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AED to PINGPONG price chart
AED to PINGPONG 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 PINGPONG
PINGPONG price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{4}5967 |
2 | 0.0001193 |
3 | 0.000179 |
5 | 0.0002983 |
10 | 0.0005967 |
25 | 0.001491 |
50 | 0.002983 |
100 | 0.005967 |
1,000 | 0.05967 |
Saudi Arabian Riyal | |
|---|---|
1 | 16,756.5586 |
5 | 83,782.7931 |
10 | 167,565.5862 |
20 | 335,131.1724 |
50 | 837,827.931 |
100 | 1,675,655.8621 |
200 | 3,351,311.7243 |
500 | 8,378,279.3108 |
1,000 | 16,756,558.6217 |
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Saudi Arabian Riyal to PINGPONG performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 10:23 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 16,758.8402 PINGPONG | 18,450.1845 PINGPONG | -10.10% |
| 5 AED | 83,794.2014 PINGPONG | 92,250.9225 PINGPONG | -10.10% |
| 10 AED | 167,588.4028 PINGPONG | 184,501.845 PINGPONG | -10.10% |
| 50 AED | 837,942.01441 PINGPONG | 922,509.225 PINGPONG | -10.10% |
| 100 AED | 1,675,884.02882 PINGPONG | 1,845,018.4501 PINGPONG | -10.10% |
| 1,000 AED | 16,758,840.2882 PINGPONG | 18,450,184.5018 PINGPONG | -10.10% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 10:23 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 16,758.8402 PINGPONG | 17,500.875 PINGPONG | -4.43% |
| 5 AED | 83,794.2014 PINGPONG | 87,504.3752 PINGPONG | -4.43% |
| 10 AED | 167,588.4028 PINGPONG | 175,008.7504 PINGPONG | -4.43% |
| 50 AED | 837,942.01441 PINGPONG | 875,043.7521 PINGPONG | -4.43% |
| 100 AED | 1,675,884.02882 PINGPONG | 1,750,087.5043 PINGPONG | -4.43% |
| 1,000 AED | 16,758,840.2882 PINGPONG | 17,500,875.04375 PINGPONG | -4.43% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 10:23 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 16,758.8402 PINGPONG | 4.7303 PINGPONG | +99.97% |
| 5 AED | 83,794.2014 PINGPONG | 23.6518 PINGPONG | +99.97% |
| 10 AED | 167,588.4028 PINGPONG | 47.3036 PINGPONG | +99.97% |
| 50 AED | 837,942.01441 PINGPONG | 236.5184 PINGPONG | +99.97% |
| 100 AED | 1,675,884.02882 PINGPONG | 473.03689 PINGPONG | +99.97% |
| 1,000 AED | 16,758,840.2882 PINGPONG | 4,730.3689 PINGPONG | +99.97% |