Convert AED to MEY | Live Mey Network Calculator
AED to MEY price chart
AED to Mey Network 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 Mey Network
Mey Network price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.2066 |
2 | 0.4133 |
3 | 0.62 |
5 | 1.03344 |
10 | 2.06688 |
25 | 5.1672 |
50 | 10.3344 |
100 | 20.6688 |
1,000 | 206.6883 |
Saudi Arabian Riyal | |
|---|---|
1 | 4.8382 |
5 | 24.191 |
10 | 48.382 |
20 | 96.764 |
50 | 241.9101 |
100 | 483.8203 |
200 | 967.6406 |
500 | 2,419.1016 |
1,000 | 4,838.2032 |
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Saudi Arabian Riyal to Mey Network performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:30 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 4.8426 MEY | 5.9952 MEY | -23.81% |
| 5 AED | 24.213 MEY | 29.976 MEY | -23.81% |
| 10 AED | 48.4261 MEY | 59.952 MEY | -23.81% |
| 50 AED | 242.1307 MEY | 299.7601 MEY | -23.81% |
| 100 AED | 484.2615 MEY | 599.5203 MEY | -23.81% |
| 1,000 AED | 4,842.615 MEY | 5,995.2038 MEY | -23.81% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:30 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 4.8426 MEY | 5.8173 MEY | -20.13% |
| 5 AED | 24.213 MEY | 29.08667 MEY | -20.13% |
| 10 AED | 48.4261 MEY | 58.1733 MEY | -20.13% |
| 50 AED | 242.1307 MEY | 290.8667 MEY | -20.13% |
| 100 AED | 484.2615 MEY | 581.7335 MEY | -20.13% |
| 1,000 AED | 4,842.615 MEY | 5,817.3356 MEY | -20.13% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:30 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 4.8426 MEY | 10.2406 MEY | -111.47% |
| 5 AED | 24.213 MEY | 51.2032 MEY | -111.47% |
| 10 AED | 48.4261 MEY | 102.4065 MEY | -111.47% |
| 50 AED | 242.1307 MEY | 512.03277 MEY | -111.47% |
| 100 AED | 484.2615 MEY | 1,024.06554 MEY | -111.47% |
| 1,000 AED | 4,842.615 MEY | 10,240.6554 MEY | -111.47% |