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 | 0.1889 |
2 | 0.3778 |
3 | 0.5667 |
5 | 0.9445 |
10 | 1.8891 |
25 | 4.7228 |
50 | 9.4456 |
100 | 18.8913 |
1000 | 188.9134 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.2934 |
5 | 26.4671 |
10 | 52.9343 |
20 | 105.8686 |
50 | 264.6715 |
100 | 529.343 |
200 | 1058.6861 |
500 | 2646.7153 |
1000 | 5293.4307 |
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Saudi Arabian Riyal to Mey Network performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:08 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.2994 MEY | 4.8309 MEY | +8.84% |
| 5 AED | 26.497 MEY | 24.1545 MEY | +8.84% |
| 10 AED | 52.9941 MEY | 48.3091 MEY | +8.84% |
| 50 AED | 264.9708 MEY | 241.5458 MEY | +8.84% |
| 100 AED | 529.9417 MEY | 483.09178 MEY | +8.84% |
| 1000 AED | 5299.417 MEY | 4830.9178 MEY | +8.84% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:08 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.2994 MEY | 3.7764 MEY | +28.73% |
| 5 AED | 26.497 MEY | 18.8821 MEY | +28.73% |
| 10 AED | 52.9941 MEY | 37.7643 MEY | +28.73% |
| 50 AED | 264.9708 MEY | 188.8217 MEY | +28.73% |
| 100 AED | 529.9417 MEY | 377.6435 MEY | +28.73% |
| 1000 AED | 5299.417 MEY | 3776.435 MEY | +28.73% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:08 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.2994 MEY | 7.9239 MEY | -49.53% |
| 5 AED | 26.497 MEY | 39.6196 MEY | -49.53% |
| 10 AED | 52.9941 MEY | 79.2393 MEY | -49.53% |
| 50 AED | 264.9708 MEY | 396.1965 MEY | -49.53% |
| 100 AED | 529.9417 MEY | 792.393 MEY | -49.53% |
| 1000 AED | 5299.417 MEY | 7923.9302 MEY | -49.53% |