The live mid-rate AED to SGD exchange rate is 0.3657. Compare currency conversion rates - Reduce FX costs.
The best AED to SGD exchange rate is 0.3635 from XE. This is -0.6% compared to the mid-market rate 0.3657.
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 Singapore dollar (SGD) rates from different sources before making a conversion.
Looking at our comparison table the best AED to SGD exchange rate is 0.3635 from XE, -0.6% from the mid-market rate 0.3657. The next best rate is 0.362 from WorldRemit, -1% from the mid-rate. WorldRemit with 0.362 is -1% from the mid-rate.
The Western Union rate is which is - from the mid-rate.
Among the banks, the First Abu Dhabi Bank rate is 0.3416 at -6.6%, the HSBC rate is 0.3456 at -5.5%, and the Citibank rate is 0.347 at -5.1% from the mid-rate.
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 Singapore dollar 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-SGD mid-rate (see Market Data below ) and the possible savings of using various providers.
United Arab Emirates dirham (AED) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | AED/SGD | Period |
---|---|---|
16 Nov 2024 | 0.3658 | 2 Week |
01 Sep 2024 | 0.3556 | 3 Month |
01 Dec 2023 | 0.3632 | 1 Year |
02 Dec 2019 | 0.3721 | 5 Year |
03 Dec 2014 | 0.3568 | 10 Year |
05 Dec 2004 | 0.4463 | 20 Year |
Here are some popular conversion amounts for AED to SGD (United Arab Emirates dirham to Singapore dollar)*.
AED | SGD |
---|---|
د.إ 1,000 | S$ 365.70 |
د.إ 5,000 | S$ 1,829 |
د.إ 20,000 | S$ 7,314 |
د.إ 100,000 | S$ 36,570 |
AED | SGD |
---|---|
د.إ 2,734 | S$ 1,000 |
د.إ 13,672 | S$ 5,000 |
د.إ 54,688 | S$ 20,000 |
د.إ 273,440 | S$ 100,000 |
More amounts
*Converted at the current AEDSGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the AED to SGD exchange rate indicate a period of relative stability influenced by broader economic dynamics in both Singapore and the UAE. As of current trading, the AED to SGD rate stands at 0.3647, reflecting a 1.9% increase over its three-month average of 0.3578, suggesting that the dirham is exhibiting some resilience against a backdrop of fluctuating market confidence in the region. Analysts noted that the exchange rate has maintained a stable range, oscillating between 0.3483 and 0.3671 over the past three months, which points to a consistent performance of the AED as it remains pegged to the US dollar since 1997.
Read our full review of recent AED to SGD forecasts.
There are several ways to save on exchange rates when converting United Arab Emirates dirham to Singapore dollar:
Generally speaking, if you are buying Singapore dollar with United Arab Emirates dirham, then it's better for the AED/SGD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Singapore - a practical currency and money guide to travel, living and doing business in Singapore with the Singapore dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add AED/SGD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Singapore (SGD) | UAE (AED) |
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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