What is the
best Send Money conversion rate for GBP to AED?
The best GBP to AED exchange rate is 4.9377 from Wise. This is -0.45% compared to the mid-market rate 4.9600.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above
Ramsdens - Sterling to United Arab Emirates dirham comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Ramsdens and other foreign exchange providers against the latest GBP-AED mid-rate and the possible savings of using various providers.
How do Ramsdens GBP-AED rates compare between providers?
Looking at the full
GBP to AED - Send Money comparison table the provider with the best GBP to AED exchange rate is Wise at 4.9377, -0.45% from the latest mid-market rate 4.9600.
The next best is OFX at 4.9352, -0.5% from the mid-rate.
Then XE at 4.9302, which is -0.6% from the mid-rate.
The Western Union rate is 4.9104 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 4.686 at -5.5% the Royal Bank of Scotland rate is 4.7158 at -4.9% and the Barclays Bank rate is 4.7864 at -3.5% compared to the mid-rate 4.9600.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Ramsdens often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Compare GBP to AED Transfer Rates