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AED to NMX price chart
AED to Nominex 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 Nominex
Nominex price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.008565 |
2 | 0.01713 |
3 | 0.02569 |
5 | 0.04282 |
10 | 0.08565 |
25 | 0.2141 |
50 | 0.4282 |
100 | 0.8565 |
1,000 | 8.5654 |
Saudi Arabian Riyal | |
|---|---|
1 | 116.7482 |
5 | 583.7414 |
10 | 1,167.4828 |
20 | 2,334.9657 |
50 | 5,837.4144 |
100 | 11,674.8289 |
200 | 23,349.6578 |
500 | 58,374.1446 |
1,000 | 116,748.2892 |
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Saudi Arabian Riyal to Nominex performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:56 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 116.7542 NMX | 116.8497 NMX | -0.09% |
| 5 AED | 583.7711 NMX | 584.2486 NMX | -0.09% |
| 10 AED | 1,167.5423 NMX | 1,168.4973 NMX | -0.09% |
| 50 AED | 5,837.7116 NMX | 5,842.4865 NMX | -0.09% |
| 100 AED | 11,675.4232 NMX | 11,684.9731 NMX | -0.09% |
| 1,000 AED | 116,754.2323 NMX | 116,849.7312 NMX | -0.09% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:56 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 116.7542 NMX | 115.03508 NMX | +1.47% |
| 5 AED | 583.7711 NMX | 575.1754 NMX | +1.47% |
| 10 AED | 1,167.5423 NMX | 1,150.3508 NMX | +1.47% |
| 50 AED | 5,837.7116 NMX | 5,751.7542 NMX | +1.47% |
| 100 AED | 11,675.4232 NMX | 11,503.5085 NMX | +1.47% |
| 1,000 AED | 116,754.2323 NMX | 115,035.0857 NMX | +1.47% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:56 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 116.7542 NMX | 100.8064 NMX | +13.65% |
| 5 AED | 583.7711 NMX | 504.03225 NMX | +13.65% |
| 10 AED | 1,167.5423 NMX | 1,008.06451 NMX | +13.65% |
| 50 AED | 5,837.7116 NMX | 5,040.3225 NMX | +13.65% |
| 100 AED | 11,675.4232 NMX | 10,080.6451 NMX | +13.65% |
| 1,000 AED | 116,754.2323 NMX | 100,806.4516 NMX | +13.65% |