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AED to LX price chart
AED to LayerX 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 LayerX
LayerX price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.0001085 |
2 | 0.0002171 |
3 | 0.0003256 |
5 | 0.0005427 |
10 | 0.001085 |
25 | 0.002713 |
50 | 0.005427 |
100 | 0.01085 |
1,000 | 0.1085 |
Saudi Arabian Riyal | |
|---|---|
1 | 9,211.5723 |
5 | 46,057.8615 |
10 | 92,115.7231 |
20 | 184,231.4462 |
50 | 460,578.6157 |
100 | 921,157.2314 |
200 | 1,842,314.4628 |
500 | 4,605,786.157 |
1,000 | 9,211,572.314 |
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Saudi Arabian Riyal to LayerX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 4:48 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 9,216.5898 LX | 8,503.4013 LX | +7.73% |
| 5 AED | 46,082.9493 LX | 42,517.006802 LX | +7.73% |
| 10 AED | 92,165.8986 LX | 85,034.0136 LX | +7.73% |
| 50 AED | 460,829.493 LX | 425,170.06802 LX | +7.73% |
| 100 AED | 921,658.9861 LX | 850,340.136 LX | +7.73% |
| 1,000 AED | 9,216,589.8617 LX | 8,503,401.3605 LX | +7.73% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 4:48 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 9,216.5898 LX | 5,714.2857 LX | +38.00% |
| 5 AED | 46,082.9493 LX | 28,571.4285 LX | +38.00% |
| 10 AED | 92,165.8986 LX | 57,142.8571 LX | +38.00% |
| 50 AED | 460,829.493 LX | 285,714.2857 LX | +38.00% |
| 100 AED | 921,658.9861 LX | 571,428.5714 LX | +38.00% |
| 1,000 AED | 9,216,589.8617 LX | 5,714,285.7142 LX | +38.00% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 4:48 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 9,216.5898 LX | 3,106.5548 LX | +66.29% |
| 5 AED | 46,082.9493 LX | 15,532.7741 LX | +66.29% |
| 10 AED | 92,165.8986 LX | 31,065.5483 LX | +66.29% |
| 50 AED | 460,829.493 LX | 155,327.7415 LX | +66.29% |
| 100 AED | 921,658.9861 LX | 310,655.483 LX | +66.29% |
| 1,000 AED | 9,216,589.8617 LX | 3,106,554.8306 LX | +66.29% |