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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 | 0.7756 |
2 | 1.5512 |
3 | 2.3268 |
5 | 3.8781 |
10 | 7.7563 |
25 | 19.3908 |
50 | 38.7816 |
100 | 77.5632 |
1000 | 775.632 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.2892 |
5 | 6.4463 |
10 | 12.8927 |
20 | 25.7854 |
50 | 64.4635 |
100 | 128.9271 |
200 | 257.8542 |
500 | 644.6356 |
1000 | 1289.2712 |
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Saudi Arabian Riyal to c8ntinuum performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:24 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.2888 CTM | 1.3192 CTM | -2.37% |
| 5 AED | 6.4441 CTM | 6.5963 CTM | -2.37% |
| 10 AED | 12.8882 CTM | 13.1926 CTM | -2.37% |
| 50 AED | 64.4412 CTM | 65.963 CTM | -2.37% |
| 100 AED | 128.8825 CTM | 131.9261 CTM | -2.37% |
| 1000 AED | 1288.8258 CTM | 1319.2612 CTM | -2.37% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:24 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.2888 CTM | 2.9824 CTM | -131.41% |
| 5 AED | 6.4441 CTM | 14.912 CTM | -131.41% |
| 10 AED | 12.8882 CTM | 29.824 CTM | -131.41% |
| 50 AED | 64.4412 CTM | 149.1201 CTM | -131.41% |
| 100 AED | 128.8825 CTM | 298.2403 CTM | -131.41% |
| 1000 AED | 1288.8258 CTM | 2982.4038 CTM | -131.41% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:24 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.2888 CTM | 7.3367 CTM | -469.26% |
| 5 AED | 6.4441 CTM | 36.6837 CTM | -469.26% |
| 10 AED | 12.8882 CTM | 73.3675 CTM | -469.26% |
| 50 AED | 64.4412 CTM | 366.8378 CTM | -469.26% |
| 100 AED | 128.8825 CTM | 733.6757 CTM | -469.26% |
| 1000 AED | 1288.8258 CTM | 7336.7571 CTM | -469.26% |