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AED to NZD - Rate Guide

United Arab Emirates Dirham to New Zealand 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/NZD update & alerts

1 AED = 0.416 NZD

Sell AED - Buy NZD  Invert

AED to NZD - Trading Range (90 Day)
ALERTS: 1-DAY ▲ 0.8% 🔔 | 30-DAY HIGHS 🔔 |
AED/NZD at 0.4159 is trading 0.6% below the 90-day average 0.4183 with a range 0.4044 to 0.4327. ALERTS: Today AED/NZD is UP 0.8% and has also risen to 30-DAY HIGHS.
27-Jan-2020 16:NY 21:LON 08:SYD+1d

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AED/NZD Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to New Zealand Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to NZD 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/NZD 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/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AED to NZD International Money Transfers

  

Foreign Transfer ProvidersReceive NZD(NZ$)Exchange RateFee AEDTotal CostDeal Links
OFX logo
NZ$4,0860.40860 for BER users (normally $15)1.21%
TorFX logo
NZ$4,0820.408201.31%
National Bnk Abu Dhabi International Money Transfers
National Bnk Abu Dhabi logo
NZ$3,9070.390705.54%
HSBC logo
NZ$3,901.140.3907د.إ155.68%
Banks - Average Rate
Citibank logo HSBC logo
NZ$3,8840.3890156.09%
Citibank International Money Transfers
Citibank logo
NZ$3,867.350.3872126.5%
 
OFX logo
OFX: Foreign Transfer AED→NZD
From Amount (AED)د.إ10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.4086 (1.21% from mid-rate)
To Amount (NZD) NZ$4,086
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→NZD
From Amount (AED)د.إ10,000
Fee:0
Exchange Rate:0.4082 (1.31% from mid-rate)
To Amount (NZD) NZ$4,082
Total Cost:1.31%
Difference:
NZ$4 NZD 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→NZD
From Amount (AED)د.إ10,000
Fee:
Exchange Rate:0.3907 (5.54% from mid-rate)
To Amount (NZD) NZ$3,907
Total Cost:5.54%
Difference:
NZ$179 NZD less than using OFX
Time:1:12 Local
Transfer Speed:
Services:
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer AED→NZD
From Amount (AED)د.إ10,000
Fee:د.إ15 AED (.15%)
Exchange Rate:0.3907 (5.54% from mid-rate)
To Amount (NZD) NZ$3,901.14
Total Cost:5.68%
Difference:
NZ$185 NZD 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→NZD
From Amount (AED)د.إ10,000
Fee:15
Exchange Rate:0.3951 (4.47% from mid-rate)
To Amount (NZD) NZ$3,884
Total Cost:6.09%
Difference:
NZ$202 NZD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Citibank logo
Citibank: Foreign Transfer AED→NZD
From Amount (AED)د.إ10,000
Fee:12
Exchange Rate:0.3872 (6.38% from mid-rate)
To Amount (NZD) NZ$3,867.35
Total Cost:6.5%
Difference:
NZ$219 NZD less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/27/2020 - See full table

AED and NZD in the Markets

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

 

New Zealand Dollar (NZD)

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

In December the New Zealand dollar has climbed back to US$0.66 it's highest value since July.

Against the Australian dollar, jumped to A$0.96 after being as low as A$0.92 in early November before starting a strong recovery upto current levels above A$0.95.

Robbing New Zealand's currency of better gains in 2019 have been reduced risk appetite spurred on by an escalation in the US-China trade standoff, and high correlations with other weak currencies, including the Australian dollar and yuan.

For more details read the full article NZ dollar news and forecasts.

Read more in the article NZD Forecasts.

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