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AED to DEXNET price chart
AED to DexNet 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 DexNet
DexNet price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.01588 |
2 | 0.03177 |
3 | 0.04766 |
5 | 0.07943 |
10 | 0.1588 |
25 | 0.3971 |
50 | 0.7943 |
100 | 1.5886 |
1,000 | 15.8868 |
Saudi Arabian Riyal | |
|---|---|
1 | 62.9453 |
5 | 314.7266 |
10 | 629.4532 |
20 | 1,258.9065 |
50 | 3,147.2664 |
100 | 6,294.5328 |
200 | 12,589.06575 |
500 | 31,472.6643 |
1,000 | 62,945.3287 |
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Saudi Arabian Riyal to DexNet performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 5:05 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 63.09148 DEXNET | 68.2593 DEXNET | -8.20% |
| 5 AED | 315.4574 DEXNET | 341.2969 DEXNET | -8.20% |
| 10 AED | 630.9148 DEXNET | 682.5938 DEXNET | -8.20% |
| 50 AED | 3,154.5741 DEXNET | 3,412.9692 DEXNET | -8.20% |
| 100 AED | 6,309.1482 DEXNET | 6,825.9385 DEXNET | -8.20% |
| 1,000 AED | 63,091.4826 DEXNET | 68,259.3856 DEXNET | -8.20% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 5:05 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 63.09148 DEXNET | 101.4198 DEXNET | -60.76% |
| 5 AED | 315.4574 DEXNET | 507.09939 DEXNET | -60.76% |
| 10 AED | 630.9148 DEXNET | 1,014.1987 DEXNET | -60.76% |
| 50 AED | 3,154.5741 DEXNET | 5,070.9939 DEXNET | -60.76% |
| 100 AED | 6,309.1482 DEXNET | 10,141.9878 DEXNET | -60.76% |
| 1,000 AED | 63,091.4826 DEXNET | 101,419.8782 DEXNET | -60.76% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 5:05 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 63.09148 DEXNET | 14.1823 DEXNET | +77.52% |
| 5 AED | 315.4574 DEXNET | 70.9119 DEXNET | +77.52% |
| 10 AED | 630.9148 DEXNET | 141.8238 DEXNET | +77.52% |
| 50 AED | 3,154.5741 DEXNET | 709.1192 DEXNET | +77.52% |
| 100 AED | 6,309.1482 DEXNET | 1,418.2385 DEXNET | +77.52% |
| 1,000 AED | 63,091.4826 DEXNET | 14,182.3854 DEXNET | +77.52% |