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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 Oho
Oho price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.003073 |
2 | 0.006147 |
3 | 0.009221 |
5 | 0.01536 |
10 | 0.03073 |
25 | 0.07684 |
50 | 0.1536 |
100 | 0.3073 |
1,000 | 3.07379 |
Saudi Arabian Riyal | |
|---|---|
1 | 325.3303 |
5 | 1,626.6516 |
10 | 3,253.3033 |
20 | 6,506.6067 |
50 | 16,266.5168 |
100 | 32,533.03371 |
200 | 65,066.06743 |
500 | 162,665.1685 |
1,000 | 325,330.3371 |
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Saudi Arabian Riyal to Oho performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:52 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 324.1491 OHO | 308.5467 OHO | +4.81% |
| 5 AED | 1,620.7455 OHO | 1,542.7337 OHO | +4.81% |
| 10 AED | 3,241.491 OHO | 3,085.4674 OHO | +4.81% |
| 50 AED | 16,207.4554 OHO | 15,427.3372 OHO | +4.81% |
| 100 AED | 32,414.9108 OHO | 30,854.6744 OHO | +4.81% |
| 1,000 AED | 324,149.1085 OHO | 308,546.7448 OHO | +4.81% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:52 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 324.1491 OHO | 289.5193 OHO | +10.68% |
| 5 AED | 1,620.7455 OHO | 1,447.5969 OHO | +10.68% |
| 10 AED | 3,241.491 OHO | 2,895.1939 OHO | +10.68% |
| 50 AED | 16,207.4554 OHO | 14,475.9698 OHO | +10.68% |
| 100 AED | 32,414.9108 OHO | 28,951.9397 OHO | +10.68% |
| 1,000 AED | 324,149.1085 OHO | 289,519.3977 OHO | +10.68% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:52 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 324.1491 OHO | 238.4927 OHO | +26.42% |
| 5 AED | 1,620.7455 OHO | 1,192.4636 OHO | +26.42% |
| 10 AED | 3,241.491 OHO | 2,384.9272 OHO | +26.42% |
| 50 AED | 16,207.4554 OHO | 11,924.6362 OHO | +26.42% |
| 100 AED | 32,414.9108 OHO | 23,849.2725 OHO | +26.42% |
| 1,000 AED | 324,149.1085 OHO | 238,492.7259 OHO | +26.42% |