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AED to DDM price chart
AED to Deutsche Mark 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 Deutsche Mark
Deutsche Mark price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 4.2968 |
2 | 8.5936 |
3 | 12.8904 |
5 | 21.4841 |
10 | 42.9682 |
25 | 107.4206 |
50 | 214.8412 |
100 | 429.6825 |
1,000 | 4,296.825 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2327 |
5 | 1.1636 |
10 | 2.3272 |
20 | 4.6545 |
50 | 11.6364 |
100 | 23.2729 |
200 | 46.5459 |
500 | 116.3649 |
1,000 | 232.7299 |
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Saudi Arabian Riyal to Deutsche Mark performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:42 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2325 DDM | 0.2347 DDM | -0.94% |
| 5 AED | 1.1627 DDM | 1.1737 DDM | -0.94% |
| 10 AED | 2.3255 DDM | 2.3474 DDM | -0.94% |
| 50 AED | 11.6279 DDM | 11.737 DDM | -0.94% |
| 100 AED | 23.2558 DDM | 23.4741 DDM | -0.94% |
| 1,000 AED | 232.5581 DDM | 234.7417 DDM | -0.94% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:42 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2325 DDM | 0.2325 DDM | -- |
| 5 AED | 1.1627 DDM | 1.1627 DDM | -- |
| 10 AED | 2.3255 DDM | 2.3255 DDM | -- |
| 50 AED | 11.6279 DDM | 11.6279 DDM | -- |
| 100 AED | 23.2558 DDM | 23.2558 DDM | -- |
| 1,000 AED | 232.5581 DDM | 232.5581 DDM | -- |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:42 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2325 DDM | 0.2645 DDM | -13.76% |
| 5 AED | 1.1627 DDM | 1.3227 DDM | -13.76% |
| 10 AED | 2.3255 DDM | 2.6455 DDM | -13.76% |
| 50 AED | 11.6279 DDM | 13.2275 DDM | -13.76% |
| 100 AED | 23.2558 DDM | 26.455 DDM | -13.76% |
| 1,000 AED | 232.5581 DDM | 264.5502 DDM | -13.76% |