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AED to OMG price chart
AED to OMG Network 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 OMG Network
OMG Network price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1745 |
2 | 0.349 |
3 | 0.5235 |
5 | 0.8725 |
10 | 1.745 |
25 | 4.3626 |
50 | 8.7252 |
100 | 17.4504 |
1,000 | 174.5042 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.7305 |
5 | 28.6526 |
10 | 57.3052 |
20 | 114.6104 |
50 | 286.526 |
100 | 573.05201 |
200 | 1,146.104 |
500 | 2,865.26 |
1,000 | 5,730.5201 |
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Saudi Arabian Riyal to OMG Network performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 7:53 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.7372 OMG | 6.1199 OMG | -6.68% |
| 5 AED | 28.6861 OMG | 30.5997 OMG | -6.68% |
| 10 AED | 57.3723 OMG | 61.1995 OMG | -6.68% |
| 50 AED | 286.8617 OMG | 305.9975 OMG | -6.68% |
| 100 AED | 573.7234 OMG | 611.9951 OMG | -6.68% |
| 1,000 AED | 5,737.2346 OMG | 6,119.951 OMG | -6.68% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 7:53 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.7372 OMG | 5.1626 OMG | +10.01% |
| 5 AED | 28.6861 OMG | 25.8131 OMG | +10.01% |
| 10 AED | 57.3723 OMG | 51.6262 OMG | +10.01% |
| 50 AED | 286.8617 OMG | 258.1311 OMG | +10.01% |
| 100 AED | 573.7234 OMG | 516.2622 OMG | +10.01% |
| 1,000 AED | 5,737.2346 OMG | 5,162.6226 OMG | +10.01% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 7:53 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.7372 OMG | 1.5192 OMG | +73.51% |
| 5 AED | 28.6861 OMG | 7.5964 OMG | +73.51% |
| 10 AED | 57.3723 OMG | 15.1929 OMG | +73.51% |
| 50 AED | 286.8617 OMG | 75.9647 OMG | +73.51% |
| 100 AED | 573.7234 OMG | 151.9295 OMG | +73.51% |
| 1,000 AED | 5,737.2346 OMG | 1,519.295 OMG | +73.51% |