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AED to BTW price chart
AED to Bitway 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 Bitway
Bitway price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 4.3708 |
2 | 8.7417 |
3 | 13.1126 |
5 | 21.8543 |
10 | 43.7087 |
25 | 109.2717 |
50 | 218.5435 |
100 | 437.087 |
1,000 | 4,370.87 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2287 |
5 | 1.1439 |
10 | 2.2878 |
20 | 4.5757 |
50 | 11.4393 |
100 | 22.8787 |
200 | 45.7574 |
500 | 114.3937 |
1,000 | 228.7874 |
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Saudi Arabian Riyal to Bitway performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:23 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2325 BTW | 0.2475 BTW | -6.44% |
| 5 AED | 1.1627 BTW | 1.2376 BTW | -6.44% |
| 10 AED | 2.3255 BTW | 2.4752 BTW | -6.44% |
| 50 AED | 11.6279 BTW | 12.3762 BTW | -6.44% |
| 100 AED | 23.2558 BTW | 24.7524 BTW | -6.44% |
| 1,000 AED | 232.5581 BTW | 247.5247 BTW | -6.44% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:23 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2325 BTW | 0.2109 BTW | +9.28% |
| 5 AED | 1.1627 BTW | 1.05485 BTW | +9.28% |
| 10 AED | 2.3255 BTW | 2.1097 BTW | +9.28% |
| 50 AED | 11.6279 BTW | 10.5485 BTW | +9.28% |
| 100 AED | 23.2558 BTW | 21.09704 BTW | +9.28% |
| 1,000 AED | 232.5581 BTW | 210.9704 BTW | +9.28% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:23 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2325 BTW | 32.7332 BTW | -13,975.29% |
| 5 AED | 1.1627 BTW | 163.6661 BTW | -13,975.29% |
| 10 AED | 2.3255 BTW | 327.3322 BTW | -13,975.29% |
| 50 AED | 11.6279 BTW | 1,636.6612 BTW | -13,975.29% |
| 100 AED | 23.2558 BTW | 3,273.3224 BTW | -13,975.29% |
| 1,000 AED | 232.5581 BTW | 32,733.2242 BTW | -13,975.29% |