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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 | 0.{13}1864 |
2 | 0.{13}3728 |
3 | 0.{13}5593 |
5 | 0.{13}9322 |
10 | 0.{12}1864 |
25 | 0.{12}4661 |
50 | 0.{12}9322 |
100 | 0.{11}1864 |
1,000 | 0.{10}1864 |
Saudi Arabian Riyal | |
|---|---|
1 | 53,636,132,903,471.9097 |
5 | 268,180,664,517,359.5489 |
10 | 536,361,329,034,719.09792 |
20 | 1,072,722,658,069,438.1958 |
50 | 2,681,806,645,173,595.4896 |
100 | 5,363,613,290,347,190.9792 |
200 | 10,727,226,580,694,381.958 |
500 | 26,818,066,451,735,954.896 |
1,000 | 53,636,132,903,471,909.792 |
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Saudi Arabian Riyal to NEO performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:21 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.1568 NEO | 1.9554 NEO | -69.03% |
| 5 AED | 5.7843 NEO | 9.777 NEO | -69.03% |
| 10 AED | 11.5687 NEO | 19.5541 NEO | -69.03% |
| 50 AED | 57.8435 NEO | 97.7708 NEO | -69.03% |
| 100 AED | 115.6871 NEO | 195.5416 NEO | -69.03% |
| 1,000 AED | 1,156.8718 NEO | 1,955.4165 NEO | -69.03% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:21 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.1568 NEO | 1.1726 NEO | -1.37% |
| 5 AED | 5.7843 NEO | 5.863 NEO | -1.37% |
| 10 AED | 11.5687 NEO | 11.726 NEO | -1.37% |
| 50 AED | 57.8435 NEO | 58.6303 NEO | -1.37% |
| 100 AED | 115.6871 NEO | 117.2607 NEO | -1.37% |
| 1,000 AED | 1,156.8718 NEO | 1,172.6078 NEO | -1.37% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:21 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.1568 NEO | 1.3935 NEO | -20.46% |
| 5 AED | 5.7843 NEO | 6.9676 NEO | -20.46% |
| 10 AED | 11.5687 NEO | 13.9353 NEO | -20.46% |
| 50 AED | 57.8435 NEO | 69.6767 NEO | -20.46% |
| 100 AED | 115.6871 NEO | 139.3534 NEO | -20.46% |
| 1,000 AED | 1,156.8718 NEO | 1,393.534 NEO | -20.46% |