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AED to TX price chart
AED to TransferCoin 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 TransferCoin
TransferCoin price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.8146 |
2 | 1.6293 |
3 | 2.444 |
5 | 4.07335 |
10 | 8.1467 |
25 | 20.3667 |
50 | 40.7335 |
100 | 81.4671 |
1,000 | 814.6714 |
Saudi Arabian Riyal | |
|---|---|
1 | 1.2274 |
5 | 6.1374 |
10 | 12.2748 |
20 | 24.5497 |
50 | 61.3744 |
100 | 122.7488 |
200 | 245.4977 |
500 | 613.7443 |
1,000 | 1,227.4887 |
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Saudi Arabian Riyal to TransferCoin performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 8:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 1.2275 TX | 1.2275 TX | -- |
| 5 AED | 6.1379 TX | 6.1379 TX | -- |
| 10 AED | 12.2759 TX | 12.2759 TX | -- |
| 50 AED | 61.3798 TX | 61.3798 TX | -- |
| 100 AED | 122.7596 TX | 122.7596 TX | -- |
| 1,000 AED | 1,227.5963 TX | 1,227.5963 TX | -- |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 8:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 1.2275 TX | 2.9507 TX | -140.37% |
| 5 AED | 6.1379 TX | 14.7536 TX | -140.37% |
| 10 AED | 12.2759 TX | 29.5072 TX | -140.37% |
| 50 AED | 61.3798 TX | 147.5361 TX | -140.37% |
| 100 AED | 122.7596 TX | 295.07229 TX | -140.37% |
| 1,000 AED | 1,227.5963 TX | 2,950.7229 TX | -140.37% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 8:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 1.2275 TX | 1.751 TX | -42.64% |
| 5 AED | 6.1379 TX | 8.755 TX | -42.64% |
| 10 AED | 12.2759 TX | 17.51 TX | -42.64% |
| 50 AED | 61.3798 TX | 87.5503 TX | -42.64% |
| 100 AED | 122.7596 TX | 175.1006 TX | -42.64% |
| 1,000 AED | 1,227.5963 TX | 1,751.006828 TX | -42.64% |