Is the Chinese dollar to yuan exchange rate the same as the UAE dollar to yuan exchange rate?

Updated on Financial 2024-06-10
5 answers
  1. Anonymous users2024-02-11

    Generally speaking, it can't be the same, there will always be some differences. However, in general, the exchange rate value between the two currencies at the same point in time, in different countries, is a value that is not much different from the equilibrium value, which is similar to the difference between value and ** introduced in the law of value. For the time being, we call the exchange rate and the exchange rate.

    Exchange rate policies vary from country to country. 1. Some rely on the currency exchange market to let them set their own prices (mainly depending on large foreign exchange transactions), 2. Some rely on state administrative means to intervene in pricing(there are many specific measures, you can search for this), 3. Some are all set by state administration (exchange rate transactions generated by black market transactions of currency exchange are outside such pricing).

    It is precisely because of the existence of the situation that the exchange rate of a country will be different from the exchange rate of the actual market autonomy (which makes the exchange rate of countries using different exchange rate policies different)... At this point, "the exchange rate value between the two currencies will be different at the same point in time, in different countries". This is also the root cause of the emergence and survival of foreign exchange reversers in the world, they are based on the difference in the exchange rate value of several currencies at different points in time and different regions to buy and sell to earn the difference...

    Specific to the situation you mentioned, you are working at Emirates (this is supposed to be a foreign airline, it should be paid for a ticket in dollars??) When booking a ticket, you either pay in US dollars, or pay at the exchange rate in RMB or UAE currency at the same price as the US dollar fare, at this time, it must be calculated according to the exchange rate of US dollars to RMB on the day of the UAE. In fact, I think there are several explanations for this situation.

    First, it may be that the exchange rate between the US dollar and the RMB in the UAE is lower than in China, that is, the RMB is more valuable in the UAE than in the United States in China.

    Second, it may be that in the international market of Emirates**, the exchange rate of RMB against the US dollar will be **, that is, the RMB appreciates (the performance is tough), so when selling air tickets, some preferential treatment is given to those who purchase in RMB - perhaps, Ah ** is the same as China**, in increasing the RMB (we increase our holdings of US dollars to deal with the US financial war This is a consideration in the past, and now the situation is a little different, a bit of a debt collection fear of debt taste hehe).

    Third, maybe you said that they pressed, how much are we,,, you are converting the tickets you knew before into how many RMB are converted back to US dollars, and then compared with the current booking,,, it has to do with whether the airline ticket has increased or not.

    One thing, I haven't been to the UAE, and I really don't know what currency to use to book tickets there, so I don't know if these can help you clear your doubts.

  2. Anonymous users2024-02-10

    It's all the same, otherwise, it's not messy.

  3. Anonymous users2024-02-09

    1 UAE Dirham = Chinese Yuan.

    1 RMB = UAE Dirham.

    The United Arab Emirates Dirham is issued by the United Arab Emirates Bank of the United Arab Emirates (Central Bank of the United Arab Emirates). There are 8 denominations of banknotes, which are dirhams. In addition, there are coinage of 1, dirhams and fairs.

    Unlike most Arab countries, the UAE's secondary currency rounding is not based on rounding, but on a decimal system, i.e. 1 dirham is equal to 100 fils.

  4. Anonymous users2024-02-08

    The currency of the UAE is the dirham, which is exchanged in the US dollar

    1 AED = about RMB.

  5. Anonymous users2024-02-07

    Convert the result at the current exchange rate.

    UAE Dirham Current exchange rate CNY1

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