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AED to DAO price chart
AED to Distributed Autonomous Organization 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 Distributed Autonomous Organization
Distributed Autonomous Organization price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1502 |
2 | 0.3005 |
3 | 0.4508 |
5 | 0.7513 |
10 | 1.5027 |
25 | 3.7568 |
50 | 7.5137 |
100 | 15.02746 |
1,000 | 150.2746 |
Saudi Arabian Riyal | |
|---|---|
1 | 6.6544 |
5 | 33.2724 |
10 | 66.5448 |
20 | 133.08968 |
50 | 332.7242 |
100 | 665.4484 |
200 | 1,330.8968 |
500 | 3,327.242 |
1,000 | 6,654.4841 |
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Saudi Arabian Riyal to Distributed Autonomous Organization performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:36 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 6.6577 DAO | 5.8927 DAO | +11.49% |
| 5 AED | 33.2889 DAO | 29.4637 DAO | +11.49% |
| 10 AED | 66.5778 DAO | 58.9275 DAO | +11.49% |
| 50 AED | 332.8894 DAO | 294.6375 DAO | +11.49% |
| 100 AED | 665.7789 DAO | 589.2751 DAO | +11.49% |
| 1,000 AED | 6,657.7896 DAO | 5,892.7519 DAO | +11.49% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:36 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 6.6577 DAO | 5.6433 DAO | +15.23% |
| 5 AED | 33.2889 DAO | 28.2167 DAO | +15.23% |
| 10 AED | 66.5778 DAO | 56.4334 DAO | +15.23% |
| 50 AED | 332.8894 DAO | 282.167 DAO | +15.23% |
| 100 AED | 665.7789 DAO | 564.334 DAO | +15.23% |
| 1,000 AED | 6,657.7896 DAO | 5,643.3408 DAO | +15.23% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:36 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 6.6577 DAO | 14.9142 DAO | -124.02% |
| 5 AED | 33.2889 DAO | 74.5712 DAO | -124.02% |
| 10 AED | 66.5778 DAO | 149.1424 DAO | -124.02% |
| 50 AED | 332.8894 DAO | 745.7121 DAO | -124.02% |
| 100 AED | 665.7789 DAO | 1,491.4243 DAO | -124.02% |
| 1,000 AED | 6,657.7896 DAO | 14,914.2431 DAO | -124.02% |