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AED to ETF price chart
AED to ETF 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 ETF
ETF price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{8}5974 |
2 | 0.{7}1194 |
3 | 0.{7}1792 |
5 | 0.{7}2987 |
10 | 0.{7}5974 |
25 | 0.{6}1493 |
50 | 0.{6}2987 |
100 | 0.{6}5974 |
1,000 | 0.{5}5974 |
Saudi Arabian Riyal | |
|---|---|
1 | 167,364,162.3922 |
5 | 836,820,811.9612 |
10 | 1,673,641,623.9224 |
20 | 3,347,283,247.8448 |
50 | 8,368,208,119.612 |
100 | 16,736,416,239.2241 |
200 | 33,472,832,478.4483 |
500 | 83,682,081,196.1208 |
1,000 | 167,364,162,392.2417 |
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Saudi Arabian Riyal to ETF performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.06587 ETF | 1.3187 ETF | -23.73% |
| 5 AED | 5.3293 ETF | 6.5936 ETF | -23.73% |
| 10 AED | 10.6587 ETF | 13.1873 ETF | -23.73% |
| 50 AED | 53.2935 ETF | 65.9369 ETF | -23.73% |
| 100 AED | 106.587 ETF | 131.8739 ETF | -23.73% |
| 1,000 AED | 1,065.8708 ETF | 1,318.7392 ETF | -23.73% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.06587 ETF | 1.1851 ETF | -11.19% |
| 5 AED | 5.3293 ETF | 5.9255 ETF | -11.19% |
| 10 AED | 10.6587 ETF | 11.8511 ETF | -11.19% |
| 50 AED | 53.2935 ETF | 59.2557 ETF | -11.19% |
| 100 AED | 106.587 ETF | 118.5114 ETF | -11.19% |
| 1,000 AED | 1,065.8708 ETF | 1,185.1149 ETF | -11.19% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.06587 ETF | 9.8716 ETF | -826.16% |
| 5 AED | 5.3293 ETF | 49.3583 ETF | -826.16% |
| 10 AED | 10.6587 ETF | 98.7166 ETF | -826.16% |
| 50 AED | 53.2935 ETF | 493.5834 ETF | -826.16% |
| 100 AED | 106.587 ETF | 987.1668 ETF | -826.16% |
| 1,000 AED | 1,065.8708 ETF | 9,871.6683 ETF | -826.16% |