Convert AED to MATES | Live MATES Calculator
AED to MATES price chart
AED to MATES 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 MATES
MATES price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{4}3220 |
2 | 0.{4}6441 |
3 | 0.{4}9662 |
5 | 0.000161 |
10 | 0.000322 |
25 | 0.0008051 |
50 | 0.00161 |
100 | 0.00322 |
1,000 | 0.0322 |
Saudi Arabian Riyal | |
|---|---|
1 | 31,049.2009 |
5 | 155,246.004681 |
10 | 310,492.009363 |
20 | 620,984.01872 |
50 | 1,552,460.04681 |
100 | 3,104,920.09363 |
200 | 6,209,840.1872 |
500 | 15,524,600.4681 |
1,000 | 31,049,200.9363 |
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Saudi Arabian Riyal to MATES performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:44 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 31,055.9006 MATES | 29,351.3354 MATES | +5.48% |
| 5 AED | 155,279.5031 MATES | 146,756.6774 MATES | +5.48% |
| 10 AED | 310,559.006211 MATES | 293,513.3548 MATES | +5.48% |
| 50 AED | 1,552,795.03105 MATES | 1,467,566.7742 MATES | +5.48% |
| 100 AED | 3,105,590.06211 MATES | 2,935,133.5485 MATES | +5.48% |
| 1,000 AED | 31,055,900.6211 MATES | 29,351,335.4857 MATES | +5.48% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:44 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 31,055.9006 MATES | 23,479.69 MATES | +24.39% |
| 5 AED | 155,279.5031 MATES | 117,398.4503 MATES | +24.39% |
| 10 AED | 310,559.006211 MATES | 234,796.9006 MATES | +24.39% |
| 50 AED | 1,552,795.03105 MATES | 1,173,984.5034 MATES | +24.39% |
| 100 AED | 3,105,590.06211 MATES | 2,347,969.006809 MATES | +24.39% |
| 1,000 AED | 31,055,900.6211 MATES | 23,479,690.06809 MATES | +24.39% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:44 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 31,055.9006 MATES | 5,875.4406 MATES | +81.08% |
| 5 AED | 155,279.5031 MATES | 29,377.2032 MATES | +81.08% |
| 10 AED | 310,559.006211 MATES | 58,754.4065 MATES | +81.08% |
| 50 AED | 1,552,795.03105 MATES | 293,772.0329 MATES | +81.08% |
| 100 AED | 3,105,590.06211 MATES | 587,544.0658 MATES | +81.08% |
| 1,000 AED | 31,055,900.6211 MATES | 5,875,440.658 MATES | +81.08% |