Dh (singular) or Dhs (plural), is the sole legal tender in the United Arab Emirates (UAE). The United Arab Emirates is a federation of seven emirates including Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Fujairah, and Ras Al Khaimah. The symbol for the United Arab Emirates Dirham is د.إ, which is derived from its Arabic name "درهم إماراتي". The dirham, subdivided into 100 fils, is pegged to the United States Dollar at a rate of approximately 3.67 AED to 1 USD. x

The United Arab Emirates Dirham (AED) is issued by the Central Bank of the United Arab Emirates. The Central Bank is responsible for managing the currency, including its design, production, and distribution. It also oversees the monetary and financial stability of the currency, along with implementing monetary policies and maintaining foreign reserves.

What Is the History of AED?

The term 'dirham' traces its origins to the Greek drachma. Before 1966, the Gulf rupee, pegged to the Indian rupee, was in use across the emirates. Following India's devaluation of the Gulf rupee, the UAE, then the Trucial States, adopted various currencies, including the Qatar and Dubai riyal and the Bahraini dinar. In 1973, the UAE dirham was established as the unified currency, replacing the Bahraini dinar in Abu Dhabi and the Qatar and Dubai riyal in other emirates.

Notes and Coins of AED

The UAE introduced coins in denominations of 1, 5, 10, 25, and 50 fils, and 1 dirham in 1973. These coins feature Eastern Arabic numerals and Arabic text. The smaller denominations (1, 5, and 10 fils) are less commonly used, leading to rounding of amounts in transactions. The UAE has also issued commemorative coins for various events.

Banknotes were introduced in 1973 in denominations ranging from 1 to 1000 dirhams. Over the years, new series have been released, with the latest including polymer notes to commemorate significant national events. These notes feature Arabic texts and Eastern Arabic numerals on the obverse, and English texts with Arabic numerals on the reverse.

Exchange Rates and International Use

Since 1978, the dirham has been officially pegged to the IMF's special drawing rights (SDRs), but in practice, it has been closely tied to the U.S. dollar. This pegging ensures a stable exchange rate, making the AED a reliable currency for international trade and finance.

Is AED a Stable Currency?

The United Arab Emirates Dirham (AED) is considered a stable currency, largely due to its peg to the US Dollar at a fixed rate of about 3.67 AED to 1 USD, which ensures consistent exchange rates and protects it from market volatility. The UAE's strong and diverse economy, with significant income from oil, trade, tourism, and finance, supports the dirham's stability. The country's substantial foreign currency reserves further strengthen its financial position. The Central Bank of the UAE plays a crucial role in maintaining this stability through effective monetary policies and banking sector regulation. Additionally, the UAE's prominent economic and political role in the Middle East enhances confidence in the dirham, contributing to its reliability and stability as a currency.

Is AED Pegged to USD?

Yes, the United Arab Emirates Dirham (AED) is pegged to the United States Dollar (USD). The peg has been in place since the early 1970s. Under this arrangement, the value of the AED is fixed in terms of the USD, and the Central Bank of the UAE maintains this fixed exchange rate by ensuring that it holds sufficient foreign exchange reserves, primarily in USD, to support the peg. This means that the AED has a set exchange rate against the USD, and fluctuations in the value of the dollar directly impact the value of the dirham.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Bitcoin SV currency pair is the BSV to AED, with for Bitcoin SV's currency code being BSV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AED.

BSV to AED conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bitcoin SV has changed +0.01% to AED. Based on the trend and price charts, Bitcoin SV(BSV) has changed +0.01% to AED while United Arab Emirates Dirham(AED) has changed % to BSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.إ263.49
0.0001% / 0.0004%vip-iconVIP
OKX
د.إ263.75
0.080% / 0.100%
Yes
Huobi
د.إ263.81
0.1000% / 0.1000%
Yes
Gate.io
د.إ263.79
0.1000% / 0.1000%
Yes
KuCoin
د.إ263.57
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 10:00:32(UTC+0)

What factors influence the conversion rate of Bitcoin SV to United Arab Emirates Dirham?

Bitcoin SV to United Arab Emirates Dirham is rising this week.
Bitcoin SV's current market price is د.إ 263.76 per BSV, with a total market cap of د.إ 5,194,111,981.49 AED based on a circulating supply of 19,692,222 BSV. The trading volume of Bitcoin SV has changed by -8.18% (د.إ -12,161,204.39 AED) in the last 24 hours. Last trading day, BSV's trading volume was د.إ 148,697,247.52.
Market cap
$1.41B
24h volume
$37.17M
Circulating supply
19.69M BSV

Conversion tables

The exchange rate of Bitcoin SV is decreasing.
1 BSV is currently valued at د.إ 263.76 AED , which means buying 5 BSV will cost د.إ 1,318.82 AED . Similarly, د.إ1 AED can be traded for 0.003791 BSV, and د.إ50 AED can be converted to 0.1896 BSV, excluding any platform or gas fees.
The exchange rate of 1 BSV to United Arab Emirates Dirham has changed by +7.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 266.54 AED and a low of 259.73 AED . One month ago, the value of 1 BSV was د.إ 318.81 AED , which represents a -17.27% change from its current value. Over the last year, Bitcoin SV has changed by
+د.إ
28.96AED
, resulting in a change of +111.64% in its value.

BSV to AED

Amount
10:10 am today
0.5 BSV
د.إ131.88
1 BSV
د.إ263.76
5 BSV
د.إ1,318.82
10 BSV
د.إ2,637.65
50 BSV
د.إ13,188.23
100 BSV
د.إ26,376.46
500 BSV
د.إ131,882.32
1000 BSV
د.إ263,764.65

AED to BSV

Amount10:10 am today
0.5AED0.001896  BSV
1AED0.003791  BSV
5AED0.01896  BSV
10AED0.03791  BSV
50AED0.1896  BSV
100AED0.3791  BSV
500AED1.9  BSV
1000AED3.79  BSV
share

Today vs. 24 hours ago

Amount10:10 am today24 hours ago24h change
0.5 BSV$35.91$35.9
+0.01%
1 BSV$71.81$71.8
+0.01%
5 BSV$359.07$359.02
+0.01%
10 BSV$718.14$718.04
+0.01%
50 BSV$3,590.69$3,590.22
+0.01%
100 BSV$7,181.37$7,180.43
+0.01%
500 BSV$35,906.87$35,902.15
+0.01%
1000 BSV$71,813.73$71,804.31
+0.01%

Today vs. 1 month ago

Amount10:10 am today1 month ago1M change
0.5 BSV$35.91$43.4
-17.27%
1 BSV$71.81$86.8
-17.27%
5 BSV$359.07$434.01
-17.27%
10 BSV$718.14$868.01
-17.27%
50 BSV$3,590.69$4,340.07
-17.27%
100 BSV$7,181.37$8,680.14
-17.27%
500 BSV$35,906.87$43,400.7
-17.27%
1000 BSV$71,813.73$86,801.4
-17.27%

Today vs. 1 year ago

Amount10:10 am today1 year ago1Y change
0.5 BSV$35.91$16.96
+111.64%
1 BSV$71.81$33.93
+111.64%
5 BSV$359.07$169.64
+111.64%
10 BSV$718.14$339.29
+111.64%
50 BSV$3,590.69$1,696.43
+111.64%
100 BSV$7,181.37$3,392.85
+111.64%
500 BSV$35,906.87$16,964.26
+111.64%
1000 BSV$71,813.73$33,928.53
+111.64%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.