Convert AED to OOB | Live OOBIT Calculator
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 | 0.0352 |
2 | 0.07041 |
3 | 0.1056 |
5 | 0.176 |
10 | 0.352 |
25 | 0.8801 |
50 | 1.7602 |
100 | 3.5205 |
1,000 | 35.2057 |
Saudi Arabian Riyal | |
|---|---|
1 | 28.4044 |
5 | 142.02243 |
10 | 284.04487 |
20 | 568.08974 |
50 | 1,420.2243 |
100 | 2,840.4487 |
200 | 5,680.8974 |
500 | 14,202.2436 |
1,000 | 28,404.4872 |
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Saudi Arabian Riyal to OOBIT performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:29 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 28.2565 OOB | 27.06359 OOB | +4.22% |
| 5 AED | 141.2828 OOB | 135.3179 OOB | +4.22% |
| 10 AED | 282.5656 OOB | 270.6359 OOB | +4.22% |
| 50 AED | 1,412.8284 OOB | 1,353.1799 OOB | +4.22% |
| 100 AED | 2,825.6569 OOB | 2,706.3599 OOB | +4.22% |
| 1,000 AED | 28,256.5696 OOB | 27,063.5994 OOB | +4.22% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:29 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 28.2565 OOB | 30.003 OOB | -6.19% |
| 5 AED | 141.2828 OOB | 150.015 OOB | -6.19% |
| 10 AED | 282.5656 OOB | 300.03 OOB | -6.19% |
| 50 AED | 1,412.8284 OOB | 1,500.15 OOB | -6.19% |
| 100 AED | 2,825.6569 OOB | 3,000.3 OOB | -6.19% |
| 1,000 AED | 28,256.5696 OOB | 30,003.0003 OOB | -6.19% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:29 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 28.2565 OOB | 0.4524 OOB | +98.39% |
| 5 AED | 141.2828 OOB | 2.2624 OOB | +98.39% |
| 10 AED | 282.5656 OOB | 4.5248 OOB | +98.39% |
| 50 AED | 1,412.8284 OOB | 22.6244 OOB | +98.39% |
| 100 AED | 2,825.6569 OOB | 45.2488 OOB | +98.39% |
| 1,000 AED | 28,256.5696 OOB | 452.4886 OOB | +98.39% |