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AED to FAFO price chart
AED to FAFO 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 FAFO
FAFO price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.000885 |
2 | 0.00177 |
3 | 0.002655 |
5 | 0.004425 |
10 | 0.00885 |
25 | 0.02212 |
50 | 0.04425 |
100 | 0.0885 |
1,000 | 0.885 |
Saudi Arabian Riyal | |
|---|---|
1 | 1,129.8509 |
5 | 5,649.2547 |
10 | 11,298.5094 |
20 | 22,597.01888 |
50 | 56,492.5472 |
100 | 112,985.09444 |
200 | 225,970.1888 |
500 | 564,925.4722 |
1,000 | 1,129,850.9444 |
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Saudi Arabian Riyal to FAFO performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:59 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1,129.9435 FAFO | 1,249.0632 FAFO | -10.55% |
| 5 AED | 5,649.7175 FAFO | 6,245.316 FAFO | -10.55% |
| 10 AED | 11,299.435 FAFO | 12,490.632 FAFO | -10.55% |
| 50 AED | 56,497.1751 FAFO | 62,453.1601 FAFO | -10.55% |
| 100 AED | 112,994.3502 FAFO | 124,906.3202 FAFO | -10.55% |
| 1,000 AED | 1,129,943.5028 FAFO | 1,249,063.2025 FAFO | -10.55% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:59 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1,129.9435 FAFO | 1,205.9816 FAFO | -6.73% |
| 5 AED | 5,649.7175 FAFO | 6,029.9083 FAFO | -6.73% |
| 10 AED | 11,299.435 FAFO | 12,059.8166 FAFO | -6.73% |
| 50 AED | 56,497.1751 FAFO | 60,299.08345 FAFO | -6.73% |
| 100 AED | 112,994.3502 FAFO | 120,598.1669 FAFO | -6.73% |
| 1,000 AED | 1,129,943.5028 FAFO | 1,205,981.669 FAFO | -6.73% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:59 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1,129.9435 FAFO | 537.9236 FAFO | +52.39% |
| 5 AED | 5,649.7175 FAFO | 2,689.618 FAFO | +52.39% |
| 10 AED | 11,299.435 FAFO | 5,379.2361 FAFO | +52.39% |
| 50 AED | 56,497.1751 FAFO | 26,896.1807 FAFO | +52.39% |
| 100 AED | 112,994.3502 FAFO | 53,792.3614 FAFO | +52.39% |
| 1,000 AED | 1,129,943.5028 FAFO | 537,923.6148 FAFO | +52.39% |