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Commonwealth Bank AUD to AED Exchange Rates Compared Live

The best AUD to AED exchange rate is 2.3924. Compare Commonwealth Bank foreign transfer and currency exchange rates, find better rates & deals.

AUD-AED Best Exchange Rate Calculator
 

Commonwealth Bank - Comparing AUD-AED exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.

The above Commonwealth Bank Aussie to United Arab Emirates dirham comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest AUD-AED mid-rate (see below) and the possible savings of using another provider.

 

CBA FX at a glance

CBA, or Commonwealth Bank of Australia, is one of the largest and most well-known banks in Australia, offering a wide range of financial products and services to individuals, businesses, and institutions. The bank provides a range of personal banking services, including savings and transaction accounts, credit cards, personal loans, and mortgages. The bank also offers investment and retirement planning services, insurance, and wealth management services.

CBA Exchange Rates – Are you getting a good deal?

If you are a CBA customer and looking to send money overseas through an International Money Transfer (IMT) or get some travel money, you might be curious as to how the exchange rates you receive from CBA compare to other FX specialist providers.

With BER, you can easily view the exchange rate margins or markups provided by CBA for a range of different currencies. The exchange rate margin is the difference between the rate at which CBA buys and sells a particular currency. For example, at the time of writing, CBA exchange rate margins range from 4% to 8% for the different currencies.

So sending or receiving international transfers to or from your CBA account will cost an extra amount (between 4% to 8%) – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

Commonwealth Bank does allow you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

 
@bestfxrates : AUD faces headwinds as market update suggests a bearish trend against AED. Analysts see AUD ranging from 0.64 to 0.66, eyeing US rate decisions & global factors. Commodity shifts & risk sentiment remain key influencers, with the AED's US$ peg adding stability. Watch for significant data impacts. #Forex #AUDtoAED #MarketAnalysis

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We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

AUD to AED Market Data

Australian dollar (AUD) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 AUD =
2.3924We compare provider deals to this wholesale mid-market rate. Read more
AED
-0.1%
📉2W
AUD to AED at 2.3965 is 1.0% below its 3-month average of 2.4212, having traded in a relatively stable 6.1% range from 2.3698 to 2.5145
|
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DateAUD/AEDChangePeriod
13 Mar 2024
2.4343
1.4% â–¼2 Week
28 Dec 2023
2.5072
4.3% â–¼3 Month
28 Mar 2023
2.4630
2.6% â–¼1 Year
29 Mar 2019
2.6053
7.9% â–¼5 Year
30 Mar 2014
3.3986
29.4% â–¼10 Year
01 Apr 2004
2.8148
14.8% â–¼20 Year
AUD/AED historic rates & change to 27-Mar-2024
 

What are equivalent amounts of AUD and AED?

Here are some popular conversion amounts for AUD to AED (Australian dollar to United Arab Emirates dirham)*.

AUD AED
A$ 1 د.إ 2.3924
A$ 5 د.إ 11.96
A$ 10 د.إ 23.92
A$ 20 د.إ 47.85
A$ 50 د.إ 119.62
A$ 100 د.إ 239.24
A$ 250 د.إ 598.10
A$ 500 د.إ 1,196
A$ 1,000 د.إ 2,392
A$ 2,000 د.إ 4,785
A$ 5,000 د.إ 11,962
A$ 10,000 د.إ 23,924
A$ 20,000 د.إ 47,848
A$ 50,000 د.إ 119,620
A$ 100,000 د.إ 239,240
AUD AED
A$ 0.4180 د.إ 1
A$ 2.0900 د.إ 5
A$ 4.1800 د.إ 10
A$ 8.3600 د.إ 20
A$ 20.90 د.إ 50
A$ 41.80 د.إ 100
A$ 104.50 د.إ 250
A$ 209.00 د.إ 500
A$ 418.00 د.إ 1,000
A$ 836.00 د.إ 2,000
A$ 2,090 د.إ 5,000
A$ 4,180 د.إ 10,000
A$ 8,360 د.إ 20,000
A$ 20,900 د.إ 50,000
A$ 41,800 د.إ 100,000

More amounts

*Converted at the current AUDAED interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for AUD to AED

 

Recent forecasts for the AUD to AED exchange rate indicate a challenging outlook for the Australian dollar (AUD) as it continues to face pressure amid global uncertainty and shifting expectations regarding US interest rates. The AUD struggled in February due to changing global rate expectations and lower commodity prices, leading to a break below US$0.6450 following robust US CPI inflation data. Market analysts highlight that the AUD may continue to fluctuate between 0.64 and 0.66 until a clearer path to US rate cuts emerges, with attention focused on US economic data and Federal Reserve policy changes.

Read our full review of recent AUD to AED forecasts.

 

How to get a good AUD to AED exchange rate

There are several ways to save on exchange rates when converting Australian dollar to United Arab Emirates dirham:

  1. Shop around for the best AUD/AED exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the AUD/AED rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both AUD and AED at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying United Arab Emirates dirham with Australian dollar, then it's better for the AUD/AED exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Australian dollar rise against the United Arab Emirates dirham?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add AUD/AED to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to UAE - a practical currency and money guide to travel, living and doing business in UAE with the United Arab Emirates dirham.

 
 
 

Currency Country Guides

AustraliaAustralia (AUD)UAEUAE (AED)
 

Is the Emirati dirham freely exchangeable?

Yes, the Emirati dirham (AED) is a freely exchangeable currency. It is pegged to the United States dollar (USD) at a fixed exchange rate of 1 AED to 0.272294 USD. This means that the value of the AED is fixed relative to the USD, and the exchange rate does not fluctuate.

The Emirati dirham can be exchanged for other currencies at banks, currency exchange offices, and bureaux de change. It is also possible to exchange AED for other currencies online or through international money transfer services.

Read more at our UAE (AED) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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