Convert AED to ML | Live Mintlayer Calculator
AED to ML price chart
AED to Mintlayer 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 Mintlayer
Mintlayer price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.01591 |
2 | 0.03182 |
3 | 0.04773 |
5 | 0.07956 |
10 | 0.1591 |
25 | 0.3978 |
50 | 0.7956 |
100 | 1.5912 |
1,000 | 15.9129 |
Saudi Arabian Riyal | |
|---|---|
1 | 62.8419 |
5 | 314.2096 |
10 | 628.4192 |
20 | 1,256.8385 |
50 | 3,142.09644 |
100 | 6,284.1928 |
200 | 12,568.3857 |
500 | 31,420.9644 |
1,000 | 62,841.9288 |
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Saudi Arabian Riyal to Mintlayer performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 62.8535 ML | 63.9795 ML | -1.80% |
| 5 AED | 314.2677 ML | 319.8976 ML | -1.80% |
| 10 AED | 628.5355 ML | 639.7952 ML | -1.80% |
| 50 AED | 3,142.6775 ML | 3,198.9763 ML | -1.80% |
| 100 AED | 6,285.3551 ML | 6,397.9526 ML | -1.80% |
| 1,000 AED | 62,853.5512 ML | 63,979.5265 ML | -1.80% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 62.8535 ML | 49.95 ML | +20.52% |
| 5 AED | 314.2677 ML | 249.7502 ML | +20.52% |
| 10 AED | 628.5355 ML | 499.5004 ML | +20.52% |
| 50 AED | 3,142.6775 ML | 2,497.5024 ML | +20.52% |
| 100 AED | 6,285.3551 ML | 4,995.004995 ML | +20.52% |
| 1,000 AED | 62,853.5512 ML | 49,950.04995 ML | +20.52% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 62.8535 ML | 16.276 ML | +74.10% |
| 5 AED | 314.2677 ML | 81.3802 ML | +74.10% |
| 10 AED | 628.5355 ML | 162.7604 ML | +74.10% |
| 50 AED | 3,142.6775 ML | 813.802 ML | +74.10% |
| 100 AED | 6,285.3551 ML | 1,627.6041 ML | +74.10% |
| 1,000 AED | 62,853.5512 ML | 16,276.04166 ML | +74.10% |