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 | 0.01692 |
2 | 0.03385 |
3 | 0.05077 |
5 | 0.08463 |
10 | 0.1692 |
25 | 0.4231 |
50 | 0.8463 |
100 | 1.6926 |
1,000 | 16.926 |
Saudi Arabian Riyal | |
|---|---|
1 | 59.08038 |
5 | 295.4019 |
10 | 590.8038 |
20 | 1,181.6076 |
50 | 2,954.01922 |
100 | 5,908.03845 |
200 | 11,816.0769 |
500 | 29,540.1922 |
1,000 | 59,080.3845 |
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Saudi Arabian Riyal to WAX performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 1:44 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 59.1715 WAXP | 74.7384 WAXP | -26.31% |
| 5 AED | 295.8579 WAXP | 373.692 WAXP | -26.31% |
| 10 AED | 591.7159 WAXP | 747.3841 WAXP | -26.31% |
| 50 AED | 2,958.5798 WAXP | 3,736.9207 WAXP | -26.31% |
| 100 AED | 5,917.1597 WAXP | 7,473.8415 WAXP | -26.31% |
| 1,000 AED | 59,171.5976 WAXP | 74,738.4155 WAXP | -26.31% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 1:44 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 59.1715 WAXP | 68.9655 WAXP | -16.56% |
| 5 AED | 295.8579 WAXP | 344.8275 WAXP | -16.56% |
| 10 AED | 591.7159 WAXP | 689.6551 WAXP | -16.56% |
| 50 AED | 2,958.5798 WAXP | 3,448.2758 WAXP | -16.56% |
| 100 AED | 5,917.1597 WAXP | 6,896.5517 WAXP | -16.56% |
| 1,000 AED | 59,171.5976 WAXP | 68,965.5172 WAXP | -16.56% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 1:44 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 59.1715 WAXP | 12.955 WAXP | +78.10% |
| 5 AED | 295.8579 WAXP | 64.7752 WAXP | +78.10% |
| 10 AED | 591.7159 WAXP | 129.5504 WAXP | +78.10% |
| 50 AED | 2,958.5798 WAXP | 647.7522 WAXP | +78.10% |
| 100 AED | 5,917.1597 WAXP | 1,295.5045 WAXP | +78.10% |
| 1,000 AED | 59,171.5976 WAXP | 12,955.04599 WAXP | +78.10% |