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AED to ABOND price chart
AED to ApeBond 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 ApeBond
ApeBond price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.002003 |
2 | 0.004007 |
3 | 0.00601 |
5 | 0.01001 |
10 | 0.02003 |
25 | 0.05009 |
50 | 0.1001 |
100 | 0.2003 |
1,000 | 2.003621 |
Saudi Arabian Riyal | |
|---|---|
1 | 499.09626 |
5 | 2,495.4813 |
10 | 4,990.9626 |
20 | 9,981.9252 |
50 | 24,954.813 |
100 | 49,909.6261 |
200 | 99,819.2522 |
500 | 249,548.1307 |
1,000 | 499,096.2614 |
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Saudi Arabian Riyal to ApeBond performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:21 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 499.2511 ABOND | 619.5786 ABOND | -24.11% |
| 5 AED | 2,496.2556 ABOND | 3,097.8934 ABOND | -24.11% |
| 10 AED | 4,992.5112 ABOND | 6,195.7868 ABOND | -24.11% |
| 50 AED | 24,962.5561 ABOND | 30,978.9343 ABOND | -24.11% |
| 100 AED | 49,925.1123 ABOND | 61,957.8686 ABOND | -24.11% |
| 1,000 AED | 499,251.1233 ABOND | 619,578.6864 ABOND | -24.11% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:21 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 499.2511 ABOND | 583.4305 ABOND | -16.87% |
| 5 AED | 2,496.2556 ABOND | 2,917.1528 ABOND | -16.87% |
| 10 AED | 4,992.5112 ABOND | 5,834.3057 ABOND | -16.87% |
| 50 AED | 24,962.5561 ABOND | 29,171.5285 ABOND | -16.87% |
| 100 AED | 49,925.1123 ABOND | 58,343.05717 ABOND | -16.87% |
| 1,000 AED | 499,251.1233 ABOND | 583,430.5717 ABOND | -16.87% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:21 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 499.2511 ABOND | 155.0628 ABOND | +68.94% |
| 5 AED | 2,496.2556 ABOND | 775.314 ABOND | +68.94% |
| 10 AED | 4,992.5112 ABOND | 1,550.628 ABOND | +68.94% |
| 50 AED | 24,962.5561 ABOND | 7,753.14 ABOND | +68.94% |
| 100 AED | 49,925.1123 ABOND | 15,506.28 ABOND | +68.94% |
| 1,000 AED | 499,251.1233 ABOND | 155,062.8004 ABOND | +68.94% |