United Arab Emirates dirham / South African rand

The United Arab Emirates Dirham (AED) is the official currency of the UAE and is used primarily within the country. In terms of investing and financial markets, the Dirham is used as a medium of exchange and provides stability and liquidity to the markets. It is often used in speculative trading, hedging, arbitrage, and other forms of investment, allowing investors to diversify their portfolios and reduce risk. The Dirham is also used in international transactions, giving investors access to international markets and making it easier for them to conduct business with partners in the region.