Understanding the Table:
The comparison table above helps you see the total cost of your Western Union currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The best AED to SAR exchange rate is 1.0114 from WorldRemit. This is -1% compared to the mid-market rate 1.0216.
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 Saudi riyal (SAR) rates from different sources before making a conversion.
The above Western Union - United Arab Emirates dirham to Riyal comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Western Union and other foreign exchange providers against the latest AED-SAR mid-rate and the possible savings of using various providers.
Looking at the full AED to SAR - Send Money comparison table the provider with the best AED to SAR exchange rate is WorldRemit at 1.0114, -1% from the latest mid-market rate 1.0216.
The next best is Wise at 0.9857, -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.9542 at -6.6% the HSBC rate is 0.9654 at -5.5% and the Citibank rate is 0.9695 at -5.1% compared to the mid-rate 1.0216.
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 like Western Union or platforms that offer rates closer to the mid-market rate.
Recent forecasts regarding the AED to SAR exchange rate indicate a stable outlook for the near term, primarily due to the fixed peg of both currencies to the US dollar.
The exchange rate forecast for the AED to EUR indicates a challenging but somewhat stable landscape for currency traders and businesses involved in international transactions.
The exchange rate forecast for the AED to JPY suggests a stable but cautious outlook influenced by various global economic factors.
View a full list of exchange rates by selecting your Base (from) currency: