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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 OroBit
OroBit price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 5.4353 |
2 | 10.8706 |
3 | 16.3059 |
5 | 27.1765 |
10 | 54.353 |
25 | 135.8825 |
50 | 271.765 |
100 | 543.53 |
1,000 | 5,435.3 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.1839 |
5 | 0.9199 |
10 | 1.8398 |
20 | 3.6796 |
50 | 9.1991 |
100 | 18.3982 |
200 | 36.7964 |
500 | 91.9912 |
1,000 | 183.9824 |
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Saudi Arabian Riyal to OroBit performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:28 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.1792 XRB | 0.1828 XRB | -2.02% |
| 5 AED | 0.896 XRB | 0.914 XRB | -2.02% |
| 10 AED | 1.7921 XRB | 1.8281 XRB | -2.02% |
| 50 AED | 8.9605 XRB | 9.1407 XRB | -2.02% |
| 100 AED | 17.9211 XRB | 18.2815 XRB | -2.02% |
| 1,000 AED | 179.2114 XRB | 182.8153 XRB | -2.02% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:28 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.1792 XRB | 0.1602 XRB | +10.57% |
| 5 AED | 0.896 XRB | 0.8012 XRB | +10.57% |
| 10 AED | 1.7921 XRB | 1.6025 XRB | +10.57% |
| 50 AED | 8.9605 XRB | 8.01282 XRB | +10.57% |
| 100 AED | 17.9211 XRB | 16.02564 XRB | +10.57% |
| 1,000 AED | 179.2114 XRB | 160.2564 XRB | +10.57% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:28 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.1792 XRB | 0.1347 XRB | +24.79% |
| 5 AED | 0.896 XRB | 0.6738 XRB | +24.79% |
| 10 AED | 1.7921 XRB | 1.3477 XRB | +24.79% |
| 50 AED | 8.9605 XRB | 6.7385 XRB | +24.79% |
| 100 AED | 17.9211 XRB | 13.477 XRB | +24.79% |
| 1,000 AED | 179.2114 XRB | 134.7708 XRB | +24.79% |