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Understanding the Table:
The comparison table above helps you see the total cost of your CurrencyFair 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 details and click ‘Get Rates’.
Save on your international transfers. The unique CurrencyFair peer-to-peer marketplace allows our users to get the best rates, pricing is open and transparent. Register here for your first transfer fee free.
Note only BANK to BANK Transfers only - Cash & Cheque Transactions NOT accepted.
For more details on CurrencyFair exchange rates, service and what their users think read our guide
Sending money to the UAE can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the UAE bank accounts or pay a United Arab Emirates dirham invoice.
The CurrencyFair EUR to AED exchange rate is 4.1496. This is -0.9% compared to the latest EUR-AED mid-market rate 4.1873.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above CurrencyFair - Euro to United Arab Emirates dirham comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CurrencyFair and other foreign exchange providers against the latest EUR-AED mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best EUR to AED exchange rate is 4.1664 from OFX, -0.5% from the mid-market rate 4.1873. The next best rate is 4.1622 from XE, -0.6% from the mid-rate. Then Wise with 4.158 is -0.7% from the mid-rate.
The Western Union rate is 4.1245 which is -1.5% 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 CurrencyFair or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: