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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 | 0.03419 |
2 | 0.06839 |
3 | 0.1025 |
5 | 0.1709 |
10 | 0.3419 |
25 | 0.8549 |
50 | 1.7099 |
100 | 3.4199 |
1,000 | 34.1993 |
Saudi Arabian Riyal | |
|---|---|
1 | 29.2403 |
5 | 146.2018 |
10 | 292.4036 |
20 | 584.8072 |
50 | 1,462.0181 |
100 | 2,924.0362 |
200 | 5,848.0724 |
500 | 14,620.181 |
1,000 | 29,240.362 |
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Saudi Arabian Riyal to COW performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:07 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 29.2483 COW | 29.2911 COW | -0.15% |
| 5 AED | 146.2415 COW | 146.4557 COW | -0.15% |
| 10 AED | 292.4831 COW | 292.9115 COW | -0.15% |
| 50 AED | 1,462.4159 COW | 1,464.5577 COW | -0.15% |
| 100 AED | 2,924.8318 COW | 2,929.1154 COW | -0.15% |
| 1,000 AED | 29,248.3182 COW | 29,291.154 COW | -0.15% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:07 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 29.2483 COW | 23.2504 COW | +20.50% |
| 5 AED | 146.2415 COW | 116.252 COW | +20.50% |
| 10 AED | 292.4831 COW | 232.504 COW | +20.50% |
| 50 AED | 1,462.4159 COW | 1,162.5203 COW | +20.50% |
| 100 AED | 2,924.8318 COW | 2,325.04068 COW | +20.50% |
| 1,000 AED | 29,248.3182 COW | 23,250.4068 COW | +20.50% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:07 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 29.2483 COW | 31.959 COW | -9.27% |
| 5 AED | 146.2415 COW | 159.7954 COW | -9.27% |
| 10 AED | 292.4831 COW | 319.5909 COW | -9.27% |
| 50 AED | 1,462.4159 COW | 1,597.9546 COW | -9.27% |
| 100 AED | 2,924.8318 COW | 3,195.9092 COW | -9.27% |
| 1,000 AED | 29,248.3182 COW | 31,959.09236 COW | -9.27% |