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AED to OOB price chart
AED to OOBIT 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 OOBIT
OOBIT price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.01836 |
2 | 0.03673 |
3 | 0.0551 |
5 | 0.09184 |
10 | 0.1836 |
25 | 0.4592 |
50 | 0.9184 |
100 | 1.8369 |
1,000 | 18.3693 |
Saudi Arabian Riyal | |
|---|---|
1 | 54.4385 |
5 | 272.1926 |
10 | 544.3852 |
20 | 1,088.7704 |
50 | 2,721.9261 |
100 | 5,443.8523 |
200 | 10,887.7046 |
500 | 27,219.2615 |
1,000 | 54,438.523 |
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Saudi Arabian Riyal to OOBIT performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 6:11 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 54.5553 OOB | 51.6795 OOB | +5.27% |
| 5 AED | 272.7768 OOB | 258.3979 OOB | +5.27% |
| 10 AED | 545.5537 OOB | 516.7958 OOB | +5.27% |
| 50 AED | 2,727.7686 OOB | 2,583.9793 OOB | +5.27% |
| 100 AED | 5,455.5373 OOB | 5,167.9586 OOB | +5.27% |
| 1,000 AED | 54,555.3737 OOB | 51,679.5865 OOB | +5.27% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 6:11 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 54.5553 OOB | 31.1817 OOB | +42.84% |
| 5 AED | 272.7768 OOB | 155.9089 OOB | +42.84% |
| 10 AED | 545.5537 OOB | 311.8178 OOB | +42.84% |
| 50 AED | 2,727.7686 OOB | 1,559.08949 OOB | +42.84% |
| 100 AED | 5,455.5373 OOB | 3,118.1789 OOB | +42.84% |
| 1,000 AED | 54,555.3737 OOB | 31,181.7898 OOB | +42.84% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 6:11 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 54.5553 OOB | 0.4524 OOB | +99.17% |
| 5 AED | 272.7768 OOB | 2.2624 OOB | +99.17% |
| 10 AED | 545.5537 OOB | 4.5248 OOB | +99.17% |
| 50 AED | 2,727.7686 OOB | 22.6244 OOB | +99.17% |
| 100 AED | 5,455.5373 OOB | 45.2488 OOB | +99.17% |
| 1,000 AED | 54,555.3737 OOB | 452.4886 OOB | +99.17% |