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Understanding the Table:
The comparison table above helps you see the total cost of your Remitly 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’.
Remitly is an online money transfer platform that has helped immigrant communities around the world to send money to loved ones.
Sending money abroad has been the same for the past 100 years - tedious, expensive & complicated. But, this app can change that. By using modern technology to send & receive cash, it eliminates all of those issues and makes international transfers a more reliable & secure process.
By saving on a lot of the costs associated with brick & mortar operations, Remitly money transfers can be much cheaper for their customers. This helps them to have more funds to send in order to help their loved ones in those hard-to-reach parts of the world.
New: Remitly customers sending money to Mexico can now choose to send money to their mobile wallet MercadoPago, the largest mobile wallet in Mexico.
The Remitly AED to USD exchange rate is 0.2655. This is -2.5% compared to the latest AED-USD mid-market rate 0.2723.
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 US dollar (USD) rates from different sources before making a conversion.
The above Remitly - United Arab Emirates dirham to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Remitly and other foreign exchange providers against the latest AED-USD mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best AED to USD exchange rate is 0.2707 from XE, -0.59% from the mid-market rate 0.2723. The next best rate is 0.2696 from WorldRemit, -0.99% from the mid-rate. Then Wise with 0.2627 is -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.2543 at -6.6% the HSBC rate is 0.2573 at -5.5% and the Citibank rate is 0.2584 at -5.1% compared to the mid-rate 0.2723.
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 Remitly or platforms that offer rates closer to the mid-market rate.
Recent forecasts and market updates indicate a mixed outlook for the AED to EUR exchange rate.
The exchange rate forecast for the AED to JPY suggests a period of uncertainty influenced by multiple factors, including trade tensions and global economic conditions.
The recent forecasts for the EUR/USD exchange rate indicate a positive outlook for the euro amid a backdrop of USD weakness.
View a full list of exchange rates by selecting your Base (from) currency: