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 | 0.9968 |
2 | 1.9937 |
3 | 2.9905 |
5 | 4.9842 |
10 | 9.9685 |
25 | 24.9213 |
50 | 49.8426 |
100 | 99.6852 |
1,000 | 996.8522 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.003157 |
5 | 5.01578 |
10 | 10.03157 |
20 | 20.06315 |
50 | 50.1578 |
100 | 100.3157 |
200 | 200.6315 |
500 | 501.5788 |
1,000 | 1,003.1577 |
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Saudi Arabian Riyal to Frax (prev. FXS) performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 5:26 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.00321 FRAX | 0.9523 FRAX | +5.06% |
| 5 AED | 5.01605 FRAX | 4.7619 FRAX | +5.06% |
| 10 AED | 10.0321 FRAX | 9.5238 FRAX | +5.06% |
| 50 AED | 50.1605 FRAX | 47.619 FRAX | +5.06% |
| 100 AED | 100.321 FRAX | 95.238 FRAX | +5.06% |
| 1,000 AED | 1,003.2102 FRAX | 952.3809 FRAX | +5.06% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 5:26 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.00321 FRAX | 1.0103 FRAX | -0.71% |
| 5 AED | 5.01605 FRAX | 5.05152 FRAX | -0.71% |
| 10 AED | 10.0321 FRAX | 10.103 FRAX | -0.71% |
| 50 AED | 50.1605 FRAX | 50.5152 FRAX | -0.71% |
| 100 AED | 100.321 FRAX | 101.03051 FRAX | -0.71% |
| 1,000 AED | 1,003.2102 FRAX | 1,010.3051 FRAX | -0.71% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 5:26 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.00321 FRAX | 0.09794 FRAX | +90.23% |
| 5 AED | 5.01605 FRAX | 0.4897 FRAX | +90.23% |
| 10 AED | 10.0321 FRAX | 0.9794 FRAX | +90.23% |
| 50 AED | 50.1605 FRAX | 4.8971 FRAX | +90.23% |
| 100 AED | 100.321 FRAX | 9.7943 FRAX | +90.23% |
| 1,000 AED | 1,003.2102 FRAX | 97.9431 FRAX | +90.23% |