Convert AED to SMT | Live SmartMall Calculator
AED to SMT price chart
AED to SmartMall 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 SmartMall
SmartMall price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.05938 |
2 | 0.1187 |
3 | 0.1781 |
5 | 0.2969 |
10 | 0.5938 |
25 | 1.4846 |
50 | 2.9692 |
100 | 5.9384 |
1,000 | 59.3843 |
Saudi Arabian Riyal | |
|---|---|
1 | 16.8394 |
5 | 84.1973 |
10 | 168.3946 |
20 | 336.7892 |
50 | 841.973 |
100 | 1,683.946 |
200 | 3,367.8921 |
500 | 8,419.7302 |
1,000 | 16,839.4605 |
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Saudi Arabian Riyal to SmartMall performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 16.8406 SMT | 16.7476 SMT | +0.55% |
| 5 AED | 84.2034 SMT | 83.738 SMT | +0.55% |
| 10 AED | 168.4068 SMT | 167.4761 SMT | +0.55% |
| 50 AED | 842.03435 SMT | 837.3806 SMT | +0.55% |
| 100 AED | 1,684.06871 SMT | 1,674.7613 SMT | +0.55% |
| 1,000 AED | 16,840.6871 SMT | 16,747.6134 SMT | +0.55% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 16.8406 SMT | 10.554 SMT | +37.32% |
| 5 AED | 84.2034 SMT | 52.7704 SMT | +37.32% |
| 10 AED | 168.4068 SMT | 105.5408 SMT | +37.32% |
| 50 AED | 842.03435 SMT | 527.7044 SMT | +37.32% |
| 100 AED | 1,684.06871 SMT | 1,055.4089 SMT | +37.32% |
| 1,000 AED | 16,840.6871 SMT | 10,554.0897 SMT | +37.32% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 9:40 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 16.8406 SMT | 0.2433 SMT | +98.55% |
| 5 AED | 84.2034 SMT | 1.2165 SMT | +98.55% |
| 10 AED | 168.4068 SMT | 2.433 SMT | +98.55% |
| 50 AED | 842.03435 SMT | 12.1654 SMT | +98.55% |
| 100 AED | 1,684.06871 SMT | 24.3309 SMT | +98.55% |
| 1,000 AED | 16,840.6871 SMT | 243.309 SMT | +98.55% |