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AED to NETX price chart
AED to NetX 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 NetX
NetX price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.5538 |
2 | 1.1077 |
3 | 1.6616 |
5 | 2.7694 |
10 | 5.5388 |
25 | 13.8472 |
50 | 27.6944 |
100 | 55.3888 |
1,000 | 553.8884 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.8054 |
5 | 9.02708 |
10 | 18.05417 |
20 | 36.1083 |
50 | 90.2708 |
100 | 180.5417 |
200 | 361.08356 |
500 | 902.7089 |
1,000 | 1,805.4178 |
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Saudi Arabian Riyal to NetX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 5:47 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.8102 NETX | 1.4202 NETX | +21.54% |
| 5 AED | 9.05141 NETX | 7.1012 NETX | +21.54% |
| 10 AED | 18.1028 NETX | 14.2025 NETX | +21.54% |
| 50 AED | 90.5141 NETX | 71.01264 NETX | +21.54% |
| 100 AED | 181.02824 NETX | 142.02528 NETX | +21.54% |
| 1,000 AED | 1,810.2824 NETX | 1,420.2528 NETX | +21.54% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 5:47 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.8102 NETX | 0.8928 NETX | +50.67% |
| 5 AED | 9.05141 NETX | 4.4642 NETX | +50.67% |
| 10 AED | 18.1028 NETX | 8.9285 NETX | +50.67% |
| 50 AED | 90.5141 NETX | 44.6428 NETX | +50.67% |
| 100 AED | 181.02824 NETX | 89.2857 NETX | +50.67% |
| 1,000 AED | 1,810.2824 NETX | 892.8571 NETX | +50.67% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 5:47 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.8102 NETX | 0.1724 NETX | +90.47% |
| 5 AED | 9.05141 NETX | 0.862 NETX | +90.47% |
| 10 AED | 18.1028 NETX | 1.7241 NETX | +90.47% |
| 50 AED | 90.5141 NETX | 8.6206 NETX | +90.47% |
| 100 AED | 181.02824 NETX | 17.2413 NETX | +90.47% |
| 1,000 AED | 1,810.2824 NETX | 172.4137 NETX | +90.47% |