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Compare USD to AED travel money rates

Find the best currency exchange rates (United States Dollar to United Arab Emirates Dirham cash)

This travel money calculator compares currency exchange rates for buying United Arab Emirates Dirham foreign cash or purchases and withdrawals made with travel cards. Alternatively, you can compare USD to AED foreign transfer exchange rates or use our quick and easy USD to AED currency converter instead. We also help you save on your hotel costs - Search United Arab Emirates hotel deals.

Currency news and forecasts for United States Dollar and United Arab Emirates Dirham

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs AED, you should pay attention to both United States Dollar and United Arab Emirates Dirham news and forecasts.

United States Dollar (USD) - Market news and forecasts

14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.

The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.

Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.

The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.

For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.

Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.

United Arab Emirates Dirham (AED) - Market news and forecasts

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.

Sorry, our travel money calculators are currently only available for comparing exchange rates rates for buying foreign cash and travel money in Australia, Canada, France, Germany, Netherlands, New Zealand, United Kingdom and the USA.