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 | 0.1206 |
2 | 0.2412 |
3 | 0.3619 |
5 | 0.6032 |
10 | 1.2064 |
25 | 3.01604 |
50 | 6.03208 |
100 | 12.06416 |
1,000 | 120.6416 |
Saudi Arabian Riyal | |
|---|---|
1 | 8.289 |
5 | 41.445 |
10 | 82.8901 |
20 | 165.7802 |
50 | 414.4506 |
100 | 828.9013 |
200 | 1,657.8026 |
500 | 4,144.5065 |
1,000 | 8,289.01301 |
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Saudi Arabian Riyal to OVR performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:42 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 8.2781 OVR | 10.5263 OVR | -27.16% |
| 5 AED | 41.3907 OVR | 52.6315 OVR | -27.16% |
| 10 AED | 82.7814 OVR | 105.2631 OVR | -27.16% |
| 50 AED | 413.9072 OVR | 526.3157 OVR | -27.16% |
| 100 AED | 827.8145 OVR | 1,052.6315 OVR | -27.16% |
| 1,000 AED | 8,278.1456 OVR | 10,526.3157 OVR | -27.16% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:42 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 8.2781 OVR | 9.7276 OVR | -17.51% |
| 5 AED | 41.3907 OVR | 48.6381 OVR | -17.51% |
| 10 AED | 82.7814 OVR | 97.2762 OVR | -17.51% |
| 50 AED | 413.9072 OVR | 486.3813 OVR | -17.51% |
| 100 AED | 827.8145 OVR | 972.7626 OVR | -17.51% |
| 1,000 AED | 8,278.1456 OVR | 9,727.6264 OVR | -17.51% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:42 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 8.2781 OVR | 1.8577 OVR | +77.55% |
| 5 AED | 41.3907 OVR | 9.2885 OVR | +77.55% |
| 10 AED | 82.7814 OVR | 18.577 OVR | +77.55% |
| 50 AED | 413.9072 OVR | 92.885 OVR | +77.55% |
| 100 AED | 827.8145 OVR | 185.77 OVR | +77.55% |
| 1,000 AED | 8,278.1456 OVR | 1,857.7001 OVR | +77.55% |