Asset

United Arab Emirates dirham / Saudi riyal

AEDSAR
forex
$1.02
stockPerformance $-0.00010 (-0.010%)
Updated: 18 Jan, 3:02 pm UTC
No Trading Data Available
Description
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates. It is a popular currency for investments and financial markets due to its relative stability and low inflation. The AED is pegged to the US dollar and has a fixed exchange rate, making it an attractive option for investors looking to reduce risk. The currency has a strong presence in the Middle East and is used for international transactions and trade. As a result, the AED is an important part of the global financial system and is often a preferred choice for investors and traders looking for a stable and reliable currency.