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POLYX to AED Converter and calculator

POLYX/AED: 1 POLYX = 0.5925 AED. The price of converting 1 Polymesh (POLYX) to United Arab Emirates Dirham (AED) is 0.5925 AED today.
POLYX
POLYX
AED
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides POLYX to AED real-time exchange rates, making it easy to convert Polymesh (POLYX) to United Arab Emirates Dirham (AED). The conversion result is based on real-time data. The conversion result shows that 1 POLYX is currently valued at 0.59 AED. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 POLYX is currently valued at 0.59 AED, which means buying 5 POLYX would cost 2.96 AED. Similarly, د.إ1 AED can be converted to 1.69 POLYX, and د.إ50 AED can be converted to 8.44 POLYX, excluding any platform or gas fees.

Convert POLYX to AED

Convert AED to POLYX

Polymesh
United Arab Emirates Dirham
200 POLYX
118.49  AED
500 POLYX
296.23  AED
1000 POLYX
592.45  AED
5000 POLYX
2,962.27  AED
10000 POLYX
5,924.55  AED
In the table above, you'll find a comprehensive POLYX to AED converter that shows the value of Polymesh in United Arab Emirates Dirham across commonly used conversion amounts. The list covers conversions from 1 POLYX to AED, all the way up to 10000 POLYX, providing a clear view of their respective values.
United Arab Emirates Dirham
Polymesh
1000 AED
1,687.89 POLYX
2000 AED
3,375.78 POLYX
5000 AED
8,439.46 POLYX
10000 AED
16,878.92 POLYX
50000 AED
84,394.61 POLYX
100000 AED
168,789.22 POLYX
In the table above, you'll find a comprehensive AED to POLYX converter that shows the value of United Arab Emirates Dirham in Polymesh across commonly used conversion amounts. The list covers conversions from 1 AED to POLYX, all the way up to 100000 AED, providing a clear view of their respective values.

POLYX to AED chart

POLYX/AED: 1 POLYX = 0.5925 AED; 2025/04/27 02:35:41
In the past 1D, Polymesh has changed -0.43% to AED. Based on the trend and price charts, Polymesh(POLYX) has changed -0.43% to AED while United Arab Emirates Dirham(AED) has changed % to POLYX in the last 24 hours.
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POLYX to AED conversion data: Volatility and price changes of Polymesh in AED

The highest Polymesh price in AED over the past 7 days was 0.6244 AED while the lowest Polymesh price in AED over the past 7 days was 0.5396 AED. The relative change between the highs and lows in Polymesh price in AED over the last 7 days indicates a volatility of %. You can view additional volatility data and POLYX to AED prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.6141 AED
0.6244 AED
0.6244 AED
0.8771 AED
Low
0.5855 AED
0.5396 AED
0.3875 AED
0.3875 AED
Average
0 AED
0 AED
0 AED
0 AED
Volatility
%
%
%
%
Change
-0.43%
+9.58%
+19.30%
-32.28%

Polymesh information

POLYX to AED market statistics

POLYX/AED:
د.إ0.5925
POLYX 24h volume:
--
POLYX market cap:
--
POLYX circulating supply:
-- POLYX

Current POLYX to AED exchange rate

Polymesh to United Arab Emirates Dirham is rising this week.
Polymesh's current market price is د.إ0.5925 per POLYX, with a total market cap of د.إ-- AED based on a circulating supply of -- POLYX. The trading volume of Polymesh has changed by --% (د.إ-- AED) in the last 24 hours. Last trading day, POLYX's trading volume was د.إ--.

More info about Polymesh on Bitget

United Arab Emirates Dirham information

About the United Arab Emirates Dirham (AED)

What Is the United Arab Emirates Dirham (AED)?

The United Arab Emirates Dirham, abbreviated as AED and locally referred to as Dh (singular) or Dhs (plural), is the sole legal tender in the United Arab Emirates (UAE). The United Arab Emirates is a federation of seven emirates including Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Fujairah, and Ras Al Khaimah. The symbol for the United Arab Emirates Dirham is د.إ, which is derived from its Arabic name "درهم إماراتي". The dirham, subdivided into 100 fils, is pegged to the United States Dollar at a rate of approximately 3.67 AED to 1 USD. x

The United Arab Emirates Dirham (AED) is issued by the Central Bank of the United Arab Emirates. The Central Bank is responsible for managing the currency, including its design, production, and distribution. It also oversees the monetary and financial stability of the currency, along with implementing monetary policies and maintaining foreign reserves.

What Is the History of AED?

The term 'dirham' traces its origins to the Greek drachma. Before 1966, the Gulf rupee, pegged to the Indian rupee, was in use across the emirates. Following India's devaluation of the Gulf rupee, the UAE, then the Trucial States, adopted various currencies, including the Qatar and Dubai riyal and the Bahraini dinar. In 1973, the UAE dirham was established as the unified currency, replacing the Bahraini dinar in Abu Dhabi and the Qatar and Dubai riyal in other emirates.

