Convert UAE Dirham to Nigerian Naira
Convert UAE Dirham (AED) to Nigerian Naira (NGN) using daily updated exchange rates.
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Exchange Rate
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About UAE Dirham
The UAE Dirham (AED) is the official currency of the United Arab Emirates, introduced in 1973 to replace the Qatar and Dubai Riyal. It has been pegged to the US Dollar at a fixed rate of 3.6725 AED per USD since 1997, providing exceptional monetary stability. The UAE's oil-driven economy and status as a global financial hub - particularly Dubai and Abu Dhabi - make the dirham one of the most stable currencies in the Arab world. The word "dirham" derives from the ancient Greek "drachma". Banknotes feature landmarks such as the Sheikh Zayed Grand Mosque and the Burj Khalifa.
About Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by GDP. Introduced in 1973 to replace the Nigerian pound, the naira has experienced severe long-term depreciation relative to major currencies. The Central Bank of Nigeria (CBN) manages monetary policy. Nigeria is a major oil producer - crude oil and natural gas account for the vast majority of government revenues and export earnings. The economy has faced structural challenges including dependence on oil, inflation, currency shortages, and foreign exchange controls.
Quick Reference Table
| UAE Dirham (AED) | Nigerian Naira (NGN) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).