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AED to APX price chart
AED to APX 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 APX
APX price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.7885 |
2 | 1.5771 |
3 | 2.3657 |
5 | 3.9429 |
10 | 7.8859 |
25 | 19.7148 |
50 | 39.4296 |
100 | 78.8593 |
1,000 | 788.5931 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.268 |
5 | 6.3404 |
10 | 12.6808 |
20 | 25.3616 |
50 | 63.404 |
100 | 126.8081 |
200 | 253.6162 |
500 | 634.04054 |
1,000 | 1,268.08109 |
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Saudi Arabian Riyal to APX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:38 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.2682 APX | 1.2675 APX | +0.05% |
| 5 AED | 6.3411 APX | 6.3379 APX | +0.05% |
| 10 AED | 12.6823 APX | 12.6758 APX | +0.05% |
| 50 AED | 63.4115 APX | 63.3793 APX | +0.05% |
| 100 AED | 126.823 APX | 126.7587 APX | +0.05% |
| 1,000 AED | 1,268.2308 APX | 1,267.5877 APX | +0.05% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:38 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.2682 APX | 1.257 APX | +0.87% |
| 5 AED | 6.3411 APX | 6.2853 APX | +0.87% |
| 10 AED | 12.6823 APX | 12.5707 APX | +0.87% |
| 50 AED | 63.4115 APX | 62.8535 APX | +0.87% |
| 100 AED | 126.823 APX | 125.7071 APX | +0.87% |
| 1,000 AED | 1,268.2308 APX | 1,257.07102 APX | +0.87% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:38 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.2682 APX | 1.05119 APX | +17.11% |
| 5 AED | 6.3411 APX | 5.2559 APX | +17.11% |
| 10 AED | 12.6823 APX | 10.5119 APX | +17.11% |
| 50 AED | 63.4115 APX | 52.5596 APX | +17.11% |
| 100 AED | 126.823 APX | 105.1193 APX | +17.11% |
| 1,000 AED | 1,268.2308 APX | 1,051.1931 APX | +17.11% |