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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.
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 90-day AED price data. 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.
In recent currency market updates, analysts have noted that the United Arab Emirates dirham (AED) has remained predominantly stable against major currencies due to its peg to the US dollar. This peg has been in place since 1997, with the exchange rate fixed at around 3.6725 AED to 1 USD. As a result, the AED to USD exchange rate has not shown significant variation in recent months, remaining steady at its three-month average of 0.2723.
In terms of other key currency pairs, the AED to EUR rate has been reaching 90-day highs near 0.2559, which is approximately 2.6% higher than its three-month average of 0.2495. This pair has exhibited a relatively stable trading range of 5.7% from 0.2421 to 0.2559. Similarly, the AED to GBP rate has reached 90-day highs near 0.2220, exceeding its three-month average of 0.2143 by 3.6%. This pair has experienced a relatively stable trading range of 7.1% from 0.2073 to 0.2220.
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.
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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.
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Check out our Money Saving Guides, Provider & Bank Reviews, Forecasts, FX-News and Content-Hub for more.
Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy