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AED to COW price chart
AED to COW 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 COW
COW price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.06195 |
2 | 0.1239 |
3 | 0.1858 |
5 | 0.3097 |
10 | 0.6195 |
25 | 1.5488 |
50 | 3.09766 |
100 | 6.1953 |
1,000 | 61.9533 |
Saudi Arabian Riyal | |
|---|---|
1 | 16.1411 |
5 | 80.7058 |
10 | 161.4116 |
20 | 322.8233 |
50 | 807.05836 |
100 | 1,614.1167 |
200 | 3,228.2334 |
500 | 8,070.5836 |
1,000 | 16,141.1672 |
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Saudi Arabian Riyal to COW performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:53 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 16.1316 COW | 17.6273 COW | -9.28% |
| 5 AED | 80.6581 COW | 88.1367 COW | -9.28% |
| 10 AED | 161.3163 COW | 176.2735 COW | -9.28% |
| 50 AED | 806.5817 COW | 881.3678 COW | -9.28% |
| 100 AED | 1,613.1634 COW | 1,762.7357 COW | -9.28% |
| 1,000 AED | 16,131.6341 COW | 17,627.3576 COW | -9.28% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:53 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 16.1316 COW | 22.05071 COW | -36.70% |
| 5 AED | 80.6581 COW | 110.2535 COW | -36.70% |
| 10 AED | 161.3163 COW | 220.5071 COW | -36.70% |
| 50 AED | 806.5817 COW | 1,102.5358 COW | -36.70% |
| 100 AED | 1,613.1634 COW | 2,205.07166 COW | -36.70% |
| 1,000 AED | 16,131.6341 COW | 22,050.7166 COW | -36.70% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:53 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 16.1316 COW | 14.6649 COW | +9.09% |
| 5 AED | 80.6581 COW | 73.3245 COW | +9.09% |
| 10 AED | 161.3163 COW | 146.649 COW | +9.09% |
| 50 AED | 806.5817 COW | 733.2453 COW | +9.09% |
| 100 AED | 1,613.1634 COW | 1,466.4906 COW | +9.09% |
| 1,000 AED | 16,131.6341 COW | 14,664.9068 COW | +9.09% |