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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 Reddio
Reddio price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{4}2027 |
2 | 0.{4}4055 |
3 | 0.{4}6082 |
5 | 0.0001013 |
10 | 0.0002027 |
25 | 0.0005068 |
50 | 0.001013 |
100 | 0.002027 |
1,000 | 0.02027 |
Saudi Arabian Riyal | |
|---|---|
1 | 49,319.7025 |
5 | 246,598.5125 |
10 | 493,197.02518 |
20 | 986,394.05036 |
50 | 2,465,985.1259 |
100 | 4,931,970.2518 |
200 | 9,863,940.5036 |
500 | 24,659,851.2591 |
1,000 | 49,319,702.5183 |
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Saudi Arabian Riyal to Reddio performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 49,333.9911 RDO | 42,390.8435 RDO | +14.07% |
| 5 AED | 246,669.9555 RDO | 211,954.2178 RDO | +14.07% |
| 10 AED | 493,339.9111 RDO | 423,908.4357 RDO | +14.07% |
| 50 AED | 2,466,699.5559 RDO | 2,119,542.1788 RDO | +14.07% |
| 100 AED | 4,933,399.1119 RDO | 4,239,084.3577 RDO | +14.07% |
| 1,000 AED | 49,333,991.1198 RDO | 42,390,843.5777 RDO | +14.07% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 49,333.9911 RDO | 30,478.5126 RDO | +38.22% |
| 5 AED | 246,669.9555 RDO | 152,392.5632 RDO | +38.22% |
| 10 AED | 493,339.9111 RDO | 304,785.1264 RDO | +38.22% |
| 50 AED | 2,466,699.5559 RDO | 1,523,925.6324 RDO | +38.22% |
| 100 AED | 4,933,399.1119 RDO | 3,047,851.2648 RDO | +38.22% |
| 1,000 AED | 49,333,991.1198 RDO | 30,478,512.6485 RDO | +38.22% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:15 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 49,333.9911 RDO | 339.9048 RDO | +99.31% |
| 5 AED | 246,669.9555 RDO | 1,699.5241 RDO | +99.31% |
| 10 AED | 493,339.9111 RDO | 3,399.04826 RDO | +99.31% |
| 50 AED | 2,466,699.5559 RDO | 16,995.2413 RDO | +99.31% |
| 100 AED | 4,933,399.1119 RDO | 33,990.4826 RDO | +99.31% |
| 1,000 AED | 49,333,991.1198 RDO | 339,904.8266 RDO | +99.31% |