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AED to EURI price chart
AED to Eurite 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 Eurite
Eurite price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 4.2601 |
2 | 8.5202 |
3 | 12.7803 |
5 | 21.3005 |
10 | 42.601 |
25 | 106.5025 |
50 | 213.005 |
100 | 426.01 |
1,000 | 4,260.1 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2347 |
5 | 1.1736 |
10 | 2.3473 |
20 | 4.6947 |
50 | 11.7368 |
100 | 23.4736 |
200 | 46.9472 |
500 | 117.3681 |
1,000 | 234.7362 |
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Saudi Arabian Riyal to Eurite performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2347 EURI | 0.2369 EURI | -0.95% |
| 5 AED | 1.1737 EURI | 1.1848 EURI | -0.95% |
| 10 AED | 2.3474 EURI | 2.3696 EURI | -0.95% |
| 50 AED | 11.737 EURI | 11.8483 EURI | -0.95% |
| 100 AED | 23.4741 EURI | 23.6966 EURI | -0.95% |
| 1,000 AED | 234.7417 EURI | 236.9668 EURI | -0.95% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2347 EURI | 0.2386 EURI | -1.68% |
| 5 AED | 1.1737 EURI | 1.1933 EURI | -1.68% |
| 10 AED | 2.3474 EURI | 2.3866 EURI | -1.68% |
| 50 AED | 11.737 EURI | 11.9331 EURI | -1.68% |
| 100 AED | 23.4741 EURI | 23.8663 EURI | -1.68% |
| 1,000 AED | 234.7417 EURI | 238.6634 EURI | -1.68% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2347 EURI | 0.2325 EURI | +0.93% |
| 5 AED | 1.1737 EURI | 1.1627 EURI | +0.93% |
| 10 AED | 2.3474 EURI | 2.3255 EURI | +0.93% |
| 50 AED | 11.737 EURI | 11.6279 EURI | +0.93% |
| 100 AED | 23.4741 EURI | 23.2558 EURI | +0.93% |
| 1,000 AED | 234.7417 EURI | 232.5581 EURI | +0.93% |