1 AED = 1.1538 MYR
Sell AED / Buy MYR Switch
What's in this United Arab Emirates Dirham to Malaysian Ringgit guide?
To calculate specific AED/MYR amounts use our Convert AED to MYR quick calculator.
Comparing Foreign Exchange Providers
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.
The Exchange rate you are offered can also 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/MYR International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Providers | Receive MYR(RM) | Exchange Rate | Fee AED | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | 11,429 RM | 1.1429 | 0 | 1% | |
 | 11,405 RM | 1.1405 | 0 for BER users (normally $15) | 1.2% | |
National Bnk Abu Dhabi International Money Transfers  | 10,906 RM | 1.0906 | 0 | 5.53% | |
Banks - Average Rate   Banks Average - Click logo for rate | 10,842 RM | 1.0856 | 15 | 6.09% |
Country Guides (AED & MYR)
 Malaysia (MYR) |  UAE (AED) |
AED and MYR in the Markets
When determining the best time to make a foreign exchange transaction, in this case the AED vs MYR, 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.
Malaysian Ringgit (MYR)
Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.
Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.
Read more in the article MYR Forecasts.
How to get Best AED to MYR Exchange Rates
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).
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.
What is a good AED to MYR exchange rate?
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the AED to MYR exchange rate to the present day for periods going back upto 10 years.
When is the best time to exchange AED to MYR?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.
We help you Save Money on Exchange Rates.
View all AED Exchange Rates
