Convert AED to PAR | Live Parallel Calculator
AED to PAR price chart
AED to Parallel 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 Parallel
Parallel price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 4.3335 |
2 | 8.6671 |
3 | 13.00065 |
5 | 21.6677 |
10 | 43.3355 |
25 | 108.3387 |
50 | 216.6775 |
100 | 433.355 |
1,000 | 4,333.55 |
Saudi Arabian Riyal | |
|---|---|
1 | 0.2307 |
5 | 1.1537 |
10 | 2.3075 |
20 | 4.6151 |
50 | 11.5378 |
100 | 23.07576 |
200 | 46.1515 |
500 | 115.3788 |
1,000 | 230.7576 |
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Saudi Arabian Riyal to Parallel performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:46 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 0.2309 PAR | 0.2252 PAR | +2.47% |
| 5 AED | 1.1547 PAR | 1.1261 PAR | +2.47% |
| 10 AED | 2.3094 PAR | 2.2522 PAR | +2.47% |
| 50 AED | 11.5473 PAR | 11.2612 PAR | +2.47% |
| 100 AED | 23.09468 PAR | 22.5225 PAR | +2.47% |
| 1,000 AED | 230.9468 PAR | 225.2252 PAR | +2.47% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:46 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 0.2309 PAR | 0.2212 PAR | +4.20% |
| 5 AED | 1.1547 PAR | 1.1061 PAR | +4.20% |
| 10 AED | 2.3094 PAR | 2.2123 PAR | +4.20% |
| 50 AED | 11.5473 PAR | 11.06194 PAR | +4.20% |
| 100 AED | 23.09468 PAR | 22.1238 PAR | +4.20% |
| 1,000 AED | 230.9468 PAR | 221.2389 PAR | +4.20% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:46 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 0.2309 PAR | 0.2288 PAR | +0.91% |
| 5 AED | 1.1547 PAR | 1.1441 PAR | +0.91% |
| 10 AED | 2.3094 PAR | 2.2883 PAR | +0.91% |
| 50 AED | 11.5473 PAR | 11.4416 PAR | +0.91% |
| 100 AED | 23.09468 PAR | 22.8832 PAR | +0.91% |
| 1,000 AED | 230.9468 PAR | 228.8329 PAR | +0.91% |