Convert AED to AXE | Live Axe Calculator
AED to AXE price chart
AED to Axe 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 Axe
Axe price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.003114 |
2 | 0.006229 |
3 | 0.009343 |
5 | 0.01557 |
10 | 0.03114 |
25 | 0.07786 |
50 | 0.1557 |
100 | 0.3114 |
1,000 | 3.1146 |
Saudi Arabian Riyal | |
|---|---|
1 | 321.06364 |
5 | 1,605.3182 |
10 | 3,210.6364 |
20 | 6,421.2729 |
50 | 16,053.1822 |
100 | 32,106.3645 |
200 | 64,212.729 |
500 | 160,531.8226 |
1,000 | 321,063.6453 |
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Saudi Arabian Riyal to Axe performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:28 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 321.1303 AXE | 321.1303 AXE | -- |
| 5 AED | 1,605.6518 AXE | 1,605.6518 AXE | -- |
| 10 AED | 3,211.3037 AXE | 3,211.3037 AXE | -- |
| 50 AED | 16,056.5189 AXE | 16,056.5189 AXE | -- |
| 100 AED | 32,113.03789 AXE | 32,113.03789 AXE | -- |
| 1,000 AED | 321,130.3789 AXE | 321,130.3789 AXE | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:28 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 321.1303 AXE | 321.1303 AXE | -- |
| 5 AED | 1,605.6518 AXE | 1,605.6518 AXE | -- |
| 10 AED | 3,211.3037 AXE | 3,211.3037 AXE | -- |
| 50 AED | 16,056.5189 AXE | 16,056.5189 AXE | -- |
| 100 AED | 32,113.03789 AXE | 32,113.03789 AXE | -- |
| 1,000 AED | 321,130.3789 AXE | 321,130.3789 AXE | -- |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:28 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 321.1303 AXE | 131.04442 AXE | +59.19% |
| 5 AED | 1,605.6518 AXE | 655.2221 AXE | +59.19% |
| 10 AED | 3,211.3037 AXE | 1,310.4442 AXE | +59.19% |
| 50 AED | 16,056.5189 AXE | 6,552.2212 AXE | +59.19% |
| 100 AED | 32,113.03789 AXE | 13,104.4424 AXE | +59.19% |
| 1,000 AED | 321,130.3789 AXE | 131,044.424 AXE | +59.19% |