Convert AED to FRAX | Live Frax (prev. FXS) Calculator
AED to FRAX price chart
AED to Frax (prev. FXS) 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 Frax (prev. FXS)
Frax (prev. FXS) price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 1.5486 |
2 | 3.0973 |
3 | 4.6459 |
5 | 7.7432 |
10 | 15.4865 |
25 | 38.7162 |
50 | 77.4325 |
100 | 154.8651 |
1000 | 1548.651 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.6457 |
5 | 3.2286 |
10 | 6.4572 |
20 | 12.9144 |
50 | 32.2861 |
100 | 64.5723 |
200 | 129.1446 |
500 | 322.8616 |
1000 | 645.7232 |
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Saudi Arabian Riyal to Frax (prev. FXS) performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:10 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.6493 FRAX | 0.5464 FRAX | +15.84% |
| 5 AED | 3.2467 FRAX | 2.7322 FRAX | +15.84% |
| 10 AED | 6.4935 FRAX | 5.4644 FRAX | +15.84% |
| 50 AED | 32.4675 FRAX | 27.3224 FRAX | +15.84% |
| 100 AED | 64.935 FRAX | 54.6448 FRAX | +15.84% |
| 1000 AED | 649.3506 FRAX | 546.448 FRAX | +15.84% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:10 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.6493 FRAX | 0.6711 FRAX | -3.36% |
| 5 AED | 3.2467 FRAX | 3.3557 FRAX | -3.36% |
| 10 AED | 6.4935 FRAX | 6.7114 FRAX | -3.36% |
| 50 AED | 32.4675 FRAX | 33.557 FRAX | -3.36% |
| 100 AED | 64.935 FRAX | 67.114 FRAX | -3.36% |
| 1000 AED | 649.3506 FRAX | 671.1409 FRAX | -3.36% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:10 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.6493 FRAX | 0.1005 FRAX | +84.52% |
| 5 AED | 3.2467 FRAX | 0.5025 FRAX | +84.52% |
| 10 AED | 6.4935 FRAX | 1.005025 FRAX | +84.52% |
| 50 AED | 32.4675 FRAX | 5.02512 FRAX | +84.52% |
| 100 AED | 64.935 FRAX | 10.05025 FRAX | +84.52% |
| 1000 AED | 649.3506 FRAX | 100.5025 FRAX | +84.52% |