Convert AED to MIMATIC | Live MAI Calculator
AED to MIMATIC price chart
AED to MAI 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 MAI
MAI price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 3.595 |
2 | 7.19 |
3 | 10.785 |
5 | 17.975 |
10 | 35.9501 |
25 | 89.8752 |
50 | 179.7505 |
100 | 359.501 |
1,000 | 3,595.01025 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2781 |
5 | 1.3908 |
10 | 2.7816 |
20 | 5.5632 |
50 | 13.9081 |
100 | 27.8163 |
200 | 55.6326 |
500 | 139.08166 |
1,000 | 278.1633 |
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Saudi Arabian Riyal to MAI performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:06 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2785 MIMATIC | 0.2865 MIMATIC | -2.87% |
| 5 AED | 1.3927 MIMATIC | 1.4326 MIMATIC | -2.87% |
| 10 AED | 2.7855 MIMATIC | 2.8653 MIMATIC | -2.87% |
| 50 AED | 13.9275 MIMATIC | 14.3266 MIMATIC | -2.87% |
| 100 AED | 27.8551 MIMATIC | 28.6532 MIMATIC | -2.87% |
| 1,000 AED | 278.5515 MIMATIC | 286.5329 MIMATIC | -2.87% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:06 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2785 MIMATIC | 0.2739 MIMATIC | +1.64% |
| 5 AED | 1.3927 MIMATIC | 1.3698 MIMATIC | +1.64% |
| 10 AED | 2.7855 MIMATIC | 2.7397 MIMATIC | +1.64% |
| 50 AED | 13.9275 MIMATIC | 13.6986 MIMATIC | +1.64% |
| 100 AED | 27.8551 MIMATIC | 27.3972 MIMATIC | +1.64% |
| 1,000 AED | 278.5515 MIMATIC | 273.9726 MIMATIC | +1.64% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:06 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2785 MIMATIC | 0.7352 MIMATIC | -163.98% |
| 5 AED | 1.3927 MIMATIC | 3.6764 MIMATIC | -163.98% |
| 10 AED | 2.7855 MIMATIC | 7.3529 MIMATIC | -163.98% |
| 50 AED | 13.9275 MIMATIC | 36.7647 MIMATIC | -163.98% |
| 100 AED | 27.8551 MIMATIC | 73.5294 MIMATIC | -163.98% |
| 1,000 AED | 278.5515 MIMATIC | 735.2941 MIMATIC | -163.98% |