Convert AED to WAXP | Live WAX Calculator
AED to WAXP price chart
AED to WAX 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 WAX
WAX price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.01475 |
2 | 0.02951 |
3 | 0.04426 |
5 | 0.07378 |
10 | 0.1475 |
25 | 0.3689 |
50 | 0.7378 |
100 | 1.4756 |
1,000 | 14.7561 |
Saudi Arabian Riyal | |
|---|---|
1 | 67.7685 |
5 | 338.8428 |
10 | 677.6856 |
20 | 1,355.3712 |
50 | 3,388.428 |
100 | 6,776.856 |
200 | 13,553.7121 |
500 | 33,884.2804 |
1,000 | 67,768.5608 |
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Saudi Arabian Riyal to WAX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 4:57 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 67.8426 WAXP | 66.8449 WAXP | +1.47% |
| 5 AED | 339.213 WAXP | 334.2245 WAXP | +1.47% |
| 10 AED | 678.426 WAXP | 668.4491 WAXP | +1.47% |
| 50 AED | 3,392.1302 WAXP | 3,342.2459 WAXP | +1.47% |
| 100 AED | 6,784.2605 WAXP | 6,684.4919 WAXP | +1.47% |
| 1,000 AED | 67,842.6051 WAXP | 66,844.9197 WAXP | +1.47% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 4:57 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 67.8426 WAXP | 44.6428 WAXP | +34.19% |
| 5 AED | 339.213 WAXP | 223.2142 WAXP | +34.19% |
| 10 AED | 678.426 WAXP | 446.4285 WAXP | +34.19% |
| 50 AED | 3,392.1302 WAXP | 2,232.1428 WAXP | +34.19% |
| 100 AED | 6,784.2605 WAXP | 4,464.2857 WAXP | +34.19% |
| 1,000 AED | 67,842.6051 WAXP | 44,642.8571 WAXP | +34.19% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 4:57 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 67.8426 WAXP | 25.9134 WAXP | +61.80% |
| 5 AED | 339.213 WAXP | 129.5672 WAXP | +61.80% |
| 10 AED | 678.426 WAXP | 259.1344 WAXP | +61.80% |
| 50 AED | 3,392.1302 WAXP | 1,295.6724 WAXP | +61.80% |
| 100 AED | 6,784.2605 WAXP | 2,591.3449 WAXP | +61.80% |
| 1,000 AED | 67,842.6051 WAXP | 25,913.449 WAXP | +61.80% |