Convert AED to ABEY | Live Abey Calculator
AED to ABEY price chart
AED to Abey exchange rate
About Saudi Arabian Riyal (AED)
What Is the United Arab Emirates Dirham (AED)?
The UAE dirham (AED) is the official currency of the United Arab Emirates. Issued by the Central Bank of the UAE, it is subdivided into 100 fils and has been pegged to the US dollar at roughly 3.6725 AED per USD since 1997. This fixed exchange-rate policy provides strong exchange-rate stability. The UAE's economy is heavily based on oil and gas exports, and as one of the Gulf's major financial hubs, the dirham is widely used in international trade and finance in the region. These factors make the AED a reliable medium of exchange for both domestic commerce and cross-border transactions in the Middle East.
Why Is the UAE Dirham Considered a Stable Currency?
The AED's stability stems largely from its USD peg and the UAE's strong economic fundamentals. The fixed peg to the dollar and prudent monetary policies by the Central Bank help keep inflation low and exchange rates steady. The UAE's large foreign reserves and diversified economy (beyond oil) further bolster confidence. As a result, the dirham is one of the most stable currencies globally, benefiting from the country's fiscal prudence and investor trust. In practice, the peg ensures that the AED experiences very little fluctuation, which underpins financial stability and investor confidence in the UAE's markets.
How to convert Saudi Arabian Riyal to Abey
Abey price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.0834 |
2 | 0.1668 |
3 | 0.2502 |
5 | 0.417 |
10 | 0.834 |
25 | 2.08506 |
50 | 4.1701 |
100 | 8.3402 |
1,000 | 83.4024 |
Saudi Arabian Riyal | |
|---|---|
1 | 11.99 |
5 | 59.9502 |
10 | 119.9005 |
20 | 239.801 |
50 | 599.5025 |
100 | 1,199.005185 |
200 | 2,398.01037 |
500 | 5,995.02592 |
1,000 | 11,990.05185 |
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Saudi Arabian Riyal to Abey performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:58 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 11.9904 ABEY | 14.6006 ABEY | -21.77% |
| 5 AED | 59.952 ABEY | 73.003358 ABEY | -21.77% |
| 10 AED | 119.904 ABEY | 146.006716 ABEY | -21.77% |
| 50 AED | 599.5203 ABEY | 730.03358 ABEY | -21.77% |
| 100 AED | 1,199.04076 ABEY | 1,460.06716 ABEY | -21.77% |
| 1,000 AED | 11,990.4076 ABEY | 14,600.6716 ABEY | -21.77% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:58 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 11.9904 ABEY | 18.09299 ABEY | -50.90% |
| 5 AED | 59.952 ABEY | 90.4649 ABEY | -50.90% |
| 10 AED | 119.904 ABEY | 180.9299 ABEY | -50.90% |
| 50 AED | 599.5203 ABEY | 904.6499 ABEY | -50.90% |
| 100 AED | 1,199.04076 ABEY | 1,809.2998 ABEY | -50.90% |
| 1,000 AED | 11,990.4076 ABEY | 18,092.998 ABEY | -50.90% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:58 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 11.9904 ABEY | 3.2509 ABEY | +72.88% |
| 5 AED | 59.952 ABEY | 16.2548 ABEY | +72.88% |
| 10 AED | 119.904 ABEY | 32.5097 ABEY | +72.88% |
| 50 AED | 599.5203 ABEY | 162.5487 ABEY | +72.88% |
| 100 AED | 1,199.04076 ABEY | 325.09752 ABEY | +72.88% |
| 1,000 AED | 11,990.4076 ABEY | 3,250.9752 ABEY | +72.88% |