Convert AED to OVR | Live OVR Calculator
AED to OVR price chart
AED to OVR 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 OVR
OVR price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.103 |
2 | 0.206 |
3 | 0.309 |
5 | 0.515 |
10 | 1.0301 |
25 | 2.5752 |
50 | 5.1505 |
100 | 10.301 |
1,000 | 103.01082 |
Saudi Arabian Riyal | |
|---|---|
1 | 9.7077 |
5 | 48.5385 |
10 | 97.07718 |
20 | 194.1543 |
50 | 485.3859 |
100 | 970.7718 |
200 | 1,941.5436 |
500 | 4,853.859 |
1,000 | 9,707.718 |
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Saudi Arabian Riyal to OVR performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 5:52 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 9.6711 OVR | 9.6061 OVR | +0.67% |
| 5 AED | 48.3558 OVR | 48.03073 OVR | +0.67% |
| 10 AED | 96.7117 OVR | 96.06147 OVR | +0.67% |
| 50 AED | 483.5589 OVR | 480.3073 OVR | +0.67% |
| 100 AED | 967.1179 OVR | 960.6147 OVR | +0.67% |
| 1,000 AED | 9,671.1798 OVR | 9,606.1479 OVR | +0.67% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 5:52 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 9.6711 OVR | 6.8917 OVR | +28.73% |
| 5 AED | 48.3558 OVR | 34.4589 OVR | +28.73% |
| 10 AED | 96.7117 OVR | 68.9179 OVR | +28.73% |
| 50 AED | 483.5589 OVR | 344.5899 OVR | +28.73% |
| 100 AED | 967.1179 OVR | 689.1798 OVR | +28.73% |
| 1,000 AED | 9,671.1798 OVR | 6,891.7987 OVR | +28.73% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 5:52 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 9.6711 OVR | 3.427 OVR | +64.56% |
| 5 AED | 48.3558 OVR | 17.135 OVR | +64.56% |
| 10 AED | 96.7117 OVR | 34.27 OVR | +64.56% |
| 50 AED | 483.5589 OVR | 171.3502 OVR | +64.56% |
| 100 AED | 967.1179 OVR | 342.7004 OVR | +64.56% |
| 1,000 AED | 9,671.1798 OVR | 3,427.004797 OVR | +64.56% |