Convert AED to NEXO | Live Nexo Calculator
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 | 2.7194 |
2 | 5.4389 |
3 | 8.1584 |
5 | 13.5974 |
10 | 27.1948 |
25 | 67.9872 |
50 | 135.9744 |
100 | 271.9489 |
1,000 | 2,719.4892 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.3677 |
5 | 1.8385 |
10 | 3.6771 |
20 | 7.3543 |
50 | 18.3858 |
100 | 36.7716 |
200 | 73.5432 |
500 | 183.858 |
1,000 | 367.7161 |
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Saudi Arabian Riyal to Nexo performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 7:11 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.3676 NEXO | 0.3649 NEXO | +0.72% |
| 5 AED | 1.8382 NEXO | 1.8248 NEXO | +0.72% |
| 10 AED | 3.6764 NEXO | 3.6496 NEXO | +0.72% |
| 50 AED | 18.3823 NEXO | 18.2481 NEXO | +0.72% |
| 100 AED | 36.7647 NEXO | 36.4963 NEXO | +0.72% |
| 1,000 AED | 367.647 NEXO | 364.9635 NEXO | +0.72% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 7:11 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.3676 NEXO | 0.3194 NEXO | +13.09% |
| 5 AED | 1.8382 NEXO | 1.5974 NEXO | +13.09% |
| 10 AED | 3.6764 NEXO | 3.1948 NEXO | +13.09% |
| 50 AED | 18.3823 NEXO | 15.9744 NEXO | +13.09% |
| 100 AED | 36.7647 NEXO | 31.9488 NEXO | +13.09% |
| 1,000 AED | 367.647 NEXO | 319.4888 NEXO | +13.09% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 7:11 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.3676 NEXO | 0.2518 NEXO | +31.48% |
| 5 AED | 1.8382 NEXO | 1.2594 NEXO | +31.48% |
| 10 AED | 3.6764 NEXO | 2.5188 NEXO | +31.48% |
| 50 AED | 18.3823 NEXO | 12.5944 NEXO | +31.48% |
| 100 AED | 36.7647 NEXO | 25.1889 NEXO | +31.48% |
| 1,000 AED | 367.647 NEXO | 251.8891 NEXO | +31.48% |