Notes and Coins of AED

The UAE introduced coins in denominations of 1, 5, 10, 25, and 50 fils, and 1 dirham in 1973. These coins feature Eastern Arabic numerals and Arabic text. The smaller denominations (1, 5, and 10 fils) are less commonly used, leading to rounding of amounts in transactions. The UAE has also issued commemorative coins for various events.

Banknotes were introduced in 1973 in denominations ranging from 1 to 1000 dirhams. Over the years, new series have been released, with the latest including polymer notes to commemorate significant national events. These notes feature Arabic texts and Eastern Arabic numerals on the obverse, and English texts with Arabic numerals on the reverse.

Exchange Rates and International Use

Since 1978, the dirham has been officially pegged to the IMF's special drawing rights (SDRs), but in practice, it has been closely tied to the U.S. dollar. This pegging ensures a stable exchange rate, making the AED a reliable currency for international trade and finance.

Is AED a Stable Currency?

The United Arab Emirates Dirham (AED) is considered a stable currency, largely due to its peg to the US Dollar at a fixed rate of about 3.67 AED to 1 USD, which ensures consistent exchange rates and protects it from market volatility. The UAE's strong and diverse economy, with significant income from oil, trade, tourism, and finance, supports the dirham's stability. The country's substantial foreign currency reserves further strengthen its financial position. The Central Bank of the UAE plays a crucial role in maintaining this stability through effective monetary policies and banking sector regulation. Additionally, the UAE's prominent economic and political role in the Middle East enhances confidence in the dirham, contributing to its reliability and stability as a currency.

Is AED Pegged to USD?

Yes, the United Arab Emirates Dirham (AED) is pegged to the United States Dollar (USD). The peg has been in place since the early 1970s. Under this arrangement, the value of the AED is fixed in terms of the USD, and the Central Bank of the UAE maintains this fixed exchange rate by ensuring that it holds sufficient foreign exchange reserves, primarily in USD, to support the peg. This means that the AED has a set exchange rate against the USD, and fluctuations in the value of the dollar directly impact the value of the dirham.

Bitget crypto-to-fiat exchange data shows that the most popular Polymesh currency pair is the POLYX to AED, with for Polymesh's currency code being POLYX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AED.

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How to convert POLYX to AED

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POLYX to AED Conversion tables

The exchange rate of Polymesh is increasing.
The exchange rate of 1 POLYX to United Arab Emirates Dirham has changed by +9.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.43%, reaching a high of 0.6141 AED and a low of 0.5855 AED . One month ago, the value of 1 POLYX was د.إ0.4966 AED , which represents a +19.30% change from its current value. Over the last year, Polymesh has changed by
-د.إ
0.6483AED
, resulting in a change of -52.25% in its value.
24 hours ago1 month ago1 year ago
Amount02:35 am today24 hours ago24h change
0.5 POLYXد.إ0.2962د.إ0.2975
-0.43%
1 POLYXد.إ0.5925د.إ0.5950
-0.43%
5 POLYXد.إ2.96د.إ2.98
-0.43%
10 POLYXد.إ5.92د.إ5.95
-0.43%
50 POLYXد.إ29.62د.إ29.75
-0.43%
100 POLYXد.إ59.25د.إ59.5
-0.43%
500 POLYXد.إ296.23د.إ297.51
-0.43%
1000 POLYXد.إ592.45د.إ595.03
-0.43%

POLYX to AED FAQ

How much is 1 Polymesh in AED?
Right now, the price of 1 Polymesh (POLYX) in United Arab Emirates Dirham (AED) is د.إ0.5925.
How much POLYX can I buy for 1 AED?
Based on the current exchange rate, you can get 1.69 POLYX for 1 AED.
How do I calculate or convert POLYX to AED?
You can use our POLYX to AED calculator at the top of this page to convert any amount of POLYX to AED. We've also included quick-reference tables for the most popular conversions. For example, 5 AED is equivalent to 8.44 POLYX, while 5 POLYX will cost around 2.96AED.
What is the highest price of POLYX/AED in history?
The all-time high price of 1 POLYX in AED is د.إ2.78. It remains to be seen if the value of 1 POLYX/AED will exceed the current all-time high.
What is the price trend of Polymesh in AED?
Over the past 7 days, the exchange rate of Polymesh (POLYX) has gone up by 9.58%.   Over the last month, the exchange rate of Polymesh (POLYX) has gone up by 19.30% against United Arab Emirates Dirham (AED).

What factors influence the conversion rate of POLYX to AED?

There are many factors that affect the relationship between Polymesh and United Arab Emirates Dirham, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of POLYX/AED. When there is positive news in the market about the widespread adoption of POLYX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of POLYX/AED. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in POLYX/AED.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of POLYX/AED. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Polymesh and adjust their investment strategies accordingly in the evolving market.

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