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AED to MAX price chart
AED to Maxcoin 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 Maxcoin
Maxcoin price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.00629 |
2 | 0.01258 |
3 | 0.01887 |
5 | 0.03145 |
10 | 0.0629 |
25 | 0.1572 |
50 | 0.3145 |
100 | 0.629 |
1,000 | 6.2909 |
Saudi Arabian Riyal | |
|---|---|
1 | 158.9574 |
5 | 794.7871 |
10 | 1,589.5743 |
20 | 3,179.1486 |
50 | 7,947.8715 |
100 | 15,895.743 |
200 | 31,791.486 |
500 | 79,478.715 |
1,000 | 158,957.43 |
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Saudi Arabian Riyal to Maxcoin performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:32 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 158.9825 MAX | 158.9825 MAX | -- |
| 5 AED | 794.9125 MAX | 794.9125 MAX | -- |
| 10 AED | 1,589.8251 MAX | 1,589.8251 MAX | -- |
| 50 AED | 7,949.1255 MAX | 7,949.1255 MAX | -- |
| 100 AED | 15,898.2511 MAX | 15,898.2511 MAX | -- |
| 1,000 AED | 158,982.5119 MAX | 158,982.5119 MAX | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:32 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 158.9825 MAX | 158.9825 MAX | -- |
| 5 AED | 794.9125 MAX | 794.9125 MAX | -- |
| 10 AED | 1,589.8251 MAX | 1,589.8251 MAX | -- |
| 50 AED | 7,949.1255 MAX | 7,949.1255 MAX | -- |
| 100 AED | 15,898.2511 MAX | 15,898.2511 MAX | -- |
| 1,000 AED | 158,982.5119 MAX | 158,982.5119 MAX | -- |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:32 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 158.9825 MAX | 84.3881 MAX | +46.91% |
| 5 AED | 794.9125 MAX | 421.9409 MAX | +46.91% |
| 10 AED | 1,589.8251 MAX | 843.8818 MAX | +46.91% |
| 50 AED | 7,949.1255 MAX | 4,219.4092 MAX | +46.91% |
| 100 AED | 15,898.2511 MAX | 8,438.8185 MAX | +46.91% |
| 1,000 AED | 158,982.5119 MAX | 84,388.1856 MAX | +46.91% |