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 | 0.002901 |
2 | 0.005803 |
3 | 0.008704 |
5 | 0.0145 |
10 | 0.02901 |
25 | 0.07253 |
50 | 0.145 |
100 | 0.2901 |
1,000 | 2.9015 |
Saudi Arabian Riyal | |
|---|---|
1 | 344.6418 |
5 | 1,723.209 |
10 | 3,446.418 |
20 | 6,892.8361 |
50 | 17,232.09038 |
100 | 34,464.1807 |
200 | 68,928.3615 |
500 | 172,320.9038 |
1,000 | 344,641.8076 |
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Saudi Arabian Riyal to Axe performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 344.7087 AXE | 431.7789 AXE | -25.26% |
| 5 AED | 1,723.5436 AXE | 2,158.8946 AXE | -25.26% |
| 10 AED | 3,447.08721 AXE | 4,317.7892 AXE | -25.26% |
| 50 AED | 17,235.436 AXE | 21,588.9464 AXE | -25.26% |
| 100 AED | 34,470.8721 AXE | 43,177.8929 AXE | -25.26% |
| 1,000 AED | 344,708.7211 AXE | 431,778.9291 AXE | -25.26% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 344.7087 AXE | 435.161 AXE | -26.25% |
| 5 AED | 1,723.5436 AXE | 2,175.805 AXE | -26.25% |
| 10 AED | 3,447.08721 AXE | 4,351.61 AXE | -26.25% |
| 50 AED | 17,235.436 AXE | 21,758.05047 AXE | -26.25% |
| 100 AED | 34,470.8721 AXE | 43,516.1009 AXE | -26.25% |
| 1,000 AED | 344,708.7211 AXE | 435,161.009573 AXE | -26.25% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 344.7087 AXE | 57.971 AXE | +83.18% |
| 5 AED | 1,723.5436 AXE | 289.855 AXE | +83.18% |
| 10 AED | 3,447.08721 AXE | 579.7101 AXE | +83.18% |
| 50 AED | 17,235.436 AXE | 2,898.5507 AXE | +83.18% |
| 100 AED | 34,470.8721 AXE | 5,797.1014 AXE | +83.18% |
| 1,000 AED | 344,708.7211 AXE | 57,971.01449 AXE | +83.18% |