Today's AED to QAR Price Update

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Summary

This report provides the real-time exchange rate between the UAE Dirham (AED) and the Qatari Riyal (QAR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The UAE Dirham (AED) and the Qatari Riyal (QAR) are both major fiat currencies in the Gulf Cooperation Council region. The exchange rate between them reflects the relative economic strength and monetary policies of the United Arab Emirates and Qatar, serving as an important indicator for regional currency traders and businesses engaged in cross-border transactions.

Today’s Price

  • 1 AED = 0.991 QAR
  • 24h High: 0.99119 QAR
  • 24h Low: 0.99114 QAR

Market Analysis

The AED/QAR pair demonstrates minimal volatility, with a 30-day volatility rate of 0.06%, reflecting the stable nature of both regional currencies.

  • Technical indicators: The 14-day RSI reading stands at 54.50, suggesting neutral market conditions with no clear directional bias
  • Current sentiment: AED/QAR holds several positive signals but is currently considered a hold position rather than a buy opportunity at current levels
  • Trading considerations: Monitor for potential breakouts from the established price range as new market drivers emerge

Conclusion

Continue to monitor the AED/QAR pair using technical analysis tools and live charts to identify emerging trading opportunities. Given the neutral technical conditions and current hold sentiment, traders should await clearer directional signals before establishing new positions.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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