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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 AB
AB price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.01721 |
2 | 0.03442 |
3 | 0.05163 |
5 | 0.08606 |
10 | 0.1721 |
25 | 0.4303 |
50 | 0.8606 |
100 | 1.7213 |
1000 | 17.213 |
Saudi Arabian Riyal | |
|---|---|
1 | 58.0956 |
5 | 290.478 |
10 | 580.956 |
20 | 1161.912 |
50 | 2904.78 |
100 | 5809.56 |
200 | 11619.12 |
500 | 29047.8 |
1000 | 58095.6 |
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Saudi Arabian Riyal to AB performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 4:13 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 58.1057 AB | -- | -- |
| 5 AED | 290.5287 AB | -- | -- |
| 10 AED | 581.05752 AB | -- | -- |
| 50 AED | 2905.2876 AB | -- | -- |
| 100 AED | 5810.5752 AB | -- | -- |
| 1000 AED | 58105.7524 AB | -- | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 4:13 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 58.1057 AB | 48.2625 AB | +16.94% |
| 5 AED | 290.5287 AB | 241.3127 AB | +16.94% |
| 10 AED | 581.05752 AB | 482.6254 AB | +16.94% |
| 50 AED | 2905.2876 AB | 2413.1274 AB | +16.94% |
| 100 AED | 5810.5752 AB | 4826.2548 AB | +16.94% |
| 1000 AED | 58105.7524 AB | 48262.5482 AB | +16.94% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 4:13 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 58.1057 AB | 4593.4772 AB | -7805.37% |
| 5 AED | 290.5287 AB | 22967.3863 AB | -7805.37% |
| 10 AED | 581.05752 AB | 45934.7726 AB | -7805.37% |
| 50 AED | 2905.2876 AB | 229673.8631 AB | -7805.37% |
| 100 AED | 5810.5752 AB | 459347.7262 AB | -7805.37% |
| 1000 AED | 58105.7524 AB | 4593477.2622 AB | -7805.37% |
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SOL to UAH | SOL to USD | SOL to VND | SOL to AED | SOL to ARS | SOL to CNY | SOL to EUR | |
stETH to UAH | stETH to USD | stETH to VND | stETH to AED | stETH to ARS | stETH to CNY | stETH to EUR | |
TRX to UAH | TRX to USD | TRX to VND | TRX to AED | TRX to ARS | TRX to CNY | TRX to EUR | |
WTRX to UAH | WTRX to USD | WTRX to VND | WTRX to AED | WTRX to ARS | WTRX to CNY | WTRX to EUR |
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