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AED to OPEN price chart
AED to OpenLedger 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 OpenLedger
OpenLedger price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.7414 |
2 | 1.4829 |
3 | 2.2243 |
5 | 3.7072 |
10 | 7.4145 |
25 | 18.5364 |
50 | 37.07287 |
100 | 74.1457 |
1000 | 741.4575 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.3486 |
5 | 6.7434 |
10 | 13.4869 |
20 | 26.9738 |
50 | 67.4347 |
100 | 134.8694 |
200 | 269.7389 |
500 | 674.3474 |
1000 | 1348.6948 |
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Saudi Arabian Riyal to OpenLedger performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:29 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.3555 OPEN | 1.2695 OPEN | +6.34% |
| 5 AED | 6.7778 OPEN | 6.3475 OPEN | +6.34% |
| 10 AED | 13.5556 OPEN | 12.6951 OPEN | +6.34% |
| 50 AED | 67.7782 OPEN | 63.4759 OPEN | +6.34% |
| 100 AED | 135.5564 OPEN | 126.9518 OPEN | +6.34% |
| 1000 AED | 1355.5645 OPEN | 1269.5188 OPEN | +6.34% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:29 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.3555 OPEN | 1.318 OPEN | +2.76% |
| 5 AED | 6.7778 OPEN | 6.5902 OPEN | +2.76% |
| 10 AED | 13.5556 OPEN | 13.1804 OPEN | +2.76% |
| 50 AED | 67.7782 OPEN | 65.9022 OPEN | +2.76% |
| 100 AED | 135.5564 OPEN | 131.8044 OPEN | +2.76% |
| 1000 AED | 1355.5645 OPEN | 1318.04402 OPEN | +2.76% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:29 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.3555 OPEN | 0.193 OPEN | +85.75% |
| 5 AED | 6.7778 OPEN | 0.9652 OPEN | +85.75% |
| 10 AED | 13.5556 OPEN | 1.9305 OPEN | +85.75% |
| 50 AED | 67.7782 OPEN | 9.6525 OPEN | +85.75% |
| 100 AED | 135.5564 OPEN | 19.305 OPEN | +85.75% |
| 1000 AED | 1355.5645 OPEN | 193.05019 OPEN | +85.75% |