Convert AED to OLY | Live OLY Calculator
AED to OLY price chart
AED to OLY 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 OLY
OLY price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 4.1865 |
2 | 8.373 |
3 | 12.5596 |
5 | 20.9326 |
10 | 41.8653 |
25 | 104.6634 |
50 | 209.3268 |
100 | 418.6536 |
1,000 | 4,186.536 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2388 |
5 | 1.1943 |
10 | 2.3886 |
20 | 4.7772 |
50 | 11.943 |
100 | 23.886 |
200 | 47.7721 |
500 | 119.4304 |
1,000 | 238.8609 |
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Saudi Arabian Riyal to OLY performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:09 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2386 OLY | 0.1432 OLY | +39.97% |
| 5 AED | 1.1933 OLY | 0.7163 OLY | +39.97% |
| 10 AED | 2.3866 OLY | 1.4326 OLY | +39.97% |
| 50 AED | 11.9331 OLY | 7.1633 OLY | +39.97% |
| 100 AED | 23.8663 OLY | 14.3266 OLY | +39.97% |
| 1,000 AED | 238.6634 OLY | 143.2664 OLY | +39.97% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:09 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2386 OLY | 0.1081 OLY | +54.70% |
| 5 AED | 1.1933 OLY | 0.5405 OLY | +54.70% |
| 10 AED | 2.3866 OLY | 1.08108 OLY | +54.70% |
| 50 AED | 11.9331 OLY | 5.4054 OLY | +54.70% |
| 100 AED | 23.8663 OLY | 10.8108 OLY | +54.70% |
| 1,000 AED | 238.6634 OLY | 108.1081 OLY | +54.70% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:09 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2386 OLY | 0.01651 OLY | +93.08% |
| 5 AED | 1.1933 OLY | 0.08256 OLY | +93.08% |
| 10 AED | 2.3866 OLY | 0.1651 OLY | +93.08% |
| 50 AED | 11.9331 OLY | 0.8256 OLY | +93.08% |
| 100 AED | 23.8663 OLY | 1.6512 OLY | +93.08% |
| 1,000 AED | 238.6634 OLY | 16.5125 OLY | +93.08% |