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Best CAD to AED Exchange Rates Compared Live

The best CAD to AED exchange rate is 2.7129. Compare foreign transfer and currency exchange rates, find better rates & deals.

CAD-AED Best Exchange Rate Calculator
 

Comparing CAD-AED exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.

The above Loonie to United Arab Emirates dirham comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CAD-AED mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : Despite weaker oil prices & looming BoC rate cuts, CAD shows grit. CIBC sees USD/CAD at 1.31 by year-end, with eyes on a stronger '25 CAD. CAD/AED modest at 2.7031, reflecting US dollar peg stability. Watch US data & oil trends for future CAD/AED shifts. #Forex #CAD #AED #CurrencyUpdate

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CAD to AED Market Data

Canadian dollar (CAD) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 CAD =
2.7129We compare provider deals to this wholesale mid-market rate. Read more
AED
+0.0%
📉3M
CAD to AED at 2.7045 is just 0.8% below its 3-month average of 2.7268, having traded in a very stable 3.2% range from 2.6952 to 2.7808
|
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DateCAD/AEDChangePeriod
13 Mar 2024
2.7276
0.8% â–¼2 Week
28 Dec 2023
2.7760
2.5% â–¼3 Month
28 Mar 2023
2.7020
0.2% â–²1 Year
29 Mar 2019
2.7516
1.6% â–¼5 Year
30 Mar 2014
3.3222
18.5% â–¼10 Year
01 Apr 2004
2.8051
3.5% â–¼20 Year
CAD/AED historic rates & change to 27-Mar-2024
 

What are equivalent amounts of CAD and AED?

Here are some popular conversion amounts for CAD to AED (Canadian dollar to United Arab Emirates dirham)*.

CAD AED
C$ 1 د.إ 2.7129
C$ 5 د.إ 13.56
C$ 10 د.إ 27.13
C$ 20 د.إ 54.26
C$ 50 د.إ 135.65
C$ 100 د.إ 271.29
C$ 250 د.إ 678.23
C$ 500 د.إ 1,356
C$ 1,000 د.إ 2,713
C$ 2,000 د.إ 5,426
C$ 5,000 د.إ 13,565
C$ 10,000 د.إ 27,129
C$ 20,000 د.إ 54,258
C$ 50,000 د.إ 135,645
C$ 100,000 د.إ 271,290
CAD AED
C$ 0.3686 د.إ 1
C$ 1.8430 د.إ 5
C$ 3.6860 د.إ 10
C$ 7.3720 د.إ 20
C$ 18.43 د.إ 50
C$ 36.86 د.إ 100
C$ 92.15 د.إ 250
C$ 184.30 د.إ 500
C$ 368.60 د.إ 1,000
C$ 737.20 د.إ 2,000
C$ 1,843 د.إ 5,000
C$ 3,686 د.إ 10,000
C$ 7,372 د.إ 20,000
C$ 18,430 د.إ 50,000
C$ 36,860 د.إ 100,000

More amounts

*Converted at the current CADAED interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CAD to AED

 

The Canadian dollar (CAD) has shown resilience despite weakening oil prices, as it maintained a positive correlation with the US dollar, resulting in a modest uptick. FX analysts suggest that oil price dynamics will likely continue to influence the CAD, albeit with a weakening correlation. While looser global monetary policies could boost oil demand and support the CAD, potential interest rate cuts by the Bank of Canada might undermine the currency's strength. CIBC Capital Markets forecasts a stronger US Dollar against the Canadian Dollar in 2024, with a year-end exchange rate expectation of 1.31 USD/CAD, but they anticipate a potential CAD appreciation in 2025. This year, the CAD could face pressure from a potentially weaker labor market, prompting market participants to price in more BoC rate cuts, potentially pushing the USD/CAD pair to 1.39.

Read our full review of recent CAD to AED forecasts.

 

How to get a good CAD to AED exchange rate

There are several ways to save on exchange rates when converting Canadian dollar to United Arab Emirates dirham:

  1. Shop around for the best CAD/AED exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CAD/AED rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and AED at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying United Arab Emirates dirham with Canadian dollar, then it's better for the CAD/AED exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Canadian dollar rise against the United Arab Emirates dirham?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/AED to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to UAE - a practical currency and money guide to travel, living and doing business in UAE with the United Arab Emirates dirham.

 
 
 

Currency Country Guides

CanadaCanada (CAD)UAEUAE (AED)
 

Is the Emirati dirham freely exchangeable?

Yes, the Emirati dirham (AED) is a freely exchangeable currency. It is pegged to the United States dollar (USD) at a fixed exchange rate of 1 AED to 0.272294 USD. This means that the value of the AED is fixed relative to the USD, and the exchange rate does not fluctuate.

The Emirati dirham can be exchanged for other currencies at banks, currency exchange offices, and bureaux de change. It is also possible to exchange AED for other currencies online or through international money transfer services.

Read more at our UAE (AED) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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