BestExchangeRates UAE - Compare & Save on Foreign Exchange
How BestExchangeRates can Save you Money in the United Arab Emirates
For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in the United States and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track AED rates – transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Popular AED Exchange Rates
Follow exchange rates via your personal BER Tracker Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Where do you want to Send Money?
We compare exchange rates from major financial institutions in the UAE.
Save with our partners who are among the best & most trusted brands in the UAE.
Get Better Currency Exchange Rates
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
What Currency do you want to Buy?
United Arab Emirates dirham market update
In the latest currency market update for the UAE dirham (AED), FX analysts note the continued stability of the AED against the US dollar (USD), which remains steadfast at its long-standing peg of approximately 3.6725. Given that all Gulf Cooperation Council (GCC) currencies, except for Kuwait’s, are tethered to the dollar, the exchange rates in this region are unlikely to fluctuate significantly in the near term. The market view emphasizes that the AED's valuation reflects its 3-month average of 0.2723 against the USD, indicating a consistent trading range with little divergence.
Conversely, the AED has exhibited more dynamic movement against major European currencies. The AED to Euro (EUR) trading at 0.2580 is now 2.5% above its 3-month average of 0.2517, demonstrating strength within a stable 7.4% range. In contrast, the AED to British pound (GBP) is facing pressure at recent 14-day lows of 0.2135, yet still holds 1.7% above its 3-month average of 0.2101. Additionally, against the Japanese yen (JPY), the AED has reached 7-day highs at approximately 41.22, representing a 1.3% increase over its 3-month average of 40.69. These fluctuations underscore the AED's varied performance against different currencies, providing valuable insights for businesses and individuals engaging in international transactions.
BestExchangeRates.com keeps you up-to-date on United Arab Emirates dirham forecasts by collating the views of reliable FX forecasters and economists together with recent AED price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.