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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 RealBriefly
RealBriefly price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.006074 |
2 | 0.01214 |
3 | 0.01822 |
5 | 0.03037 |
10 | 0.06074 |
25 | 0.1518 |
50 | 0.3037 |
100 | 0.6074 |
1,000 | 6.07431 |
Saudi Arabian Riyal | |
|---|---|
1 | 164.6276 |
5 | 823.138 |
10 | 1,646.2761 |
20 | 3,292.5523 |
50 | 8,231.3808 |
100 | 16,462.7616 |
200 | 32,925.5232 |
500 | 82,313.8082 |
1,000 | 164,627.6164 |
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Saudi Arabian Riyal to RealBriefly performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 3:03 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 165.8374 REAL | 158.6042 REAL | +4.36% |
| 5 AED | 829.1873 REAL | 793.02141 REAL | +4.36% |
| 10 AED | 1,658.3747 REAL | 1,586.04282 REAL | +4.36% |
| 50 AED | 8,291.8739 REAL | 7,930.2141 REAL | +4.36% |
| 100 AED | 16,583.7479 REAL | 15,860.4282 REAL | +4.36% |
| 1,000 AED | 165,837.4792 REAL | 158,604.2823 REAL | +4.36% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 3:03 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 165.8374 REAL | 141.6029 REAL | +14.61% |
| 5 AED | 829.1873 REAL | 708.01472 REAL | +14.61% |
| 10 AED | 1,658.3747 REAL | 1,416.02945 REAL | +14.61% |
| 50 AED | 8,291.8739 REAL | 7,080.1472 REAL | +14.61% |
| 100 AED | 16,583.7479 REAL | 14,160.2945 REAL | +14.61% |
| 1,000 AED | 165,837.4792 REAL | 141,602.9453 REAL | +14.61% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 3:03 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 165.8374 REAL | 11.1744 REAL | +93.26% |
| 5 AED | 829.1873 REAL | 55.8721 REAL | +93.26% |
| 10 AED | 1,658.3747 REAL | 111.7443 REAL | +93.26% |
| 50 AED | 8,291.8739 REAL | 558.7216 REAL | +93.26% |
| 100 AED | 16,583.7479 REAL | 1,117.4432 REAL | +93.26% |
| 1,000 AED | 165,837.4792 REAL | 11,174.4328 REAL | +93.26% |