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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 | 3.1006 |
2 | 6.2012 |
3 | 9.3018 |
5 | 15.503 |
10 | 31.006073 |
25 | 77.5151 |
50 | 155.03036 |
100 | 310.06073 |
1,000 | 3,100.6073 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.3225 |
5 | 1.6125 |
10 | 3.2251 |
20 | 6.4503 |
50 | 16.1258 |
100 | 32.2517 |
200 | 64.5034 |
500 | 161.2587 |
1,000 | 322.5174 |
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Saudi Arabian Riyal to Nexo performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:29 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.3225 NEXO | 0.3891 NEXO | -20.63% |
| 5 AED | 1.6129 NEXO | 1.9455 NEXO | -20.63% |
| 10 AED | 3.2258 NEXO | 3.891 NEXO | -20.63% |
| 50 AED | 16.129 NEXO | 19.4552 NEXO | -20.63% |
| 100 AED | 32.258 NEXO | 38.9105 NEXO | -20.63% |
| 1,000 AED | 322.5806 NEXO | 389.105 NEXO | -20.63% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:29 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.3225 NEXO | 0.3584 NEXO | -11.12% |
| 5 AED | 1.6129 NEXO | 1.7921 NEXO | -11.12% |
| 10 AED | 3.2258 NEXO | 3.5842 NEXO | -11.12% |
| 50 AED | 16.129 NEXO | 17.9211 NEXO | -11.12% |
| 100 AED | 32.258 NEXO | 35.8422 NEXO | -11.12% |
| 1,000 AED | 322.5806 NEXO | 358.4229 NEXO | -11.12% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:29 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.3225 NEXO | 0.2049 NEXO | +36.47% |
| 5 AED | 1.6129 NEXO | 1.02459 NEXO | +36.47% |
| 10 AED | 3.2258 NEXO | 2.04918 NEXO | +36.47% |
| 50 AED | 16.129 NEXO | 10.2459 NEXO | +36.47% |
| 100 AED | 32.258 NEXO | 20.4918 NEXO | +36.47% |
| 1,000 AED | 322.5806 NEXO | 204.918 NEXO | +36.47% |