Convert AED to STEEM | Live Steem Calculator
AED to STEEM price chart
AED to Steem 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 Steem
Steem price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.1975 |
2 | 0.395 |
3 | 0.5925 |
5 | 0.9875 |
10 | 1.975 |
25 | 4.9376 |
50 | 9.8753 |
100 | 19.7507 |
1000 | 197.507 |
Saudi Arabian Riyal | |
|---|---|
1 | 5.06311 |
5 | 25.3155 |
10 | 50.6311 |
20 | 101.2622 |
50 | 253.1555 |
100 | 506.311 |
200 | 1012.622 |
500 | 2531.5552 |
1000 | 5063.1104 |
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Saudi Arabian Riyal to Steem performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:18 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 5.07872 STEEM | 5.0454 STEEM | +0.65% |
| 5 AED | 25.3936 STEEM | 25.227 STEEM | +0.65% |
| 10 AED | 50.7872 STEEM | 50.454 STEEM | +0.65% |
| 50 AED | 253.936 STEEM | 252.2704 STEEM | +0.65% |
| 100 AED | 507.872 STEEM | 504.5408 STEEM | +0.65% |
| 1000 AED | 5078.7201 STEEM | 5045.4086 STEEM | +0.65% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:18 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 5.07872 STEEM | 4.6554 STEEM | +8.33% |
| 5 AED | 25.3936 STEEM | 23.2774 STEEM | +8.33% |
| 10 AED | 50.7872 STEEM | 46.5549 STEEM | +8.33% |
| 50 AED | 253.936 STEEM | 232.7746 STEEM | +8.33% |
| 100 AED | 507.872 STEEM | 465.5493 STEEM | +8.33% |
| 1000 AED | 5078.7201 STEEM | 4655.4934 STEEM | +8.33% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:18 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 5.07872 STEEM | 1.7879 STEEM | +64.79% |
| 5 AED | 25.3936 STEEM | 8.9397 STEEM | +64.79% |
| 10 AED | 50.7872 STEEM | 17.8794 STEEM | +64.79% |
| 50 AED | 253.936 STEEM | 89.3974 STEEM | +64.79% |
| 100 AED | 507.872 STEEM | 178.7949 STEEM | +64.79% |
| 1000 AED | 5078.7201 STEEM | 1787.9492 STEEM | +64.79% |