Commonwealth Bank AUD to AED Exchange Rates & Currency Deals
AUD-AED Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Commonwealth Bank 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’.
Commonwealth Bank - AUD Rate Margin Analysis
The average AUD rate margin offered by Commonwealth Bank is 4.9%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Commonwealth Bank that we monitor.
Commonwealth Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Commonwealth Bank for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Commonwealth Bank Best Value Rates (Lowest Margins)
AUD/USD Outlook: Slightly positive, but likely to move sideways as the exchange rate is above its recent average and is nearing recent highs with mixed drivers.
AUD/AED outlook: Slightly positive but likely to move sideways as it stays above recent averages. Key drivers: RBA hints at rate hikes while UAE rates remain steady; strong Aussie exports and high metal prices support AUD. Range: Staying within recent trading bounds. Risks: Strong AU data could lift AUD; China's slowdown might weaken demand for Aussie goods
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AUD to AED Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in United Arab Emirates dirham across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
Commonwealth Bank Send Money conversion rate for AUD to AED?
The Commonwealth Bank AUD to AED exchange rate is 2.434. This is -4.6% compared to the latest AUD-AED mid-market rate 2.5526.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above
Commonwealth Bank - Aussie to United Arab Emirates dirham comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Commonwealth Bank and other foreign exchange providers against the latest AUD-AED mid-rate and the possible savings of using various providers.
How do Commonwealth Bank AUD-AED rates compare between providers?
Looking at the full
AUD to AED - Send Money comparison table the provider with the best AUD to AED exchange rate is OFX at 2.5399, -0.5% from the latest mid-market rate 2.5526.
The next best is XE at 2.5373, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Commonwealth 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.