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AED to AUD - Rate Guide

United Arab Emirates Dirham to Australian Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AED/AUD update & alerts

1 AED = 0.3961 AUD

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AED to AUD - Trading Range (90 Day)
no alerts
AED/AUD at 0.396 is trading near the 90-day average 0.397 with a range 0.388 to 0.4049. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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AED/AUD Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to Australian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to AUD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AED/AUD Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AED/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AED to AUD International Money Transfers

  

Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee AEDTotal CostDeal Links
OFX logo
A$3,9130.39130 for BER users (normally $15)1.21%
TorFX logo
A$3,9100.39101.29%
National Bnk Abu Dhabi International Money Transfers
National Bnk Abu Dhabi logo
A$3,7420.374205.53%
HSBC logo
A$3,736.390.3742د.إ155.67%
Banks - Average Rate
Citibank logo HSBC logo
A$3,7200.3725156.09%
Citibank International Money Transfers
Citibank logo
A$3,703.550.3708126.5%
WorldRemit logo
Your amount above the WorldRemit AED2000 maximum
 
OFX logo
OFX: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3913 (1.21% from mid-rate)
To Amount (AUD) A$3,913
Total Cost:1.21%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:0
Exchange Rate:0.3910 (1.29% from mid-rate)
To Amount (AUD) A$3,910
Total Cost:1.29%
Difference:
A$3 AUD less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
National Bnk Abu Dhabi logo
National Bnk Abu Dhabi: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:
Exchange Rate:0.3742 (5.53% from mid-rate)
To Amount (AUD) A$3,742
Total Cost:5.53%
Difference:
A$171 AUD less than using OFX
Time:1:12 Local
Transfer Speed:
Services:
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:د.إ15 AED (.15%)
Exchange Rate:0.3742 (5.53% from mid-rate)
To Amount (AUD) A$3,736.39
Total Cost:5.67%
Difference:
A$177 AUD less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:15
Exchange Rate:0.3784 (4.47% from mid-rate)
To Amount (AUD) A$3,720
Total Cost:6.09%
Difference:
A$193 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Citibank logo
Citibank: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:12
Exchange Rate:0.3708 (6.39% from mid-rate)
To Amount (AUD) A$3,703.55
Total Cost:6.5%
Difference:
A$209 AUD less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer AED→AUD
From Amount (AED)د.إ10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 01/19/2020 - See full table

AED and AUD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs AUD, you should pay attention to the recent market trends for both currencies.

United Arab Emirates Dirham (AED)

All the Gulf Cooperation Council (GCC) countries, excluding Kuwait, have their currencies pegged to the US dollar. The UAE dirham has been fixed at a rate of around 3.6725 to $1 since 1997.

 

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

Why can't I just get the AED/AUD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AED / AUD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all AED Exchange Rates