Convert United Arab Emirates Dirham to Saudi Riyal
Please provide values below to convert United Arab Emirates Dirham [AED] to Saudi Riyal [SAR], or Convert Saudi Riyal to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Saudi Riyal
1 AED = 0.979333333333333 SAR
Example: convert 15 AED to SAR:
15 AED = 15 × 0.979333333333333 SAR = 14.69 SAR
United Arab Emirates Dirham to Saudi Riyal Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.