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AED to NEO price chart
AED to Neo 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 Neo
Neo price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 10.5768 |
2 | 21.1536 |
3 | 31.7304 |
5 | 52.884 |
10 | 105.768 |
25 | 264.42 |
50 | 528.84 |
100 | 1057.68 |
1000 | 10576.8 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.09454 |
5 | 0.4727 |
10 | 0.9454 |
20 | 1.8909 |
50 | 4.7273 |
100 | 9.4546 |
200 | 18.9093 |
500 | 47.2732 |
1000 | 94.5465 |
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Saudi Arabian Riyal to Neo performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:19 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.09451 NEO | 0.09587 NEO | -1.44% |
| 5 AED | 0.4725 NEO | 0.4793 NEO | -1.44% |
| 10 AED | 0.9451 NEO | 0.9587 NEO | -1.44% |
| 50 AED | 4.7258 NEO | 4.7938 NEO | -1.44% |
| 100 AED | 9.4517 NEO | 9.5877 NEO | -1.44% |
| 1000 AED | 94.5179 NEO | 95.8772 NEO | -1.44% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:19 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.09451 NEO | 0.09487 NEO | -0.38% |
| 5 AED | 0.4725 NEO | 0.4743 NEO | -0.38% |
| 10 AED | 0.9451 NEO | 0.9487 NEO | -0.38% |
| 50 AED | 4.7258 NEO | 4.7438 NEO | -0.38% |
| 100 AED | 9.4517 NEO | 9.4876 NEO | -0.38% |
| 1000 AED | 94.5179 NEO | 94.8766 NEO | -0.38% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:19 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.09451 NEO | 0.04215 NEO | +55.39% |
| 5 AED | 0.4725 NEO | 0.2107 NEO | +55.39% |
| 10 AED | 0.9451 NEO | 0.4215 NEO | +55.39% |
| 50 AED | 4.7258 NEO | 2.1079 NEO | +55.39% |
| 100 AED | 9.4517 NEO | 4.2158 NEO | +55.39% |
| 1000 AED | 94.5179 NEO | 42.1585 NEO | +55.39% |