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 | 0.02227 |
2 | 0.04455 |
3 | 0.06683 |
5 | 0.1113 |
10 | 0.2227 |
25 | 0.5569 |
50 | 1.1138 |
100 | 2.2277 |
1000 | 22.2773 |
Saudi Arabian Riyal | |
|---|---|
1 | 44.8885 |
5 | 224.4428 |
10 | 448.8857 |
20 | 897.7714 |
50 | 2244.4285 |
100 | 4488.8571 |
200 | 8977.7143 |
500 | 22444.2859 |
1000 | 44888.5719 |
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Saudi Arabian Riyal to WAX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 12:20 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 45.0045 WAXP | 38.5802 WAXP | +14.27% |
| 5 AED | 225.0225 WAXP | 192.9012 WAXP | +14.27% |
| 10 AED | 450.045 WAXP | 385.8024 WAXP | +14.27% |
| 50 AED | 2250.225 WAXP | 1929.01234 WAXP | +14.27% |
| 100 AED | 4500.45 WAXP | 3858.02469 WAXP | +14.27% |
| 1000 AED | 45004.5004 WAXP | 38580.2469 WAXP | +14.27% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 12:20 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 45.0045 WAXP | 42.8265 WAXP | +4.83% |
| 5 AED | 225.0225 WAXP | 214.1327 WAXP | +4.83% |
| 10 AED | 450.045 WAXP | 428.2655 WAXP | +4.83% |
| 50 AED | 2250.225 WAXP | 2141.3276 WAXP | +4.83% |
| 100 AED | 4500.45 WAXP | 4282.6552 WAXP | +4.83% |
| 1000 AED | 45004.5004 WAXP | 42826.5524 WAXP | +4.83% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 12:20 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 45.0045 WAXP | 10.1461 WAXP | +77.45% |
| 5 AED | 225.0225 WAXP | 50.7305 WAXP | +77.45% |
| 10 AED | 450.045 WAXP | 101.461 WAXP | +77.45% |
| 50 AED | 2250.225 WAXP | 507.3051 WAXP | +77.45% |
| 100 AED | 4500.45 WAXP | 1014.6103 WAXP | +77.45% |
| 1000 AED | 45004.5004 WAXP | 10146.1038 WAXP | +77.45% |