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AED to SHA price chart
AED to Safe Haven 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 Safe Haven
Safe Haven price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.0004774 |
2 | 0.0009548 |
3 | 0.001432 |
5 | 0.002387 |
10 | 0.004774 |
25 | 0.01193 |
50 | 0.02387 |
100 | 0.04774 |
1,000 | 0.4774 |
Saudi Arabian Riyal | |
|---|---|
1 | 2,094.5698 |
5 | 10,472.8491 |
10 | 20,945.6982 |
20 | 41,891.3965 |
50 | 104,728.4913 |
100 | 209,456.9827 |
200 | 418,913.9655 |
500 | 1,047,284.9138 |
1,000 | 2,094,569.8277 |
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Saudi Arabian Riyal to Safe Haven performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:56 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 2,094.6795 SHA | 3,361.3445 SHA | -60.48% |
| 5 AED | 10,473.3975 SHA | 16,806.7226 SHA | -60.48% |
| 10 AED | 20,946.7951 SHA | 33,613.4453 SHA | -60.48% |
| 50 AED | 104,733.9757 SHA | 168,067.2268 SHA | -60.48% |
| 100 AED | 209,467.9514 SHA | 336,134.4537 SHA | -60.48% |
| 1,000 AED | 2,094,679.514 SHA | 3,361,344.5378 SHA | -60.48% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:56 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 2,094.6795 SHA | 3,201.02432 SHA | -52.82% |
| 5 AED | 10,473.3975 SHA | 16,005.1216 SHA | -52.82% |
| 10 AED | 20,946.7951 SHA | 32,010.2432 SHA | -52.82% |
| 50 AED | 104,733.9757 SHA | 160,051.2163 SHA | -52.82% |
| 100 AED | 209,467.9514 SHA | 320,102.4327 SHA | -52.82% |
| 1,000 AED | 2,094,679.514 SHA | 3,201,024.3277 SHA | -52.82% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:56 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 2,094.6795 SHA | 1,875.4688 SHA | +10.46% |
| 5 AED | 10,473.3975 SHA | 9,377.3443 SHA | +10.46% |
| 10 AED | 20,946.7951 SHA | 18,754.6886 SHA | +10.46% |
| 50 AED | 104,733.9757 SHA | 93,773.4433 SHA | +10.46% |
| 100 AED | 209,467.9514 SHA | 187,546.8867 SHA | +10.46% |
| 1,000 AED | 2,094,679.514 SHA | 1,875,468.8672 SHA | +10.46% |