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OPEN to AED Converter and calculator

OPEN/AED: 1 OPEN = 0.0009114 AED. The price of converting 1 Open Custody Protocol (OPEN) to United Arab Emirates Dirham (AED) is 0.0009114 AED today.
OPEN
OPEN
AED
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OPEN to AED real-time exchange rates, making it easy to convert Open Custody Protocol (OPEN) to United Arab Emirates Dirham (AED). The conversion result is based on real-time data. The conversion result shows that 1 OPEN is currently valued at 0.00 AED. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OPEN is currently valued at 0.00 AED, which means buying 5 OPEN would cost 0.00 AED. Similarly, د.إ1 AED can be converted to 1,097.22 OPEN, and د.إ50 AED can be converted to 5,486.11 OPEN, excluding any platform or gas fees.

Convert OPEN to AED

Convert AED to OPEN

Open Custody Protocol
United Arab Emirates Dirham
1 OPEN
0.0009114  AED
10 OPEN
0.009114  AED
100 OPEN
0.09114  AED
1000 OPEN
0.9114  AED
In the table above, you'll find a comprehensive OPEN to AED converter that shows the value of Open Custody Protocol in United Arab Emirates Dirham across commonly used conversion amounts. The list covers conversions from 1 OPEN to AED, all the way up to 10000 OPEN, providing a clear view of their respective values.
United Arab Emirates Dirham
Open Custody Protocol
100 AED
109,722.17 OPEN
200 AED
219,444.33 OPEN
500 AED
548,610.83 OPEN
1000 AED
1,097,221.65 OPEN
2000 AED
2,194,443.31 OPEN
5000 AED
5,486,108.27 OPEN
10000 AED
10,972,216.55 OPEN
50000 AED
54,861,082.75 OPEN
100000 AED
109,722,165.49 OPEN
In the table above, you'll find a comprehensive AED to OPEN converter that shows the value of United Arab Emirates Dirham in Open Custody Protocol across commonly used conversion amounts. The list covers conversions from 1 AED to OPEN, all the way up to 100000 AED, providing a clear view of their respective values.

OPEN to AED chart

OPEN/AED: 1 OPEN = 0.0009114 AED; 2025/04/29 12:19:49
In the past 1D, Open Custody Protocol has changed -42.81% to AED. Based on the trend and price charts, Open Custody Protocol(OPEN) has changed -42.81% to AED while United Arab Emirates Dirham(AED) has changed % to OPEN in the last 24 hours.
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OPEN to AED conversion data: Volatility and price changes of Open Custody Protocol in AED

The highest Open Custody Protocol price in AED over the past 7 days was 0.002550 AED while the lowest Open Custody Protocol price in AED over the past 7 days was 0.0009114 AED. The relative change between the highs and lows in Open Custody Protocol price in AED over the last 7 days indicates a volatility of %. You can view additional volatility data and OPEN 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
0.001594 AED
0.002550 AED
0.01616 AED
0.03460 AED
Low
0.0009114 AED
0.0009114 AED
0.0009114 AED
0.0009114 AED
Average
0 AED
0 AED
0 AED
0 AED
Volatility
%
%
%
%
Change
-42.81%
-68.98%
-94.36%
-97.09%

Open Custody Protocol information

OPEN to AED market statistics

OPEN/AED:
د.إ0.0009114
OPEN 24h volume:
د.إ4.6
OPEN market cap:
د.إ916,297.84
OPEN circulating supply:
1.01B OPEN

Current OPEN to AED exchange rate

Open Custody Protocol to United Arab Emirates Dirham is falling this week.
Open Custody Protocol's current market price is د.إ0.0009114 per OPEN, with a total market cap of د.إ916,297.84 AED based on a circulating supply of 1,005,381,900 OPEN. The trading volume of Open Custody Protocol has changed by 0.00% (د.إ0 AED) in the last 24 hours. Last trading day, OPEN's trading volume was د.إ4.6.

More info about Open Custody Protocol 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 Open Custody Protocol currency pair is the OPEN to AED, with for Open Custody Protocol's currency code being OPEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AED.

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How to convert OPEN to AED

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Bitget P2P trading does not currently support direct buying of OPEN with AED. However, you can buy USDT in Bitget P2P trading first, and then buy OPEN with USDT via Bitget spot market.
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OPEN to AED Conversion tables

The exchange rate of Open Custody Protocol is decreasing.
The exchange rate of 1 OPEN to United Arab Emirates Dirham has changed by -68.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by -42.81%, reaching a high of 0.001594 AED and a low of 0.0009114 AED . One month ago, the value of 1 OPEN was د.إ0.01616 AED , which represents a -94.36% change from its current value. Over the last year, Open Custody Protocol has changed by
-د.إ
0.1189AED
, resulting in a change of -99.24% in its value.
24 hours ago1 month ago1 year ago
Amount12:19 today24 hours ago24h change
0.5 OPENد.إ0.0004557د.إ0.0007968
-42.81%
1 OPENد.إ0.0009114د.إ0.001594
-42.81%
5 OPENد.إ0.004557د.إ0.007968
-42.81%
10 OPENد.إ0.009114د.إ0.01594
-42.81%
50 OPENد.إ0.04557د.إ0.07968
-42.81%
100 OPENد.إ0.09114د.إ0.1594
-42.81%
500 OPENد.إ0.4557د.إ0.7968
-42.81%
1000 OPENد.إ0.9114د.إ1.59
-42.81%

OPEN to AED FAQ

How much is 1 Open Custody Protocol in AED?
Right now, the price of 1 Open Custody Protocol (OPEN) in United Arab Emirates Dirham (AED) is د.إ0.0009114.
How much OPEN can I buy for 1 AED?
Based on the current exchange rate, you can get 1,097.22 OPEN for 1 AED.
How do I calculate or convert OPEN to AED?
You can use our OPEN to AED calculator at the top of this page to convert any amount of OPEN to AED. We've also included quick-reference tables for the most popular conversions. For example, 5 AED is equivalent to 5,486.11 OPEN, while 5 OPEN will cost around 0.004557AED.
What is the highest price of OPEN/AED in history?
The all-time high price of 1 OPEN in AED is د.إ35.89. It remains to be seen if the value of 1 OPEN/AED will exceed the current all-time high.
What is the price trend of Open Custody Protocol in AED?
Over the past 7 days, the exchange rate of Open Custody Protocol (OPEN) has gone down by 68.98%.   Over the last month, the exchange rate of Open Custody Protocol (OPEN) has gone down by 94.36% against United Arab Emirates Dirham (AED).

What factors influence the conversion rate of OPEN to AED?

There are many factors that affect the relationship between Open Custody Protocol 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 OPEN/AED. When there is positive news in the market about the widespread adoption of OPEN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OPEN/AED. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OPEN/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 OPEN/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 Open Custody Protocol and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.