Convert AED to COT | Live CoTrader Calculator
AED to COT price chart
AED to CoTrader 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 CoTrader
CoTrader price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{5}8347 |
2 | 0.{4}1669 |
3 | 0.{4}2504 |
5 | 0.{4}4173 |
10 | 0.{4}8347 |
25 | 0.0002086 |
50 | 0.0004173 |
100 | 0.0008347 |
1,000 | 0.008347 |
Saudi Arabian Riyal | |
|---|---|
1 | 119,798.2807 |
5 | 598,991.4038 |
10 | 1,197,982.8077 |
20 | 2,395,965.6155 |
50 | 5,989,914.03898 |
100 | 11,979,828.07796 |
200 | 23,959,656.1559 |
500 | 59,899,140.3898 |
1,000 | 119,798,280.7796 |
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Saudi Arabian Riyal to CoTrader performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 4:46 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 119,488.5888 COT | 111,694.4041 COT | +6.52% |
| 5 AED | 597,442.9441 COT | 558,472.02055 COT | +6.52% |
| 10 AED | 1,194,885.8883 COT | 1,116,944.0411 COT | +6.52% |
| 50 AED | 5,974,429.4419 COT | 5,584,720.2055 COT | +6.52% |
| 100 AED | 11,948,858.8839 COT | 11,169,440.411 COT | +6.52% |
| 1,000 AED | 119,488,588.8397 COT | 111,694,404.1103 COT | +6.52% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 4:46 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 119,488.5888 COT | 142,348.7544 COT | -19.14% |
| 5 AED | 597,442.9441 COT | 711,743.7722 COT | -19.14% |
| 10 AED | 1,194,885.8883 COT | 1,423,487.5444 COT | -19.14% |
| 50 AED | 5,974,429.4419 COT | 7,117,437.7224 COT | -19.14% |
| 100 AED | 11,948,858.8839 COT | 14,234,875.4448 COT | -19.14% |
| 1,000 AED | 119,488,588.8397 COT | 142,348,754.4483 COT | -19.14% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 4:46 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 119,488.5888 COT | 73,637.7025 COT | +38.37% |
| 5 AED | 597,442.9441 COT | 368,188.5125 COT | +38.37% |
| 10 AED | 1,194,885.8883 COT | 736,377.02503 COT | +38.37% |
| 50 AED | 5,974,429.4419 COT | 3,681,885.1251 COT | +38.37% |
| 100 AED | 11,948,858.8839 COT | 7,363,770.2503 COT | +38.37% |
| 1,000 AED | 119,488,588.8397 COT | 73,637,702.5036 COT | +38.37% |