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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 c8ntinuum
c8ntinuum price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.7397 |
2 | 1.4794 |
3 | 2.2192 |
5 | 3.6987 |
10 | 7.3974 |
25 | 18.4935 |
50 | 36.9871 |
100 | 73.9742 |
1,000 | 739.7422 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.3518 |
5 | 6.7591 |
10 | 13.5182 |
20 | 27.03644 |
50 | 67.5911 |
100 | 135.1822 |
200 | 270.3644 |
500 | 675.9111 |
1,000 | 1,351.8222 |
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| 21.66 AZN to DAI | 96.8 RUB to CRO | 58.86 BRL to WLD | 98.19 TWD to FTM | 63.13 BRL to USDY |
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Saudi Arabian Riyal to c8ntinuum performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:56 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.3539 CTM | 1.2983 CTM | +4.10% |
| 5 AED | 6.7695 CTM | 6.4918 CTM | +4.10% |
| 10 AED | 13.5391 CTM | 12.9836 CTM | +4.10% |
| 50 AED | 67.6956 CTM | 64.9182 CTM | +4.10% |
| 100 AED | 135.3912 CTM | 129.8364 CTM | +4.10% |
| 1,000 AED | 1,353.9128 CTM | 1,298.364 CTM | +4.10% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:56 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.3539 CTM | 1.1715 CTM | +13.47% |
| 5 AED | 6.7695 CTM | 5.8575 CTM | +13.47% |
| 10 AED | 13.5391 CTM | 11.715 CTM | +13.47% |
| 50 AED | 67.6956 CTM | 58.5754 CTM | +13.47% |
| 100 AED | 135.3912 CTM | 117.1508 CTM | +13.47% |
| 1,000 AED | 1,353.9128 CTM | 1,171.5089 CTM | +13.47% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:56 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.3539 CTM | 6.8073 CTM | -402.80% |
| 5 AED | 6.7695 CTM | 34.03675 CTM | -402.80% |
| 10 AED | 13.5391 CTM | 68.07351 CTM | -402.80% |
| 50 AED | 67.6956 CTM | 340.3675 CTM | -402.80% |
| 100 AED | 135.3912 CTM | 680.7351 CTM | -402.80% |
| 1,000 AED | 1,353.9128 CTM | 6,807.3519 CTM | -402.80% |