Convert AED to NIM | Live Nimiq Calculator
AED to NIM price chart
AED to Nimiq 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 Nimiq
Nimiq price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.001076 |
2 | 0.002152 |
3 | 0.003228 |
5 | 0.00538 |
10 | 0.01076 |
25 | 0.0269 |
50 | 0.0538 |
100 | 0.1076 |
1,000 | 1.07618 |
Saudi Arabian Riyal | |
|---|---|
1 | 929.2048 |
5 | 4,646.02407 |
10 | 9,292.04814 |
20 | 18,584.09628 |
50 | 46,460.2407 |
100 | 92,920.4814 |
200 | 185,840.9628 |
500 | 464,602.4071 |
1,000 | 929,204.8143 |
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Saudi Arabian Riyal to Nimiq performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:45 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 951.4747 NIM | 1,022.07686 NIM | -7.43% |
| 5 AED | 4,757.3739 NIM | 5,110.3843 NIM | -7.43% |
| 10 AED | 9,514.7478 NIM | 10,220.7686 NIM | -7.43% |
| 50 AED | 47,573.7392 NIM | 51,103.843 NIM | -7.43% |
| 100 AED | 95,147.4785 NIM | 102,207.686 NIM | -7.43% |
| 1,000 AED | 951,474.7859 NIM | 1,022,076.8601 NIM | -7.43% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:45 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 951.4747 NIM | 913.242 NIM | +4.01% |
| 5 AED | 4,757.3739 NIM | 4,566.21 NIM | +4.01% |
| 10 AED | 9,514.7478 NIM | 9,132.42 NIM | +4.01% |
| 50 AED | 47,573.7392 NIM | 45,662.1004 NIM | +4.01% |
| 100 AED | 95,147.4785 NIM | 91,324.2009 NIM | +4.01% |
| 1,000 AED | 951,474.7859 NIM | 913,242.009132 NIM | +4.01% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:45 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 951.4747 NIM | 410.1722 NIM | +56.89% |
| 5 AED | 4,757.3739 NIM | 2,050.8613 NIM | +56.89% |
| 10 AED | 9,514.7478 NIM | 4,101.7227 NIM | +56.89% |
| 50 AED | 47,573.7392 NIM | 20,508.6136 NIM | +56.89% |
| 100 AED | 95,147.4785 NIM | 41,017.2272 NIM | +56.89% |
| 1,000 AED | 951,474.7859 NIM | 410,172.2723 NIM | +56.89% |