Convert 7000 United Arab Emirates Dirham (AED) to Philippine Peso (PHP)
Exchange rates used for currency conversion updated on August 11th 2020 ( 08/11/2020 )
Below you will find the latest exchange rates for exchanging United Arab Emirates Dirham (AED) to Philippine Peso (PHP) , a table containing most common conversions and a chart with the pair's evolution.
The United Arab Emirates Dirham (AED) to Philippine Peso (PHP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
AED is the currency code for the United Arab Emirates dirham and is the official currency of the United Arab Emirates (UAE). The dirham is issued in increments of 1/100 dirham = 1 fils. Fils can be confused because of the "s" at the end and appear plural, but fils is in fact a singular word. AED is denominated in 25 fils, 50 fils, and 1 dirham coins and 5, 10, 20, 50, 100, 200, 500, and 1000 dirhams banknotes. The economy of the UAE is advanced, boasting the third highest GDP per capita in the world, the value of the AED is pegged to the United States Dollar, and the currency is issued by the Central Bank of the United Arab Emirates.
About Philippine Peso (PHP)
The official currency of the Philippines is the Philippine peso. The peso is subdivided into 100 centavos and comes in denominations of 10, 20, 50, 200, 500, 1,000 and 2,000 pesos. The US Dollar is readily accepted throughout the country for currency exchange as well as payment in many cases. Those looking to exchange foreign currency should check with banks. Although moneychangers are readily available, many are less than trustworthy.