Convert AED to MATE | Live Mate Calculator
AED to MATE price chart
AED to Mate 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 Mate
Mate price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.002083 |
2 | 0.004167 |
3 | 0.006251 |
5 | 0.01041 |
10 | 0.02083 |
25 | 0.05209 |
50 | 0.1041 |
100 | 0.2083 |
1,000 | 2.08371 |
Saudi Arabian Riyal | |
|---|---|
1 | 479.9109 |
5 | 2,399.5549 |
10 | 4,799.1098 |
20 | 9,598.2196 |
50 | 23,995.5491 |
100 | 47,991.09838 |
200 | 95,982.1967 |
500 | 239,955.4919 |
1,000 | 479,910.9838 |
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Saudi Arabian Riyal to Mate performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:18 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 480.07681 MATE | 516.2622 MATE | -7.54% |
| 5 AED | 2,400.384 MATE | 2,581.3113 MATE | -7.54% |
| 10 AED | 4,800.7681 MATE | 5,162.6226 MATE | -7.54% |
| 50 AED | 24,003.8406 MATE | 25,813.113 MATE | -7.54% |
| 100 AED | 48,007.6812 MATE | 51,626.2261 MATE | -7.54% |
| 1,000 AED | 480,076.8122 MATE | 516,262.2612 MATE | -7.54% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:18 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 480.07681 MATE | 524.3838 MATE | -9.23% |
| 5 AED | 2,400.384 MATE | 2,621.9192 MATE | -9.23% |
| 10 AED | 4,800.7681 MATE | 5,243.8384 MATE | -9.23% |
| 50 AED | 24,003.8406 MATE | 26,219.1924 MATE | -9.23% |
| 100 AED | 48,007.6812 MATE | 52,438.3848 MATE | -9.23% |
| 1,000 AED | 480,076.8122 MATE | 524,383.8489 MATE | -9.23% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:18 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 480.07681 MATE | 362.5815 MATE | +24.47% |
| 5 AED | 2,400.384 MATE | 1,812.9079 MATE | +24.47% |
| 10 AED | 4,800.7681 MATE | 3,625.8158 MATE | +24.47% |
| 50 AED | 24,003.8406 MATE | 18,129.07904 MATE | +24.47% |
| 100 AED | 48,007.6812 MATE | 36,258.158 MATE | +24.47% |
| 1,000 AED | 480,076.8122 MATE | 362,581.5808 MATE | +24.47% |