Convert AED to MTD | Live Minted Calculator
AED to MTD price chart
AED to Minted 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 Minted
Minted price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.005905 |
2 | 0.01181 |
3 | 0.01771 |
5 | 0.02952 |
10 | 0.05905 |
25 | 0.1476 |
50 | 0.2952 |
100 | 0.5905 |
1,000 | 5.9053 |
Saudi Arabian Riyal | |
|---|---|
1 | 169.3371 |
5 | 846.6855 |
10 | 1,693.3711 |
20 | 3,386.7422 |
50 | 8,466.8556 |
100 | 16,933.7112 |
200 | 33,867.4225 |
500 | 84,668.5564 |
1,000 | 169,337.1129 |
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Saudi Arabian Riyal to Minted performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:05 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 169.03313 MTD | 163.559 MTD | +3.23% |
| 5 AED | 845.1656 MTD | 817.7952 MTD | +3.23% |
| 10 AED | 1,690.3313 MTD | 1,635.5904 MTD | +3.23% |
| 50 AED | 8,451.6565 MTD | 8,177.9522 MTD | +3.23% |
| 100 AED | 16,903.313 MTD | 16,355.9044 MTD | +3.23% |
| 1,000 AED | 169,033.1304 MTD | 163,559.04481 MTD | +3.23% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:05 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 169.03313 MTD | 126.1829 MTD | +25.35% |
| 5 AED | 845.1656 MTD | 630.9148 MTD | +25.35% |
| 10 AED | 1,690.3313 MTD | 1,261.8296 MTD | +25.35% |
| 50 AED | 8,451.6565 MTD | 6,309.1482 MTD | +25.35% |
| 100 AED | 16,903.313 MTD | 12,618.2965 MTD | +25.35% |
| 1,000 AED | 169,033.1304 MTD | 126,182.9652 MTD | +25.35% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:05 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 169.03313 MTD | 47.2589 MTD | +72.04% |
| 5 AED | 845.1656 MTD | 236.2948 MTD | +72.04% |
| 10 AED | 1,690.3313 MTD | 472.5897 MTD | +72.04% |
| 50 AED | 8,451.6565 MTD | 2,362.9489 MTD | +72.04% |
| 100 AED | 16,903.313 MTD | 4,725.8979 MTD | +72.04% |
| 1,000 AED | 169,033.1304 MTD | 47,258.9792 MTD | +72.04% |