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 | 0.171 |
2 | 0.342 |
3 | 0.513 |
5 | 0.855 |
10 | 1.7101 |
25 | 4.2753 |
50 | 8.5507 |
100 | 17.1014 |
1,000 | 171.01488 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.8474 |
5 | 29.2372 |
10 | 58.4744 |
20 | 116.9488 |
50 | 292.3722 |
100 | 584.7444 |
200 | 1,169.4888 |
500 | 2,923.7221 |
1,000 | 5,847.4443 |
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Saudi Arabian Riyal to Treasure performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:18 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.8927 MAGIC | 6.6489 MAGIC | -12.84% |
| 5 AED | 29.4637 MAGIC | 33.2446 MAGIC | -12.84% |
| 10 AED | 58.9275 MAGIC | 66.4893 MAGIC | -12.84% |
| 50 AED | 294.6375 MAGIC | 332.4468 MAGIC | -12.84% |
| 100 AED | 589.2751 MAGIC | 664.8936 MAGIC | -12.84% |
| 1,000 AED | 5,892.7519 MAGIC | 6,648.9361 MAGIC | -12.84% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:18 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.8927 MAGIC | 6.4935 MAGIC | -10.20% |
| 5 AED | 29.4637 MAGIC | 32.4675 MAGIC | -10.20% |
| 10 AED | 58.9275 MAGIC | 64.935 MAGIC | -10.20% |
| 50 AED | 294.6375 MAGIC | 324.6753 MAGIC | -10.20% |
| 100 AED | 589.2751 MAGIC | 649.3506 MAGIC | -10.20% |
| 1,000 AED | 5,892.7519 MAGIC | 6,493.5064 MAGIC | -10.20% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:18 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.8927 MAGIC | 1.1149 MAGIC | +81.07% |
| 5 AED | 29.4637 MAGIC | 5.5747 MAGIC | +81.07% |
| 10 AED | 58.9275 MAGIC | 11.1495 MAGIC | +81.07% |
| 50 AED | 294.6375 MAGIC | 55.7475 MAGIC | +81.07% |
| 100 AED | 589.2751 MAGIC | 111.4951 MAGIC | +81.07% |
| 1,000 AED | 5,892.7519 MAGIC | 1,114.9514 MAGIC | +81.07% |