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AUD/AED - Convert Compare Save

Australian Dollar to United Arab Emirates Dirham 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.

 

This resource page for the Australian Dollar to United Arab Emirates Dirham exchange rate, has news, forecasts and AUD to AED comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/AED Exchange Rates - How to Compare & Save

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 AUD/AED International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

AUD to AED International Money Transfers

  

Foreign Transfer ProvidersReceive AED(د.إ)Exchange RateFee AUDTotal CostDeal Links
WorldFirst logo
24,691 AED
Best Overall
2.469100.5%
OFX (OzForex) logo
24,374 AED
317 AED
2.43740^1.78%
TorFX logo
24,350 AED
341 AED
2.43501.87%
Westpac logo
24,571 AED
120 AED
2.462200.98%
ANZ Bank logo
24,018 AED
673 AED
2.4061183.21%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo
23,884 AED
807 AED
2.3924153.75%
Commonwealth Bank (CBA) logo
23,508 AED
1,183 AED
2.35226 5.27%
National Australia Bank (nab) logo
23,440 AED
1,251 AED
2.3492225.54%
WorldFirst: Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:
Exchange Rate:2.4691 (0.5% from mid-rate)
AED amount:24,691 AED
Total Cost:0.5%
Time:12:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
OFX (OzForex): Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:2.4374 (1.78% from mid-rate)
AED amount:24,374 AED
Total Cost:1.78%
Difference:
317 AED less than using WorldFirst
Time:
Rate Fetched: Fri Aug 23 2019 11:00:37 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:2.4350 (1.87% from mid-rate)
AED amount:24,350 AED
Total Cost:1.87%
Difference:
341 AED less than using WorldFirst
Time:12:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
Westpac: Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:2.462 (0.79% from mid-rate)
AED amount:24,571 AED
Total Cost:0.98%
Difference:
120 AED less than using WorldFirst
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:2.4061 (3.04% from mid-rate)
AED amount:24,018 AED
Total Cost:3.21%
Difference:
673 AED less than using WorldFirst
Time:
Rate Fetched: website - Fri Aug 23 2019 11:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:2.4167 (2.61% from mid-rate)
AED amount:23,884 AED
Total Cost:3.75%
Difference:
807 AED less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:2.3522 (5.21% from mid-rate)
AED amount:23,508 AED
Total Cost:5.27%
Difference:
1,183 AED less than using WorldFirst
Time:
Rate Fetched: website - Fri Aug 23 2019 11:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→AED
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:2.3492 (5.33% from mid-rate)
AED amount:23,440 AED
Total Cost:5.54%
Difference:
1,251 AED less than using WorldFirst
Time:
Rate Fetched: website - Fri Aug 23 2019 11:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount AED(د.إ)Exchange RateFee AUDTotal CostDeal Links
Australia Post logo
2,394.6 AED
Best Overall
2.3946$0 BPay, Card 0.72%-1%3.5%
Travel Money Oz logo
2,382.7 AED
12 AED
2.3827A$03.98%
ANZ Bank logo
2,382.04 AED
13 AED
2.4061A$104.01%
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo National Australia Bank (nab) logo
2,341 AED
54 AED
2.3646105.67%
National Australia Bank (nab) logo
2,325.61 AED
69 AED
2.3491106.28%
Commonwealth Bank (CBA) logo
2,315.11 AED
79 AED
2.3385A$106.71%
Travelex Online AU logo
2,275.4 AED
119 AED
2.2754$0 BPay, Card 0.72%-1%8.31%
Australia Post: Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.3946 (3.5% from mid-rate)
AED amount:2,394.6 AED
Total Cost:3.5%
Time:12:01 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
Travel Money Oz: Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:A$0 AUD (0 BPay, Credit Card 1%)
Exchange Rate:2.3827 (3.98% from mid-rate)
AED amount:2,382.7 AED
Total Cost:3.98%
Time:
Rate Fetched: 12:01 Local
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
ANZ Bank: Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:2.4061 (3.04% from mid-rate)
AED amount:2,382.04 AED
Total Cost:4.01%
Time:
Rate Fetched: website - Fri Aug 23 2019 11:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.3587 (4.95% from mid-rate)
AED amount:2,341 AED
Total Cost:5.67%
Currency Services:Branch
Delivery/Collect:-
National Australia Bank (nab): Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.3491 (5.34% from mid-rate)
AED amount:2,325.61 AED
Total Cost:6.28%
Time:
Rate Fetched: website - 12:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:2.3385 (5.76% from mid-rate)
AED amount:2,315.11 AED
Total Cost:6.71%
Time:
Rate Fetched: website - Fri Aug 23 2019 11:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→AED
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.2754 (8.31% from mid-rate)
AED amount:2,275.4 AED
Total Cost:8.31%
Time:
Rate Fetched: Fri Aug 23 2019 12:00:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

AUD to AED interbank exchange rate = 2.4782

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/AED exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and AED in the Markets

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

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

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.

Why can't I just get the AUD/AED 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 AUD / AED 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 AUD Exchange Rates