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Best Send Money to UAE EUR/AED Rates Compared Live

The best EUR to AED exchange rate is 3.9569. Compare foreign transfer and currency exchange rates, find better rates & deals.

EUR-AED Best Exchange Rate Calculator
 

Comparing EUR-AED send money exchange rates

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

The above Euro 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 EUR-AED mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : EUR sees resilience despite ECB rate cut bets. FX analysts project EUR/USD climb from 1.07 to 1.15 by end-2024 on US slowdown. Yet, EUR's path is cautious: ECB policy shifts & Eurozone health key. EURAED holds steady, mirroring EUR's fight amid challenges. #CurrencyUpdate #EURtoAED #Forex Outlook

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EUR to AED Market Data

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

 
1 EUR =
3.9569We compare provider deals to this wholesale mid-market rate. Read more
AED
-0.4%
📉1M
EUR to AED is at 30-day lows near 3.9620, just 0.7% below its 3-month average of 3.9915, having traded in a very stable 3.3% range from 3.9326 to 4.0640
|
Sell EUR   â†’   Buy AED
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DateEUR/AEDChangePeriod
14 Mar 2024
3.9969
0.9% â–¼2 Week
29 Dec 2023
4.0604
2.4% â–¼3 Month
29 Mar 2023
3.9821
0.5% â–¼1 Year
30 Mar 2019
4.1221
3.9% â–¼5 Year
31 Mar 2014
5.0591
21.7% â–¼10 Year
02 Apr 2004
4.4754
11.5% â–¼20 Year
EUR/AED historic rates & change to 28-Mar-2024
 

What are equivalent amounts of EUR and AED?

Here are some popular conversion amounts for EUR to AED (Euro to United Arab Emirates dirham)*.

EUR AED
€ 1 د.إ 3.9569
€ 5 د.إ 19.78
€ 10 د.إ 39.57
€ 20 د.إ 79.14
€ 50 د.إ 197.85
€ 100 د.إ 395.69
€ 250 د.إ 989.23
€ 500 د.إ 1,978
€ 1,000 د.إ 3,957
€ 2,000 د.إ 7,914
€ 5,000 د.إ 19,785
€ 10,000 د.إ 39,569
€ 20,000 د.إ 79,138
€ 50,000 د.إ 197,845
€ 100,000 د.إ 395,690
EUR AED
0.2527 د.إ 1
1.2635 د.إ 5
2.5270 د.إ 10
5.0540 د.إ 20
12.64 د.إ 50
25.27 د.إ 100
63.18 د.إ 250
126.35 د.إ 500
252.70 د.إ 1,000
505.40 د.إ 2,000
1,264 د.إ 5,000
2,527 د.إ 10,000
5,054 د.إ 20,000
12,635 د.إ 50,000
25,270 د.إ 100,000

More amounts

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

 
 

Forecasts for EUR to AED

 

Despite recent pressure on the Euro (EUR) due to bets on a European Central Bank (ECB) interest rate cut and concerns about the euro's negative correlation with the US dollar, forecasts suggest a cautiously optimistic outlook. FX analysts anticipate a potential strengthening trend for the EUR/USD pair, with projections pointing towards a rise from 1.07 at the end of 2023 to 1.15 by the end of 2024. This optimistic forecast is underpinned by expectations of a possible US economic slowdown, paving the way for the Federal Reserve to adopt looser monetary policies, and aligns with the Euro's valuation against the dollar.

Read our full review of recent EUR to AED forecasts.

 

How to get a good EUR to AED exchange rate

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

  1. Shop around for the best EUR/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 EUR/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 EUR 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 Euro, then it's better for the EUR/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 Euro 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 EUR/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.

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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

EurozoneEurozone (EUR)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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