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AED to DIME price chart
AED to Paradex 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 Paradex
Paradex price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1306 |
2 | 0.2612 |
3 | 0.3918 |
5 | 0.6531 |
10 | 1.3063 |
25 | 3.2657 |
50 | 6.5315 |
100 | 13.06308 |
1,000 | 130.6308 |
Saudi Arabian Riyal | |
|---|---|
1 | 7.6551 |
5 | 38.2758 |
10 | 76.5516 |
20 | 153.1032 |
50 | 382.758 |
100 | 765.5161 |
200 | 1,531.0322 |
500 | 3,827.5805 |
1,000 | 7,655.161 |
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Saudi Arabian Riyal to Paradex performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:51 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 7.6569 DIME | 7.8125 DIME | -2.04% |
| 5 AED | 38.2848 DIME | 39.0625 DIME | -2.04% |
| 10 AED | 76.5696 DIME | 78.125 DIME | -2.04% |
| 50 AED | 382.8483 DIME | 390.625 DIME | -2.04% |
| 100 AED | 765.6967 DIME | 781.25 DIME | -2.04% |
| 1,000 AED | 7,656.9678 DIME | 7,812.5 DIME | -2.04% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:51 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 7.6569 DIME | 5.9808 DIME | +21.88% |
| 5 AED | 38.2848 DIME | 29.9043 DIME | +21.88% |
| 10 AED | 76.5696 DIME | 59.8086 DIME | +21.88% |
| 50 AED | 382.8483 DIME | 299.04306 DIME | +21.88% |
| 100 AED | 765.6967 DIME | 598.08612 DIME | +21.88% |
| 1,000 AED | 7,656.9678 DIME | 5,980.8612 DIME | +21.88% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:51 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 7.6569 DIME | 6.4267 DIME | +16.06% |
| 5 AED | 38.2848 DIME | 32.1336 DIME | +16.06% |
| 10 AED | 76.5696 DIME | 64.2673 DIME | +16.06% |
| 50 AED | 382.8483 DIME | 321.3367 DIME | +16.06% |
| 100 AED | 765.6967 DIME | 642.6735 DIME | +16.06% |
| 1,000 AED | 7,656.9678 DIME | 6,426.7352 DIME | +16.06% |