The comparison table above helps you see the total cost of your 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’.
EUR to AED Market Data
Euro (EUR) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bearish-to-range-bound.
Key drivers:
• EUR is below the 90-day average.
• ECB's neutral policy vs. UAE's alignment with US rates stabilizing AED.
• Oil prices above average supporting AED; geopolitical tensions affecting EUR.
• Germany's exports contraction pressuring euro.
Range: EUR/AED expected to drift within recent range as euro faces downward pressure.
What could change it:
• Upside risk: Stronger eurozone economic data.
• Downside risk: Continued weak German indicators or EU instability.
The EUR remains weak against AED as it's below the 90-day avg. EUR/AED likely to drift as ECB stays neutral while the UAE benefits from stable oil prices. Watch for eurozone data—it's critical for any potential upside
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EUR 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 Euro 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 EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to AED?
The best EUR to AED exchange rate is 4.2487 from OFX . This is -0.3% compared to the mid-market rate 4.2615.
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
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
banks and other foreign exchange providers against the latest EUR-AED mid-rate and the possible savings of using various providers.
How do EUR-AED rates compare between providers?
Looking at the full
EUR to AED - Send Money comparison table the provider with the best EUR to AED exchange rate is OFX at 4.2487, -0.3% from the latest mid-market rate 4.2615.
The next best is XE at 4.2359, -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
or platforms that offer rates closer to the mid-market rate.