Caution prevails for AUD/AED as recent market updates reveal the AUD struggling near 7-day lows at 2.4031. Analysts point to RBA's rate cut and lingering global trade tensions affecting demand from China, while the AED benefits from strong UAE economic forecasts. Monitoring commodity prices and RBA moves will be key for future shifts

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What is the best Send Money conversion rate for AED to AUD?

The best AED to AUD exchange rate is 0.4133 from XE. This is -0.6% compared to the mid-market rate 0.4158.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to Australian dollar (AUD) rates from different sources before making a conversion.

The above TSB Bank - United Arab Emirates dirham to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by TSB Bank and other foreign exchange providers against the latest AED-AUD mid-rate and the possible savings of using various providers. 

How do TSB Bank AED-AUD rates compare between providers?

Looking at the full AED to AUD - Send Money comparison table the provider with the best AED to AUD exchange rate is XE at 0.4133, -0.6% from the latest mid-market rate 0.4158.

The next best is Wise at 0.4012, -3.5% from the mid-rate.

Among the banks the First Abu Dhabi Bank rate is 0.3884 at -6.6% the HSBC rate is 0.3929 at -5.5% and the Citibank rate is 0.3946 at -5.1% compared to the mid-rate 0.4158.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like TSB Bank 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 AED to AUD Transfer Rates