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AED to OMDB price chart
AED to OMDBlockchain 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 OMDBlockchain
OMDBlockchain price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1748 |
2 | 0.3497 |
3 | 0.5246 |
5 | 0.8744 |
10 | 1.7488 |
25 | 4.3721 |
50 | 8.7442 |
100 | 17.4884 |
1,000 | 174.8844 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.718 |
5 | 28.5903 |
10 | 57.1806 |
20 | 114.3612 |
50 | 285.903 |
100 | 571.8061 |
200 | 1,143.6122 |
500 | 2,859.03063 |
1,000 | 5,718.06126 |
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Saudi Arabian Riyal to OMDBlockchain performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:49 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.5157 OMDB | 5.571 OMDB | -1.01% |
| 5 AED | 27.5785 OMDB | 27.8551 OMDB | -1.01% |
| 10 AED | 55.1571 OMDB | 55.7103 OMDB | -1.01% |
| 50 AED | 275.7859 OMDB | 278.5515 OMDB | -1.01% |
| 100 AED | 551.5719 OMDB | 557.103 OMDB | -1.01% |
| 1,000 AED | 5,515.7198 OMDB | 5,571.03064 OMDB | -1.01% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:49 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.5157 OMDB | 5.8892 OMDB | -6.78% |
| 5 AED | 27.5785 OMDB | 29.4464 OMDB | -6.78% |
| 10 AED | 55.1571 OMDB | 58.8928 OMDB | -6.78% |
| 50 AED | 275.7859 OMDB | 294.464 OMDB | -6.78% |
| 100 AED | 551.5719 OMDB | 588.9281 OMDB | -6.78% |
| 1,000 AED | 5,515.7198 OMDB | 5,889.2815 OMDB | -6.78% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:49 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.5157 OMDB | 2.04918 OMDB | +62.84% |
| 5 AED | 27.5785 OMDB | 10.2459 OMDB | +62.84% |
| 10 AED | 55.1571 OMDB | 20.4918 OMDB | +62.84% |
| 50 AED | 275.7859 OMDB | 102.459 OMDB | +62.84% |
| 100 AED | 551.5719 OMDB | 204.918 OMDB | +62.84% |
| 1,000 AED | 5,515.7198 OMDB | 2,049.1803 OMDB | +62.84% |