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AED to NEXO price chart
AED to Nexo 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 Nexo
Nexo price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 3.131 |
2 | 6.2621 |
3 | 9.3932 |
5 | 15.6554 |
10 | 31.3108 |
25 | 78.2772 |
50 | 156.5544 |
100 | 313.1088 |
1000 | 3131.08824 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.3193 |
5 | 1.5968 |
10 | 3.1937 |
20 | 6.3875 |
50 | 15.9688 |
100 | 31.9377 |
200 | 63.8755 |
500 | 159.6888 |
1000 | 319.3777 |
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Saudi Arabian Riyal to Nexo performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 7:20 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.3184 NEXO | 0.3184 NEXO | -- |
| 5 AED | 1.5923 NEXO | 1.5923 NEXO | -- |
| 10 AED | 3.1847 NEXO | 3.1847 NEXO | -- |
| 50 AED | 15.9235 NEXO | 15.9235 NEXO | -- |
| 100 AED | 31.8471 NEXO | 31.8471 NEXO | -- |
| 1000 AED | 318.4713 NEXO | 318.4713 NEXO | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 7:20 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.3184 NEXO | 0.3012 NEXO | +5.42% |
| 5 AED | 1.5923 NEXO | 1.506 NEXO | +5.42% |
| 10 AED | 3.1847 NEXO | 3.01204 NEXO | +5.42% |
| 50 AED | 15.9235 NEXO | 15.06024 NEXO | +5.42% |
| 100 AED | 31.8471 NEXO | 30.1204 NEXO | +5.42% |
| 1000 AED | 318.4713 NEXO | 301.2048 NEXO | +5.42% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 7:20 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.3184 NEXO | 0.2197 NEXO | +30.98% |
| 5 AED | 1.5923 NEXO | 1.0989 NEXO | +30.98% |
| 10 AED | 3.1847 NEXO | 2.1978 NEXO | +30.98% |
| 50 AED | 15.9235 NEXO | 10.989 NEXO | +30.98% |
| 100 AED | 31.8471 NEXO | 21.978 NEXO | +30.98% |
| 1000 AED | 318.4713 NEXO | 219.7802 NEXO | +30.98% |