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AED to AVA price chart
AED to AVA 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 AVA
AVA price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.0247 |
2 | 0.04941 |
3 | 0.07412 |
5 | 0.1235 |
10 | 0.247 |
25 | 0.6176 |
50 | 1.2353 |
100 | 2.4707 |
1,000 | 24.7079 |
Saudi Arabian Riyal | |
|---|---|
1 | 40.4728 |
5 | 202.3643 |
10 | 404.7287 |
20 | 809.4574 |
50 | 2,023.6436 |
100 | 4,047.2873 |
200 | 8,094.5746 |
500 | 20,236.4366 |
1,000 | 40,472.8733 |
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Saudi Arabian Riyal to AVA performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:59 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 40.3714 AVA | 39.4166 AVA | +2.36% |
| 5 AED | 201.857 AVA | 197.08316 AVA | +2.36% |
| 10 AED | 403.7141 AVA | 394.1663 AVA | +2.36% |
| 50 AED | 2,018.5708 AVA | 1,970.8316 AVA | +2.36% |
| 100 AED | 4,037.1417 AVA | 3,941.6633 AVA | +2.36% |
| 1,000 AED | 40,371.417 AVA | 39,416.6338 AVA | +2.36% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:59 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 40.3714 AVA | 29.2226 AVA | +27.61% |
| 5 AED | 201.857 AVA | 146.1133 AVA | +27.61% |
| 10 AED | 403.7141 AVA | 292.2267 AVA | +27.61% |
| 50 AED | 2,018.5708 AVA | 1,461.1338 AVA | +27.61% |
| 100 AED | 4,037.1417 AVA | 2,922.2676 AVA | +27.61% |
| 1,000 AED | 40,371.417 AVA | 29,222.6767 AVA | +27.61% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:59 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 40.3714 AVA | 19.4666 AVA | +51.78% |
| 5 AED | 201.857 AVA | 97.333 AVA | +51.78% |
| 10 AED | 403.7141 AVA | 194.6661 AVA | +51.78% |
| 50 AED | 2,018.5708 AVA | 973.3307 AVA | +51.78% |
| 100 AED | 4,037.1417 AVA | 1,946.6614 AVA | +51.78% |
| 1,000 AED | 40,371.417 AVA | 19,466.6147 AVA | +51.78% |