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AED to SOON price chart
AED to SOON 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 SOON
SOON price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.9662 |
2 | 1.9324 |
3 | 2.8986 |
5 | 4.831 |
10 | 9.662 |
25 | 24.1552 |
50 | 48.3104 |
100 | 96.6208 |
1,000 | 966.2084 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.03497 |
5 | 5.1748 |
10 | 10.3497 |
20 | 20.6994 |
50 | 51.7486 |
100 | 103.4973 |
200 | 206.9946 |
500 | 517.4866 |
1,000 | 1,034.9733 |
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Saudi Arabian Riyal to SOON performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 11:54 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.02997 SOON | 1.02448 SOON | +0.53% |
| 5 AED | 5.1498 SOON | 5.1224 SOON | +0.53% |
| 10 AED | 10.2997 SOON | 10.2448 SOON | +0.53% |
| 50 AED | 51.4986 SOON | 51.2242 SOON | +0.53% |
| 100 AED | 102.9972 SOON | 102.4485 SOON | +0.53% |
| 1,000 AED | 1,029.9721 SOON | 1,024.4851 SOON | +0.53% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 11:54 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.02997 SOON | 0.8264 SOON | +19.76% |
| 5 AED | 5.1498 SOON | 4.1322 SOON | +19.76% |
| 10 AED | 10.2997 SOON | 8.2644 SOON | +19.76% |
| 50 AED | 51.4986 SOON | 41.3223 SOON | +19.76% |
| 100 AED | 102.9972 SOON | 82.6446 SOON | +19.76% |
| 1,000 AED | 1,029.9721 SOON | 826.4462 SOON | +19.76% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 11:54 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.02997 SOON | 0.1733 SOON | +83.17% |
| 5 AED | 5.1498 SOON | 0.8665 SOON | +83.17% |
| 10 AED | 10.2997 SOON | 1.7331 SOON | +83.17% |
| 50 AED | 51.4986 SOON | 8.6655 SOON | +83.17% |
| 100 AED | 102.9972 SOON | 17.331 SOON | +83.17% |
| 1,000 AED | 1,029.9721 SOON | 173.3102 SOON | +83.17% |