Convert AED to AXL | Live Axelar Calculator
AED to AXL price chart
AED to Axelar 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 Axelar
Axelar price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1675 |
2 | 0.3351 |
3 | 0.5027 |
5 | 0.8378 |
10 | 1.6757 |
25 | 4.1892 |
50 | 8.3785 |
100 | 16.7571 |
1,000 | 167.5716 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.9675 |
5 | 29.8379 |
10 | 59.6759 |
20 | 119.3519 |
50 | 298.3798 |
100 | 596.7597 |
200 | 1,193.5195 |
500 | 2,983.7989 |
1,000 | 5,967.5979 |
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Saudi Arabian Riyal to Axelar performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:21 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.9952 AXL | 7.6161 AXL | -27.04% |
| 5 AED | 29.976 AXL | 38.08073 AXL | -27.04% |
| 10 AED | 59.952 AXL | 76.1614 AXL | -27.04% |
| 50 AED | 299.7601 AXL | 380.8073 AXL | -27.04% |
| 100 AED | 599.5203 AXL | 761.6146 AXL | -27.04% |
| 1,000 AED | 5,995.2038 AXL | 7,616.1462 AXL | -27.04% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:21 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.9952 AXL | 6.7204 AXL | -12.10% |
| 5 AED | 29.976 AXL | 33.6021 AXL | -12.10% |
| 10 AED | 59.952 AXL | 67.2043 AXL | -12.10% |
| 50 AED | 299.7601 AXL | 336.0215 AXL | -12.10% |
| 100 AED | 599.5203 AXL | 672.04301 AXL | -12.10% |
| 1,000 AED | 5,995.2038 AXL | 6,720.4301 AXL | -12.10% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:21 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.9952 AXL | 0.8064 AXL | +86.54% |
| 5 AED | 29.976 AXL | 4.03225 AXL | +86.54% |
| 10 AED | 59.952 AXL | 8.06451 AXL | +86.54% |
| 50 AED | 299.7601 AXL | 40.3225 AXL | +86.54% |
| 100 AED | 599.5203 AXL | 80.6451 AXL | +86.54% |
| 1,000 AED | 5,995.2038 AXL | 806.4516 AXL | +86.54% |