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AED to MORPHO price chart
AED to Morpho 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 Morpho
Morpho price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 7.01447 |
2 | 14.02895 |
3 | 21.04342 |
5 | 35.07237 |
10 | 70.1447 |
25 | 175.3618 |
50 | 350.7237 |
100 | 701.4475 |
1000 | 7014.475 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.1425 |
5 | 0.7128 |
10 | 1.4256 |
20 | 2.8512 |
50 | 7.1281 |
100 | 14.2562 |
200 | 28.5124 |
500 | 71.2811 |
1000 | 142.5623 |
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Saudi Arabian Riyal to Morpho performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:13 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.1426 MORPHO | 0.1472 MORPHO | -3.25% |
| 5 AED | 0.7132 MORPHO | 0.7363 MORPHO | -3.25% |
| 10 AED | 1.4265 MORPHO | 1.4727 MORPHO | -3.25% |
| 50 AED | 7.1326 MORPHO | 7.3637 MORPHO | -3.25% |
| 100 AED | 14.2653 MORPHO | 14.7275 MORPHO | -3.25% |
| 1000 AED | 142.6533 MORPHO | 147.2754 MORPHO | -3.25% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:13 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.1426 MORPHO | 0.2288 MORPHO | -60.42% |
| 5 AED | 0.7132 MORPHO | 1.1441 MORPHO | -60.42% |
| 10 AED | 1.4265 MORPHO | 2.2883 MORPHO | -60.42% |
| 50 AED | 7.1326 MORPHO | 11.4416 MORPHO | -60.42% |
| 100 AED | 14.2653 MORPHO | 22.8832 MORPHO | -60.42% |
| 1000 AED | 142.6533 MORPHO | 228.8329 MORPHO | -60.42% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:13 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.1426 MORPHO | 0.1347 MORPHO | +5.52% |
| 5 AED | 0.7132 MORPHO | 0.6738 MORPHO | +5.52% |
| 10 AED | 1.4265 MORPHO | 1.3477 MORPHO | +5.52% |
| 50 AED | 7.1326 MORPHO | 6.7385 MORPHO | +5.52% |
| 100 AED | 14.2653 MORPHO | 13.477 MORPHO | +5.52% |
| 1000 AED | 142.6533 MORPHO | 134.7708 MORPHO | +5.52% |