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AED to SHRED price chart
AED to ShredN 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 ShredN
ShredN price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.003984 |
2 | 0.007969 |
3 | 0.01195 |
5 | 0.01992 |
10 | 0.03984 |
25 | 0.09961 |
50 | 0.1992 |
100 | 0.3984 |
1,000 | 3.9846 |
Saudi Arabian Riyal | |
|---|---|
1 | 250.9622 |
5 | 1,254.8114 |
10 | 2,509.6228 |
20 | 5,019.2456 |
50 | 12,548.1141 |
100 | 25,096.2283 |
200 | 50,192.4567 |
500 | 125,481.1417 |
1,000 | 250,962.2835 |
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Saudi Arabian Riyal to ShredN performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:40 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 238.4927 SHRED | 230.7869 SHRED | +3.23% |
| 5 AED | 1,192.4636 SHRED | 1,153.9349 SHRED | +3.23% |
| 10 AED | 2,384.9272 SHRED | 2,307.8698 SHRED | +3.23% |
| 50 AED | 11,924.6362 SHRED | 11,539.3491 SHRED | +3.23% |
| 100 AED | 23,849.2725 SHRED | 23,078.6983 SHRED | +3.23% |
| 1,000 AED | 238,492.7259 SHRED | 230,786.9836 SHRED | +3.23% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:40 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 238.4927 SHRED | 244.439 SHRED | -2.50% |
| 5 AED | 1,192.4636 SHRED | 1,222.195 SHRED | -2.50% |
| 10 AED | 2,384.9272 SHRED | 2,444.3901 SHRED | -2.50% |
| 50 AED | 11,924.6362 SHRED | 12,221.9506 SHRED | -2.50% |
| 100 AED | 23,849.2725 SHRED | 24,443.9012 SHRED | -2.50% |
| 1,000 AED | 238,492.7259 SHRED | 244,439.01246 SHRED | -2.50% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:40 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 238.4927 SHRED | 107.631 SHRED | +54.87% |
| 5 AED | 1,192.4636 SHRED | 538.1552 SHRED | +54.87% |
| 10 AED | 2,384.9272 SHRED | 1,076.3104 SHRED | +54.87% |
| 50 AED | 11,924.6362 SHRED | 5,381.552 SHRED | +54.87% |
| 100 AED | 23,849.2725 SHRED | 10,763.104 SHRED | +54.87% |
| 1,000 AED | 238,492.7259 SHRED | 107,631.04079 SHRED | +54.87% |