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AED to BRL - Rate Guide

United Arab Emirates Dirham to Brazilian Real 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/BRL update & alerts

1 AED = 1.1427 BRL

AED to BRL - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
At 1.1426 AED/BRL is trading 2.3% above the average for 90 days, with range 1.0862 to 1.1426. ALERT: AED/BRL has risen to 90-DAY HIGHS. Updated: 08:01-AEDT 21:01-GMT 16:01-EST

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AED/BRL Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to Brazilian Real exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to BRL 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/BRL Quick Calculator.

AED and BRL in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs BRL, 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.

 

Brazilian Real (BRL)

In late May, the real rallied away from 7-month lows against the dollar and euro. It remains, however, 21 percent and 13 percent lower than early 2018 levels against those currencies.

One of the most accurate currency forecasters of the past year (per Bloomberg rankings), Commerzbank’s You-Na Park, is optimistic about the real. He sees the currency's value rising 10 percent before year-end, from 3.98 per USD at the time of writing to 3.6, although he says that strength is dependent upon government pension reforms being passed (likely in the second half of this year).

Why can't I just get the AED/BRL 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 / BRL 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.

 

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