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About this currency pair
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.
United Arab Emirates Dirham (AED) — the currency of the United Arab Emirates
The United Arab Emirates dirham is used in the UAE, a major hub for travel, trade, logistics, finance and expatriate employment. AED conversions are common for Dubai and Abu Dhabi tourism, salaries, remittances, property prices, oil-related business and comparisons with USD, EUR and regional Gulf currencies.