Convert AED to NYM | Live NYM Calculator
AED to NYM price chart
AED to NYM 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 NYM
NYM price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.09595 |
2 | 0.1919 |
3 | 0.2878 |
5 | 0.4797 |
10 | 0.9595 |
25 | 2.3989 |
50 | 4.7979 |
100 | 9.5959 |
1,000 | 95.9598 |
Saudi Arabian Riyal | |
|---|---|
1 | 10.421 |
5 | 52.1051 |
10 | 104.2102 |
20 | 208.4205 |
50 | 521.05145 |
100 | 1,042.1029 |
200 | 2,084.2058 |
500 | 5,210.5145 |
1,000 | 10,421.02917 |
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Saudi Arabian Riyal to NYM performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 6:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 10.422 NYM | 10.3616 NYM | +0.58% |
| 5 AED | 52.1104 NYM | 51.8081 NYM | +0.58% |
| 10 AED | 104.2209 NYM | 103.6162 NYM | +0.58% |
| 50 AED | 521.1047 NYM | 518.08102 NYM | +0.58% |
| 100 AED | 1,042.2094 NYM | 1,036.162 NYM | +0.58% |
| 1,000 AED | 10,422.09484 NYM | 10,361.6205 NYM | +0.58% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 6:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 10.422 NYM | 9.8328 NYM | +5.65% |
| 5 AED | 52.1104 NYM | 49.1642 NYM | +5.65% |
| 10 AED | 104.2209 NYM | 98.3284 NYM | +5.65% |
| 50 AED | 521.1047 NYM | 491.642 NYM | +5.65% |
| 100 AED | 1,042.2094 NYM | 983.2841 NYM | +5.65% |
| 1,000 AED | 10,422.09484 NYM | 9,832.8416 NYM | +5.65% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 6:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 10.422 NYM | 6.4935 NYM | +37.69% |
| 5 AED | 52.1104 NYM | 32.4675 NYM | +37.69% |
| 10 AED | 104.2209 NYM | 64.935 NYM | +37.69% |
| 50 AED | 521.1047 NYM | 324.6753 NYM | +37.69% |
| 100 AED | 1,042.2094 NYM | 649.3506 NYM | +37.69% |
| 1,000 AED | 10,422.09484 NYM | 6,493.5064 NYM | +37.69% |