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AED to EGP - Rate Guide

United Arab Emirates Dirham to Egyptian Pound 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/EGP update & alerts

1 AED = 4.2992 EGP

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AED to EGP - Trading Range (90 Day)
90-DAY LOW (7d)
AED/EGP at 4.2989 is trading 1.7% below the 90-day average 4.3733 with a range 4.2936 to 4.4261. There are no current rate alerts.
27-Jan-2020 16:NY 21:LON 08:SYD+1d

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AED/EGP Exchange Rates and Providers Compared

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

AED and EGP in the Markets

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

 

Egyptian Pound (EGP)

No recent Egyptian Pound market updates.

Why can't I just get the AED/EGP 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 / EGP 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