Convert AED to GMIX | Live One Calculator
AED to GMIX price chart
AED to One 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 One
One price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.03523 |
2 | 0.07047 |
3 | 0.1057 |
5 | 0.1761 |
10 | 0.3523 |
25 | 0.8809 |
50 | 1.7618 |
100 | 3.5237 |
1,000 | 35.2378 |
Saudi Arabian Riyal | |
|---|---|
1 | 28.3786 |
5 | 141.893 |
10 | 283.7861 |
20 | 567.5722 |
50 | 1,418.9307 |
100 | 2,837.8614 |
200 | 5,675.7228 |
500 | 14,189.307 |
1,000 | 28,378.614 |
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Saudi Arabian Riyal to One performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:40 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 28.3848 GMIX | 31.3676 GMIX | -10.51% |
| 5 AED | 141.9244 GMIX | 156.8381 GMIX | -10.51% |
| 10 AED | 283.8489 GMIX | 313.6762 GMIX | -10.51% |
| 50 AED | 1,419.2449 GMIX | 1,568.3814 GMIX | -10.51% |
| 100 AED | 2,838.4899 GMIX | 3,136.7628 GMIX | -10.51% |
| 1,000 AED | 28,384.8992 GMIX | 31,367.6286 GMIX | -10.51% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:40 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 28.3848 GMIX | 31.2207 GMIX | -10.00% |
| 5 AED | 141.9244 GMIX | 156.1036 GMIX | -10.00% |
| 10 AED | 283.8489 GMIX | 312.2073 GMIX | -10.00% |
| 50 AED | 1,419.2449 GMIX | 1,561.03652 GMIX | -10.00% |
| 100 AED | 2,838.4899 GMIX | 3,122.07305 GMIX | -10.00% |
| 1,000 AED | 28,384.8992 GMIX | 31,220.7305 GMIX | -10.00% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:40 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 28.3848 GMIX | 30.9405 GMIX | -9.01% |
| 5 AED | 141.9244 GMIX | 154.7029 GMIX | -9.01% |
| 10 AED | 283.8489 GMIX | 309.4059 GMIX | -9.01% |
| 50 AED | 1,419.2449 GMIX | 1,547.0297 GMIX | -9.01% |
| 100 AED | 2,838.4899 GMIX | 3,094.0594 GMIX | -9.01% |
| 1,000 AED | 28,384.8992 GMIX | 30,940.594 GMIX | -9.01% |