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’.
Compare Exchange Rates & Fees - Save Time & Money
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.
GBP to AED Market Data
British pound (GBP) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP to AED is at 14-day lows near 4.9130, just 0.5% above its 3-month average of 4.8884, having traded in a very stable 4.0% range from 4.7817 to 4.9742
Bias: The GBP/EUR pair is currently bullish-to-range-bound, as it is sitting slightly above its 90-day average and within the upper half of its 3-month range.
Bias: GBP/AED is likely to remain range-bound, slightly above the 90-day average and near the middle of the 3-month range.
Key drivers:
- Bank of England's cautious stance vs. UAE's stable interest rates is keeping Dirham strong.
- Stable oil prices bolster UAE's economy and Dirham.
- UK export pressures from US trade tensions weigh on the Pound.
Range: Expect GBP/AED to oscillate within the recent 3-month trading range, indicating market stability.
What could change it:
- Upside risk: A surprise rate hike by the Bank of England could strengthen the Pound.
- Downside risk: Rising geopolitical tensions may weaken the Pound further against the Dirham
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GBP 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 British pound 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 GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to AED?
The best GBP to AED exchange rate is 4.875 from OFX . This is -0.5% compared to the mid-market rate 4.8995.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above
Sterling 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 GBP-AED mid-rate and the possible savings of using various providers.
How do GBP-AED rates compare between providers?
Looking at the full
GBP to AED - Send Money comparison table the provider with the best GBP to AED exchange rate is OFX at 4.875, -0.5% from the latest mid-market rate 4.8995.
The next best is Wise at 4.8703, -0.6% from the mid-rate.
Then XE at 4.8701, which is -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.
View a full list of exchange rates by selecting your Base (from) currency: