The comparison table above helps you see the total cost of your OFX 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’.
OFX - AUD Rate Margin Analysis
The average AUD rate margin offered by OFX is 3.2%.
This average is based on individual AUD 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
OFX - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by OFX for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
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
OFX Send Money conversion rate for AUD to AED?
The OFX AUD to AED exchange rate is 2.5399. This is -0.5% 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
OFX - 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
OFX and other foreign exchange providers against the latest AUD-AED mid-rate and the possible savings of using various providers.
How do OFX 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 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 OFX or platforms that offer rates closer to the mid-market rate.