Convert AED to BTMT | Live BITmarkets Calculator
AED to BTMT price chart
AED to BITmarkets 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 BITmarkets
BITmarkets price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1604 |
2 | 0.3209 |
3 | 0.4814 |
5 | 0.8023 |
10 | 1.6047 |
25 | 4.01183 |
50 | 8.02366 |
100 | 16.04733 |
1,000 | 160.4733 |
Saudi Arabian Riyal | |
|---|---|
1 | 6.2315 |
5 | 31.1578 |
10 | 62.3156 |
20 | 124.6312 |
50 | 311.5781 |
100 | 623.1563 |
200 | 1,246.3127 |
500 | 3,115.7817 |
1,000 | 6,231.5635 |
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Saudi Arabian Riyal to BITmarkets performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:25 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 6.2344 BTMT | 6.2305 BTMT | +0.06% |
| 5 AED | 31.172 BTMT | 31.1526 BTMT | +0.06% |
| 10 AED | 62.3441 BTMT | 62.3052 BTMT | +0.06% |
| 50 AED | 311.7206 BTMT | 311.5264 BTMT | +0.06% |
| 100 AED | 623.4413 BTMT | 623.05295 BTMT | +0.06% |
| 1,000 AED | 6,234.4139 BTMT | 6,230.5295 BTMT | +0.06% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:25 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 6.2344 BTMT | 4.746 BTMT | +23.87% |
| 5 AED | 31.172 BTMT | 23.7304 BTMT | +23.87% |
| 10 AED | 62.3441 BTMT | 47.4608 BTMT | +23.87% |
| 50 AED | 311.7206 BTMT | 237.3042 BTMT | +23.87% |
| 100 AED | 623.4413 BTMT | 474.6084 BTMT | +23.87% |
| 1,000 AED | 6,234.4139 BTMT | 4,746.08448 BTMT | +23.87% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:25 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 6.2344 BTMT | 4.1135 BTMT | +34.01% |
| 5 AED | 31.172 BTMT | 20.5676 BTMT | +34.01% |
| 10 AED | 62.3441 BTMT | 41.1353 BTMT | +34.01% |
| 50 AED | 311.7206 BTMT | 205.6766 BTMT | +34.01% |
| 100 AED | 623.4413 BTMT | 411.3533 BTMT | +34.01% |
| 1,000 AED | 6,234.4139 BTMT | 4,113.5335 BTMT | +34.01% |