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AED to XROCK price chart
AED to xRocket 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 xRocket
xRocket price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.07972 |
2 | 0.1594 |
3 | 0.2391 |
5 | 0.3986 |
10 | 0.7972 |
25 | 1.9932 |
50 | 3.9864 |
100 | 7.9729 |
1,000 | 79.7299 |
Saudi Arabian Riyal | |
|---|---|
1 | 12.5423 |
5 | 62.7116 |
10 | 125.4233 |
20 | 250.8466 |
50 | 627.1167 |
100 | 1,254.2334 |
200 | 2,508.4668 |
500 | 6,271.1671 |
1,000 | 12,542.3342 |
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Saudi Arabian Riyal to xRocket performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:57 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 12.4517 XROCK | 14.08847 XROCK | -13.15% |
| 5 AED | 62.2587 XROCK | 70.4423 XROCK | -13.15% |
| 10 AED | 124.5174 XROCK | 140.8847 XROCK | -13.15% |
| 50 AED | 622.5874 XROCK | 704.4237 XROCK | -13.15% |
| 100 AED | 1,245.1749 XROCK | 1,408.8475 XROCK | -13.15% |
| 1,000 AED | 12,451.7494 XROCK | 14,088.4756 XROCK | -13.15% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:57 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 12.4517 XROCK | 17.4886 XROCK | -40.46% |
| 5 AED | 62.2587 XROCK | 87.4431 XROCK | -40.46% |
| 10 AED | 124.5174 XROCK | 174.8863 XROCK | -40.46% |
| 50 AED | 622.5874 XROCK | 874.4316 XROCK | -40.46% |
| 100 AED | 1,245.1749 XROCK | 1,748.8632 XROCK | -40.46% |
| 1,000 AED | 12,451.7494 XROCK | 17,488.6323 XROCK | -40.46% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:57 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 12.4517 XROCK | 13.1113 XROCK | -5.30% |
| 5 AED | 62.2587 XROCK | 65.5565 XROCK | -5.30% |
| 10 AED | 124.5174 XROCK | 131.1131 XROCK | -5.30% |
| 50 AED | 622.5874 XROCK | 655.5657 XROCK | -5.30% |
| 100 AED | 1,245.1749 XROCK | 1,311.1315 XROCK | -5.30% |
| 1,000 AED | 12,451.7494 XROCK | 13,111.315 XROCK | -5.30% |