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AED to CODEX price chart
AED to CodexField 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 CodexField
CodexField price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.6158 |
2 | 1.2317 |
3 | 1.8475 |
5 | 3.0793 |
10 | 6.1586 |
25 | 15.3965 |
50 | 30.793 |
100 | 61.5861 |
1,000 | 615.8614 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.6237 |
5 | 8.1187 |
10 | 16.2374 |
20 | 32.4748 |
50 | 81.187 |
100 | 162.3741 |
200 | 324.7483 |
500 | 811.8708 |
1,000 | 1,623.7417 |
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Saudi Arabian Riyal to CodexField performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:28 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.6644 CODEX | 1.6228 CODEX | +2.49% |
| 5 AED | 8.3222 CODEX | 8.1142 CODEX | +2.49% |
| 10 AED | 16.6444 CODEX | 16.2284 CODEX | +2.49% |
| 50 AED | 83.2223 CODEX | 81.1424 CODEX | +2.49% |
| 100 AED | 166.4447 CODEX | 162.2849 CODEX | +2.49% |
| 1,000 AED | 1,664.4474 CODEX | 1,622.8497 CODEX | +2.49% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:28 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.6644 CODEX | 6.7796 CODEX | -307.33% |
| 5 AED | 8.3222 CODEX | 33.8983 CODEX | -307.33% |
| 10 AED | 16.6444 CODEX | 67.7966 CODEX | -307.33% |
| 50 AED | 83.2223 CODEX | 338.983 CODEX | -307.33% |
| 100 AED | 166.4447 CODEX | 677.9661 CODEX | -307.33% |
| 1,000 AED | 1,664.4474 CODEX | 6,779.661 CODEX | -307.33% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:28 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.6644 CODEX | 0.008844 CODEX | +99.46% |
| 5 AED | 8.3222 CODEX | 0.04422 CODEX | +99.46% |
| 10 AED | 16.6444 CODEX | 0.08844 CODEX | +99.46% |
| 50 AED | 83.2223 CODEX | 0.4422 CODEX | +99.46% |
| 100 AED | 166.4447 CODEX | 0.8844 CODEX | +99.46% |
| 1,000 AED | 1,664.4474 CODEX | 8.844 CODEX | +99.46% |