Convert AED to MAGIC | Live Treasure Calculator
AED to MAGIC price chart
AED to Treasure 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 Treasure
Treasure price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.3327 |
2 | 0.6655 |
3 | 0.9983 |
5 | 1.6639 |
10 | 3.3279 |
25 | 8.3198 |
50 | 16.6396 |
100 | 33.2792 |
1,000 | 332.7928 |
Saudi Arabian Riyal | |
|---|---|
1 | 3.004871 |
5 | 15.02435 |
10 | 30.04871 |
20 | 60.09743 |
50 | 150.2435 |
100 | 300.4871 |
200 | 600.9743 |
500 | 1,502.4359 |
1,000 | 3,004.8719 |
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Saudi Arabian Riyal to Treasure performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:06 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 3.05623 MAGIC | 3.2206 MAGIC | -5.38% |
| 5 AED | 15.2811 MAGIC | 16.103 MAGIC | -5.38% |
| 10 AED | 30.5623 MAGIC | 32.2061 MAGIC | -5.38% |
| 50 AED | 152.8117 MAGIC | 161.03059 MAGIC | -5.38% |
| 100 AED | 305.6234 MAGIC | 322.06119 MAGIC | -5.38% |
| 1,000 AED | 3,056.2347 MAGIC | 3,220.6119 MAGIC | -5.38% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:06 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 3.05623 MAGIC | 3.7835 MAGIC | -23.80% |
| 5 AED | 15.2811 MAGIC | 18.9178 MAGIC | -23.80% |
| 10 AED | 30.5623 MAGIC | 37.8357 MAGIC | -23.80% |
| 50 AED | 152.8117 MAGIC | 189.1789 MAGIC | -23.80% |
| 100 AED | 305.6234 MAGIC | 378.3579 MAGIC | -23.80% |
| 1,000 AED | 3,056.2347 MAGIC | 3,783.5792 MAGIC | -23.80% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:06 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 3.05623 MAGIC | 2.3952 MAGIC | +21.62% |
| 5 AED | 15.2811 MAGIC | 11.976 MAGIC | +21.62% |
| 10 AED | 30.5623 MAGIC | 23.952 MAGIC | +21.62% |
| 50 AED | 152.8117 MAGIC | 119.7604 MAGIC | +21.62% |
| 100 AED | 305.6234 MAGIC | 239.5209 MAGIC | +21.62% |
| 1,000 AED | 3,056.2347 MAGIC | 2,395.2095 MAGIC | +21.62% |