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Retik Finance to United Arab Emirates Dirham Converter and calculator

Convert 1Retik Finance (RETIK) to United Arab Emirates Dirham (AED) equals د.إ 0.2991 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Retik Finance(RETIK) to United Arab Emirates Dirham(AED). This is the real-time data. The current conversion shows 1 RETIK at a value of 1 RETIK for 0.30 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.

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

RETIK to AED conversion rate trend

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In the past 1D, Retik Finance has changed +6.52% to AED. Based on the trend and price charts, Retik Finance(RETIK) has changed +6.52% to AED while United Arab Emirates Dirham(AED) has changed % to RETIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.إ0.2991
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/06/21 22:54:28(UTC+0)

How to buy Retik Finance

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Retik Finance (RETIK)
Use a variety of payment options to buy Retik Finance on Bitget. We'll show you how.

Buy RETIK (or USDT) for AED (United Arab Emirates Dirham) offers

Bitget P2P trading does not currently support direct buying of RETIK with AED. However, you can buy USDT in Bitget P2P trading first, and then buy RETIK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
K
KhurramshahzadGolden merchantVerified Merchant
189 tradesCompletion rate 92.00%
3.62 AED
Amount157.24 USDT
Limit36.2 - 90.5 AED
Bank Transfer
Buy
F
Fast Trading ExchangVerified Merchant
172 tradesCompletion rate 91.00%
3.73 AED
Amount1997.6 USDT
Limit180 - 6352 AED
Bank TransferADIB Abu Dhabi Islamic Bank
Buy
c
cryptobadi-LLCVerified Merchant
21 tradesCompletion rate 95.00%
3.73 AED
Amount3000 USDT
Limit3000 - 11190 AED
Bank TransferADIB Abu Dhabi Islamic BankAL MASHREQ Bank
Buy
8
8TH FLOOR MEDIA FZCOVerified Merchant
0 tradesCompletion rate 0.00%
3.75 AED
Amount353.11 USDT
Limit1000 - 1324.16 AED
Bank TransferADCB Abu Dhabi Commercial BankAL MASHREQ Bank
Buy
Q
Quick_TraderGolden merchantVerified Merchant
490 tradesCompletion rate 99.00%
3.78 AED
Amount3920.63 USDT
Limit300 - 15000 AED
Emirates NBDAL MASHREQ Bank
Buy

Sell RETIK (or USDT) for AED (United Arab Emirates Dirham) offers

Bitget P2P trading currently does not support direct selling of RETIK to AED. However, you can first exchange RETIK for USDT in the Bitget spot market, and then sell USDT to AED in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
STARK-HEAD-EXCHANGEVerified Merchant
0 tradesCompletion rate 0.00%
3.7 AED
Amount500 USDT
Limit1500 - 1840 AED
Bank Transfer
Sell
A
A.R ansari_ traders Verified Merchant
66 tradesCompletion rate 99.00%
3.69 AED
Amount1174.53 USDT
Limit500 - 3690 AED
ADCB Abu Dhabi Commercial Bank
Sell
A
Ahmed Ali1Verified Merchant
595 tradesCompletion rate 93.00%
3.68 AED
Amount1100 USDT
Limit250 - 4040 AED
Bank TransferADCB Abu Dhabi Commercial Bank
Sell
F
Fast Trading ExchangVerified Merchant
172 tradesCompletion rate 91.00%
3.68 AED
Amount450 USDT
Limit500 - 1656 AED
Bank TransferEmirates NBDADCB Abu Dhabi Commercial BankADIB Abu Dhabi Islamic BankAL MASHREQ BankEmirates Islamic Bank
Sell
t
trustcrypto ADLVerified Merchant
5 tradesCompletion rate 71.00%
3.68 AED
Amount301 USDT
Limit1000 - 1107 AED
Bank TransferADCB Abu Dhabi Commercial Bank
Sell

What factors influence the conversion rate of Retik Finance to United Arab Emirates Dirham?

