Convert AED to OFT | Live ONFA Calculator
AED to OFT price chart
AED to ONFA 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 ONFA
ONFA price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.06434 |
2 | 0.1286 |
3 | 0.193 |
5 | 0.3217 |
10 | 0.6434 |
25 | 1.6085 |
50 | 3.217 |
100 | 6.434 |
1,000 | 64.3404 |
Saudi Arabian Riyal | |
|---|---|
1 | 15.5423 |
5 | 77.7116 |
10 | 155.4232 |
20 | 310.8464 |
50 | 777.1161 |
100 | 1,554.2322 |
200 | 3,108.4645 |
500 | 7,771.1613 |
1,000 | 15,542.3226 |
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Saudi Arabian Riyal to ONFA performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:25 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 15.5787 OFT | 10.9015 OFT | +30.02% |
| 5 AED | 77.8937 OFT | 54.5077 OFT | +30.02% |
| 10 AED | 155.7875 OFT | 109.01558 OFT | +30.02% |
| 50 AED | 778.9375 OFT | 545.07794 OFT | +30.02% |
| 100 AED | 1,557.875 OFT | 1,090.1558 OFT | +30.02% |
| 1,000 AED | 15,578.7505 OFT | 10,901.5589 OFT | +30.02% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:25 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 15.5787 OFT | 4.5599 OFT | +70.72% |
| 5 AED | 77.8937 OFT | 22.7998 OFT | +70.72% |
| 10 AED | 155.7875 OFT | 45.5996 OFT | +70.72% |
| 50 AED | 778.9375 OFT | 227.9981 OFT | +70.72% |
| 100 AED | 1,557.875 OFT | 455.9963 OFT | +70.72% |
| 1,000 AED | 15,578.7505 OFT | 4,559.9635 OFT | +70.72% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:25 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 15.5787 OFT | 0.4219 OFT | +97.29% |
| 5 AED | 77.8937 OFT | 2.1097 OFT | +97.29% |
| 10 AED | 155.7875 OFT | 4.2194 OFT | +97.29% |
| 50 AED | 778.9375 OFT | 21.09704 OFT | +97.29% |
| 100 AED | 1,557.875 OFT | 42.194 OFT | +97.29% |
| 1,000 AED | 15,578.7505 OFT | 421.9409 OFT | +97.29% |