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AED to VERSE price chart
AED to Verse 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 Verse
Verse price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.{4}1296 |
2 | 0.{4}2592 |
3 | 0.{4}3889 |
5 | 0.{4}6481 |
10 | 0.0001296 |
25 | 0.000324 |
50 | 0.0006481 |
100 | 0.001296 |
1,000 | 0.01296 |
Saudi Arabian Riyal | |
|---|---|
1 | 77,139.2329 |
5 | 385,696.1646 |
10 | 771,392.3292 |
20 | 1,542,784.6584 |
50 | 3,856,961.646 |
100 | 7,713,923.2921 |
200 | 15,427,846.5842 |
500 | 38,569,616.4606 |
1,000 | 77,139,232.9212 |
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Saudi Arabian Riyal to Verse performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:33 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 77,160.4938 VERSE | 71,633.2378 VERSE | +7.16% |
| 5 AED | 385,802.4691 VERSE | 358,166.1891 VERSE | +7.16% |
| 10 AED | 771,604.9382 VERSE | 716,332.3782 VERSE | +7.16% |
| 50 AED | 3,858,024.6913 VERSE | 3,581,661.8911 VERSE | +7.16% |
| 100 AED | 7,716,049.3827 VERSE | 7,163,323.7822 VERSE | +7.16% |
| 1,000 AED | 77,160,493.8271 VERSE | 71,633,237.8223 VERSE | +7.16% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:33 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 77,160.4938 VERSE | 67,796.6101 VERSE | +12.13% |
| 5 AED | 385,802.4691 VERSE | 338,983.05084 VERSE | +12.13% |
| 10 AED | 771,604.9382 VERSE | 677,966.1016 VERSE | +12.13% |
| 50 AED | 3,858,024.6913 VERSE | 3,389,830.5084 VERSE | +12.13% |
| 100 AED | 7,716,049.3827 VERSE | 6,779,661.01694 VERSE | +12.13% |
| 1,000 AED | 77,160,493.8271 VERSE | 67,796,610.1694 VERSE | +12.13% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:33 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 77,160.4938 VERSE | 5,000 VERSE | +93.52% |
| 5 AED | 385,802.4691 VERSE | 25,000 VERSE | +93.52% |
| 10 AED | 771,604.9382 VERSE | 50,000 VERSE | +93.52% |
| 50 AED | 3,858,024.6913 VERSE | 250,000 VERSE | +93.52% |
| 100 AED | 7,716,049.3827 VERSE | 500,000 VERSE | +93.52% |
| 1,000 AED | 77,160,493.8271 VERSE | 5,000,000 VERSE | +93.52% |