Retik Finance to United Arab Emirates Dirham is falling this week.
Retik Finance's current market price is د.إ 0.2991 per RETIK, with a total market cap of د.إ 0 AED based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by -40.50% (د.إ -5,787,359.30 AED) in the last 24 hours. Last trading day, RETIK's trading volume was د.إ 14,288,364.86.
Market cap
$0
24h volume
$2.31M
Circulating supply
0 RETIK

Conversion tables

The exchange rate of Retik Finance is decreasing.
1 RETIK is currently valued at د.إ 0.2991 AED , which means buying 5 RETIK will cost د.إ 1.5 AED . Similarly, د.إ1 AED can be traded for 3.34 RETIK, and د.إ50 AED can be converted to 167.19 RETIK, excluding any platform or gas fees.
The exchange rate of 1 RETIK to United Arab Emirates Dirham has changed by -14.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.52%, reaching a high of 0.3022 AED and a low of 0.2712 AED . One month ago, the value of 1 RETIK was د.إ 6.88 AED , which represents a -95.65% change from its current value. Over the last year, Retik Finance has changed by
+د.إ
0.2991AED
, resulting in a change of --% in its value.

RETIK to AED

Amount
22:54 today
0.5 RETIK
د.إ0.1495
1 RETIK
د.إ0.2991
5 RETIK
د.إ1.5
10 RETIK
د.إ2.99
50 RETIK
د.إ14.95
100 RETIK
د.إ29.91
500 RETIK
د.إ149.53
1000 RETIK
د.إ299.06

AED to RETIK

Amount22:54 today
0.5AED1.67  RETIK
1AED3.34  RETIK
5AED16.72  RETIK
10AED33.44  RETIK
50AED167.19  RETIK
100AED334.38  RETIK
500AED1,671.91  RETIK
1000AED3,343.83  RETIK
Buy Retik Finance for 1 AED
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Today vs. 24 hours ago

Amount22:54 today24 hours ago24h change
0.5 RETIK$0.04071$0.03822
+6.52%
1 RETIK$0.08142$0.07644
+6.52%
5 RETIK$0.4071$0.3822
+6.52%
10 RETIK$0.8142$0.7644
+6.52%
50 RETIK$4.07$3.82
+6.52%
100 RETIK$8.14$7.64
+6.52%
500 RETIK$40.71$38.22
+6.52%
1000 RETIK$81.42$76.44
+6.52%

Today vs. 1 month ago

Amount22:54 today1 month ago1M change
0.5 RETIK$0.04071$0.9363
-95.65%
1 RETIK$0.08142$1.87
-95.65%
5 RETIK$0.4071$9.36
-95.65%
10 RETIK$0.8142$18.73
-95.65%
50 RETIK$4.07$93.63
-95.65%
100 RETIK$8.14$187.27
-95.65%
500 RETIK$40.71$936.34
-95.65%
1000 RETIK$81.42$1,872.67
-95.65%
Buy Retik Finance for 1 AED
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount22:54 today1 year ago1Y change
0.5 RETIK$0.04071$-0.{6}5737
--
1 RETIK$0.08142$-0.{5}1147
--
5 RETIK$0.4071$-0.{5}5737
--
10 RETIK$0.8142$-0.{4}1147
--
50 RETIK$4.07$-0.{4}5737
--
100 RETIK$8.14$-0.0001147
--
500 RETIK$40.71$-0.0005737
--
1000 RETIK$81.42$-0.001147
--

Retik Finance price prediction

What will the price of RETIK be in 2025?

Based on RETIK's historical price performance prediction model, the price of RETIK is projected to reach -- in 2025.

What will the price of RETIK be in 2030?

In 2030, the RETIK price is expected to rise by -1.00%. By the end of 2030, the RETIK price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Retik Finance for 1 AED
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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Buy Retik Finance for 1 AED
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Retik Finance for 1 AED
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Retik Finance and AED.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Retik Finance and AED. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Retik Finance in AED, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Retik Finance for 1 AED

A welcome pack worth 1000 USDT for new Bitgetters!

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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.