All six GCC currencies — the UAE Dirham (AED), Saudi Riyal (SAR), Qatari Riyal (QAR), Bahraini Dinar (BHD), Kuwaiti Dinar (KWD), and Omani Rial (OMR) — are either pegged to the USD or managed against a basket heavily weighted toward the USD. This means GCC cross-rates are highly stable. The Kuwaiti Dinar is the highest-valued GCC currency (approximately 3.25 USD), followed by the Omani Rial (2.60 USD) and the Bahraini Dinar (2.65 USD). The AED, SAR, and QAR are all valued at approximately 0.27 USD. This stability facilitates intra-GCC trade and investment.