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AED to SNX price chart
AED to Synthetix 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 Synthetix
Synthetix price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.8006 |
2 | 1.6012 |
3 | 2.4018 |
5 | 4.003025 |
10 | 8.00605 |
25 | 20.01512 |
50 | 40.03025 |
100 | 80.0605 |
1,000 | 800.605 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.249 |
5 | 6.2452 |
10 | 12.4905 |
20 | 24.9811 |
50 | 62.4527 |
100 | 124.9055 |
200 | 249.811 |
500 | 624.5277 |
1,000 | 1,249.0554 |
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Saudi Arabian Riyal to Synthetix performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:42 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.2333 SNX | 1.3698 SNX | -11.07% |
| 5 AED | 6.1667 SNX | 6.8493 SNX | -11.07% |
| 10 AED | 12.3334 SNX | 13.6986 SNX | -11.07% |
| 50 AED | 61.6674 SNX | 68.4931 SNX | -11.07% |
| 100 AED | 123.3349 SNX | 136.9863 SNX | -11.07% |
| 1,000 AED | 1,233.3497 SNX | 1,369.863 SNX | -11.07% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:42 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.2333 SNX | 1.2156 SNX | +1.43% |
| 5 AED | 6.1667 SNX | 6.07828 SNX | +1.43% |
| 10 AED | 12.3334 SNX | 12.1565 SNX | +1.43% |
| 50 AED | 61.6674 SNX | 60.7828 SNX | +1.43% |
| 100 AED | 123.3349 SNX | 121.5657 SNX | +1.43% |
| 1,000 AED | 1,233.3497 SNX | 1,215.6576 SNX | +1.43% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:42 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.2333 SNX | 0.3875 SNX | +68.57% |
| 5 AED | 6.1667 SNX | 1.9379 SNX | +68.57% |
| 10 AED | 12.3334 SNX | 3.8759 SNX | +68.57% |
| 50 AED | 61.6674 SNX | 19.3798 SNX | +68.57% |
| 100 AED | 123.3349 SNX | 38.7596 SNX | +68.57% |
| 1,000 AED | 1,233.3497 SNX | 387.5968 SNX | +68.57% |