What is the best Send Money conversion rate for AED to PHP?
The best AED to PHP exchange rate is 15.33 from XE. This is -0.65% compared to the mid-market rate 15.43.
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 Philippine peso (PHP) rates from different sources before making a conversion.
How do AED-PHP rates compare between providers?
Looking at our comparison table the best AED to PHP exchange rate is 15.33 from XE, -0.65% from the mid-market rate 15.43. The next best rate is 15.27 from WorldRemit, -1% from the mid-rate. Then Wise with 14.88 is -3.6% from the mid-rate.
Among the banks, the First Abu Dhabi Bank rate is 14.41 at -6.6%, the HSBC rate is 14.58 at -5.5%, and the Citibank rate is 14.64 at -5.1% compared to the mid-rate 15.43.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.
The United Arab Emirates dirham to Peso comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AED-PHP mid-rate (see Market Data below ) and the possible savings of using various providers.
