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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 Cardano
Cardano price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.8701 |
2 | 1.7403 |
3 | 2.6104 |
5 | 4.3507 |
10 | 8.7015 |
25 | 21.7539 |
50 | 43.5078 |
100 | 87.01573 |
1000 | 870.1573 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.1492 |
5 | 5.746 |
10 | 11.4921 |
20 | 22.9843 |
50 | 57.4608 |
100 | 114.9217 |
200 | 229.8434 |
500 | 574.6086 |
1000 | 1149.2173 |
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Saudi Arabian Riyal to Cardano performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 5:04 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.1619 ADA | 0.99 ADA | +14.79% |
| 5 AED | 5.8099 ADA | 4.9504 ADA | +14.79% |
| 10 AED | 11.6198 ADA | 9.9009 ADA | +14.79% |
| 50 AED | 58.099 ADA | 49.5049 ADA | +14.79% |
| 100 AED | 116.198 ADA | 99.0099 ADA | +14.79% |
| 1000 AED | 1161.98 ADA | 990.099 ADA | +14.79% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 5:04 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.1619 ADA | 1.1527 ADA | +0.79% |
| 5 AED | 5.8099 ADA | 5.7636 ADA | +0.79% |
| 10 AED | 11.6198 ADA | 11.5273 ADA | +0.79% |
| 50 AED | 58.099 ADA | 57.6368 ADA | +0.79% |
| 100 AED | 116.198 ADA | 115.2737 ADA | +0.79% |
| 1000 AED | 1161.98 ADA | 1152.7377 ADA | +0.79% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 5:04 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.1619 ADA | 0.3333 ADA | +71.31% |
| 5 AED | 5.8099 ADA | 1.6666 ADA | +71.31% |
| 10 AED | 11.6198 ADA | 3.3333 ADA | +71.31% |
| 50 AED | 58.099 ADA | 16.6666 ADA | +71.31% |
| 100 AED | 116.198 ADA | 33.3333 ADA | +71.31% |
| 1000 AED | 1161.98 ADA | 333.3333 ADA | +71.31% |