Convert and Swap Bitcoin BTC to United Arab Emirates Dirham AED
BTC/AED: 1 Bitcoin equals AED 343,898.03 AED
Last update: 3:09 PM, December 23, 2024
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Bitcoin is falling this week.
The current price of Bitcoin is AED 343,898.03 per BTC. With a circulating supply of 19,800,106 BTC, it means that Bitcoin has a total market cap of AED 6,820,426,867,387.14. The amount of Bitcoin traded has risen by AED 71,887,658,195.20 in the last 24 hours, which is a 35.24% increase. Additionally, in the last day, AED 203,971,705,165.34 worth of BTC has been traded.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.
Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.
Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.
How Bitcoin and United Arab Emirates Dirham differ
Bitcoin (BTC) and the United Arab Emirates Dirham (AED) are both forms of currency, but they operate in fundamentally different ways. Bitcoin is a decentralized cryptocurrency, launched in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a technology called blockchain, a decentralized ledger that records all transactions across a network of computers. Bitcoin transactions are verified by network nodes through cryptography and added to the blockchain. Bitcoin's supply is finite, with a maximum limit of 21,000,000 coins. It aims to function as a decentralized store of value and a medium of exchange for goods and services. On the other hand, the AED is the official currency of the United Arab Emirates, regulated by the UAE Central Bank. Unlike Bitcoin, the AED is a physical currency, controlled by a central authority, and its supply can be adjusted according to economic conditions. The AED is primarily used for traditional transactions within the UAE, while Bitcoin seeks to enable peer-to-peer transactions globally, without the need for intermediaries.
Frequently asked questions
How much is 1 Bitcoin in AED?
Right now, 1 Bitcoin is worth about AED 343,898.03.
How much BTC could I buy for 1 AED?
Based on the current rate, you could get 0.00000291 BTC for 1 AED.
How much has the price of Bitcoin changed?
Bitcoin price has been declining. Since yesterday, the exchange rate of Bitcoin has decreased. Since last month, the exchange rate of Bitcoin has decreased. Since this time last year, the price of Bitcoin has increased.
How do I calculate or convert BTC to AED?
You can use our BTC to AED calculator at the top of this page to convert any amount of BTC to AED. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AED is equivalent to 0.000015 BTC. Inversely, 5 BTC will cost about AED 1,719,490.16
How can I buy 1 Bitcoin on Coinbase?
Bitcoin is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Bitcoin.
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BTC to United Arab Emirates Dirham conversion tables
The exchange rate of Bitcoin is decreasing.
The current value of 1 BTC is AED 343,898.03 AED. In other words, to buy 5 Bitcoin, it would cost you AED 1,719,490.16 AED. Inversely, AED 1.00 AED would allow you to trade for 0.00000291 BTC while AED 50.00 AED would convert to 0.00014539 BTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.57%. Meanwhile, in the last 24 hours, the rate has changed by 1.69%, and that the the highest exchange rate of 1 BTC to United Arab Emirates Dirham was AED 354,156.92 AED and the lowest 24 hour value was 1 BTC for AED 343,710.43 AED. This time last month, the value of 1 BTC was AED 362,149.99 AED, which is a 3.82% increase from where it is now. Looking back a year, Bitcoin has changed by AED 160,595.24 AED.
BTC to AED performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
AED 350,416.24 AED | -1.69% | AED 387,528.41 AED | -9.57% | AED 362,149.99 AED | -3.82% | AED 160,595.24 AED | 117.46% |
BTC to AED
Amount | Today at 3:09 pm |
|---|---|
0.5 BTC | AED 171,949.02 |
1 BTC | AED 343,898.03 |
5 BTC | AED 1,719,490.16 |
10 BTC | AED 3,438,980.32 |
50 BTC | AED 17,194,901.61 |
100 BTC | AED 34,389,803.22 |
500 BTC | AED 171,949,016.10 |
1,000 BTC | AED 343,898,032.20 |
AED to BTC
Amount | Today at 3:09 pm |
|---|---|
0.5 AED | 0.00000145 BTC |
1 AED | 0.00000291 BTC |
5 AED | 0.000015 BTC |
10 AED | 0.000029 BTC |
50 AED | 0.000145 BTC |
100 AED | 0.000291 BTC |
500 AED | 0.0015 BTC |
1,000 AED | 0.0029 BTC |
Today vs. 24 hours ago
Amount | Today at 3:09 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BTC | AED 171,949.02 | AED 175,059.39 | -1.78% |
1 BTC | AED 343,898.03 | AED 350,118.79 | -1.78% |
5 BTC | AED 1,719,490.16 | AED 1,750,593.93 | -1.78% |
10 BTC | AED 3,438,980.32 | AED 3,501,187.85 | -1.78% |
50 BTC | AED 17,194,901.61 | AED 17,505,939.27 | -1.78% |
100 BTC | AED 34,389,803.22 | AED 35,011,878.53 | -1.78% |
500 BTC | AED 171,949,016.10 | AED 175,059,392.65 | -1.78% |
1,000 BTC | AED 343,898,032.20 | AED 350,118,785.30 | -1.78% |
Today vs. 1 month ago
Amount | Today at 3:09 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BTC | AED 171,949.02 | AED 180,723.74 | -4.86% |
1 BTC | AED 343,898.03 | AED 361,447.49 | -4.86% |
5 BTC | AED 1,719,490.16 | AED 1,807,237.43 | -4.86% |
10 BTC | AED 3,438,980.32 | AED 3,614,474.87 | -4.86% |
50 BTC | AED 17,194,901.61 | AED 18,072,374.34 | -4.86% |
100 BTC | AED 34,389,803.22 | AED 36,144,748.67 | -4.86% |
500 BTC | AED 171,949,016.10 | AED 180,723,743.36 | -4.86% |
1,000 BTC | AED 343,898,032.20 | AED 361,447,486.72 | -4.86% |
Today vs. 1 year ago
Amount | Today at 3:09 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BTC | AED 171,949.02 | AED 80,152.08 | +114.53% |
1 BTC | AED 343,898.03 | AED 160,304.16 | +114.53% |
5 BTC | AED 1,719,490.16 | AED 801,520.79 | +114.53% |
10 BTC | AED 3,438,980.32 | AED 1,603,041.58 | +114.53% |
50 BTC | AED 17,194,901.61 | AED 8,015,207.88 | +114.53% |
100 BTC | AED 34,389,803.22 | AED 16,030,415.76 | +114.53% |
500 BTC | AED 171,949,016.10 | AED 80,152,078.80 | +114.53% |
1,000 BTC | AED 343,898,032.20 | AED 160,304,157.59 | +114.53% |
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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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.