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AED to NSDX price chart
AED to NASDEX 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 NASDEX
NASDEX price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.007871 |
2 | 0.01574 |
3 | 0.02361 |
5 | 0.03935 |
10 | 0.07871 |
25 | 0.1967 |
50 | 0.3935 |
100 | 0.7871 |
1,000 | 7.8712 |
Saudi Arabian Riyal | |
|---|---|
1 | 127.0448 |
5 | 635.224 |
10 | 1,270.448 |
20 | 2,540.896 |
50 | 6,352.24 |
100 | 12,704.4801 |
200 | 25,408.9603 |
500 | 63,522.4009 |
1,000 | 127,044.8019 |
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Saudi Arabian Riyal to NASDEX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:10 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 127.1132 NSDX | 127.1132 NSDX | -- |
| 5 AED | 635.5662 NSDX | 635.5662 NSDX | -- |
| 10 AED | 1,271.1325 NSDX | 1,271.1325 NSDX | -- |
| 50 AED | 6,355.6628 NSDX | 6,355.6628 NSDX | -- |
| 100 AED | 12,711.3257 NSDX | 12,711.3257 NSDX | -- |
| 1,000 AED | 127,113.2579 NSDX | 127,113.2579 NSDX | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:10 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 127.1132 NSDX | 120.3659 NSDX | +5.30% |
| 5 AED | 635.5662 NSDX | 601.8295 NSDX | +5.30% |
| 10 AED | 1,271.1325 NSDX | 1,203.6591 NSDX | +5.30% |
| 50 AED | 6,355.6628 NSDX | 6,018.2956 NSDX | +5.30% |
| 100 AED | 12,711.3257 NSDX | 12,036.5912 NSDX | +5.30% |
| 1,000 AED | 127,113.2579 NSDX | 120,365.9123 NSDX | +5.30% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:10 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 127.1132 NSDX | 48.4966 NSDX | +61.84% |
| 5 AED | 635.5662 NSDX | 242.483 NSDX | +61.84% |
| 10 AED | 1,271.1325 NSDX | 484.966 NSDX | +61.84% |
| 50 AED | 6,355.6628 NSDX | 2,424.8302 NSDX | +61.84% |
| 100 AED | 12,711.3257 NSDX | 4,849.6605 NSDX | +61.84% |
| 1,000 AED | 127,113.2579 NSDX | 48,496.6052 NSDX | +61.84% |