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AED to BIT price chart
AED to BitDAO 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 BitDAO
BitDAO price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 2.3074 |
2 | 4.6148 |
3 | 6.9222 |
5 | 11.5371 |
10 | 23.07431 |
25 | 57.6857 |
50 | 115.3715 |
100 | 230.7431 |
1,000 | 2,307.4317 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.4333 |
5 | 2.1669 |
10 | 4.3338 |
20 | 8.6676 |
50 | 21.6691 |
100 | 43.3382 |
200 | 86.6764 |
500 | 216.6911 |
1,000 | 433.3822 |
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Saudi Arabian Riyal to BitDAO performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 4:38 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.4329 BIT | 0.5917 BIT | -36.69% |
| 5 AED | 2.1645 BIT | 2.9585 BIT | -36.69% |
| 10 AED | 4.329 BIT | 5.9171 BIT | -36.69% |
| 50 AED | 21.645 BIT | 29.5857 BIT | -36.69% |
| 100 AED | 43.29 BIT | 59.1715 BIT | -36.69% |
| 1,000 AED | 432.9004 BIT | 591.7159 BIT | -36.69% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 4:38 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.4329 BIT | 0.6172 BIT | -42.60% |
| 5 AED | 2.1645 BIT | 3.08641 BIT | -42.60% |
| 10 AED | 4.329 BIT | 6.1728 BIT | -42.60% |
| 50 AED | 21.645 BIT | 30.8641 BIT | -42.60% |
| 100 AED | 43.29 BIT | 61.7283 BIT | -42.60% |
| 1,000 AED | 432.9004 BIT | 617.2839 BIT | -42.60% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 4:38 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.4329 BIT | 0.2145 BIT | +50.42% |
| 5 AED | 2.1645 BIT | 1.07296 BIT | +50.42% |
| 10 AED | 4.329 BIT | 2.1459 BIT | +50.42% |
| 50 AED | 21.645 BIT | 10.7296 BIT | +50.42% |
| 100 AED | 43.29 BIT | 21.4592 BIT | +50.42% |
| 1,000 AED | 432.9004 BIT | 214.5922 BIT | +50.42% |