Convert AED to ME | Live Magic Eden Calculator
AED to ME price chart
AED to Magic Eden 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 Magic Eden
Magic Eden price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1687 |
2 | 0.3375 |
3 | 0.5063 |
5 | 0.8439 |
10 | 1.6878 |
25 | 4.2197 |
50 | 8.4394 |
100 | 16.8788 |
1,000 | 168.7881 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.9245 |
5 | 29.6229 |
10 | 59.2458 |
20 | 118.4917 |
50 | 296.2294 |
100 | 592.4588 |
200 | 1,184.9176 |
500 | 2,962.2941 |
1,000 | 5,924.5882 |
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Saudi Arabian Riyal to Magic Eden performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:29 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.9737 ME | 5.7175 ME | +4.28% |
| 5 AED | 29.8685 ME | 28.5877 ME | +4.28% |
| 10 AED | 59.7371 ME | 57.1755 ME | +4.28% |
| 50 AED | 298.6857 ME | 285.8776 ME | +4.28% |
| 100 AED | 597.3715 ME | 571.7552 ME | +4.28% |
| 1,000 AED | 5,973.7156 ME | 5,717.5528 ME | +4.28% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:29 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.9737 ME | 3.7907 ME | +36.54% |
| 5 AED | 29.8685 ME | 18.9537 ME | +36.54% |
| 10 AED | 59.7371 ME | 37.9075 ME | +36.54% |
| 50 AED | 298.6857 ME | 189.5375 ME | +36.54% |
| 100 AED | 597.3715 ME | 379.07505 ME | +36.54% |
| 1,000 AED | 5,973.7156 ME | 3,790.7505 ME | +36.54% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:29 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.9737 ME | 0.6849 ME | +88.53% |
| 5 AED | 29.8685 ME | 3.4246 ME | +88.53% |
| 10 AED | 59.7371 ME | 6.8493 ME | +88.53% |
| 50 AED | 298.6857 ME | 34.2465 ME | +88.53% |
| 100 AED | 597.3715 ME | 68.4931 ME | +88.53% |
| 1,000 AED | 5,973.7156 ME | 684.9315 ME | +88.53% |