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AED to XMT price chart
AED to MetalSwap 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 MetalSwap
MetalSwap price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.03415 |
2 | 0.06831 |
3 | 0.1024 |
5 | 0.1707 |
10 | 0.3415 |
25 | 0.8539 |
50 | 1.7079 |
100 | 3.4158 |
1,000 | 34.1589 |
Saudi Arabian Riyal | |
|---|---|
1 | 29.2749 |
5 | 146.3747 |
10 | 292.7494 |
20 | 585.4989 |
50 | 1,463.7473 |
100 | 2,927.4947 |
200 | 5,854.9894 |
500 | 14,637.4736 |
1,000 | 29,274.9473 |
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Saudi Arabian Riyal to MetalSwap performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:53 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 29.2825 XMT | 29.2397 XMT | +0.14% |
| 5 AED | 146.4128 XMT | 146.1988 XMT | +0.14% |
| 10 AED | 292.8257 XMT | 292.3976 XMT | +0.14% |
| 50 AED | 1,464.1288 XMT | 1,461.9883 XMT | +0.14% |
| 100 AED | 2,928.2576 XMT | 2,923.9766 XMT | +0.14% |
| 1,000 AED | 29,282.5768 XMT | 29,239.766 XMT | +0.14% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:53 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 29.2825 XMT | 24.777 XMT | +15.38% |
| 5 AED | 146.4128 XMT | 123.885 XMT | +15.38% |
| 10 AED | 292.8257 XMT | 247.77 XMT | +15.38% |
| 50 AED | 1,464.1288 XMT | 1,238.8503 XMT | +15.38% |
| 100 AED | 2,928.2576 XMT | 2,477.7006 XMT | +15.38% |
| 1,000 AED | 29,282.5768 XMT | 24,777.006937 XMT | +15.38% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:53 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 29.2825 XMT | 15.1607 XMT | +48.22% |
| 5 AED | 146.4128 XMT | 75.8035 XMT | +48.22% |
| 10 AED | 292.8257 XMT | 151.607 XMT | +48.22% |
| 50 AED | 1,464.1288 XMT | 758.03517 XMT | +48.22% |
| 100 AED | 2,928.2576 XMT | 1,516.07034 XMT | +48.22% |
| 1,000 AED | 29,282.5768 XMT | 15,160.7034 XMT | +48.22% |