The best GBP to AED exchange rate is 4.8013. Compare foreign transfer and currency exchange rates, find better rates & deals.
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GBP-AED 
exchange ratesExchange rates can vary significantly between different currency exchange providers, so it's important to 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 foreign exchange providers against the latest GBP-AED mid-rate (see Market Data below ) and the possible savings of using a different provider.
British pound (GBP) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/AED | Change | Period |
|---|---|---|---|
24 Sep 2024 | 4.9317 | 2.4% ▼ | 2 Week |
10 Jul 2024 | 4.7213 | 1.9% ▲ | 3 Month |
09 Oct 2023 | 4.4994 | 7% ▲ | 1 Year |
10 Oct 2019 | 4.5661 | 5.4% ▲ | 5 Year |
11 Oct 2014 | 5.9046 | 18.5% ▼ | 10 Year |
13 Oct 2004 | 6.5745 | 26.8% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to AED (British pound to United Arab Emirates dirham)*.
| GBP | AED |
|---|---|
| £ 208.30 | د.إ 1,000 |
| £ 1,042 | د.إ 5,000 |
| £ 4,166 | د.إ 20,000 |
| £ 20,830 | د.إ 100,000 |
More amounts
*Converted at the current GBPAED interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts indicate a cautious optimism for the GBP to AED exchange rate, particularly as the pound (GBP) has started to recover from a recent selloff. The GBP’s rise against its weaker rivals suggests that the currency may have entered oversold conditions, allowing for a rebound. Speculation surrounding potential changes to the UK government’s fiscal policies, specifically those hinted at by Chancellor Rachel Reeves, may bolster the pound further. Economists note that adjusting these fiscal rules could provide greater flexibility for funding investments, potentially enhancing confidence in the UK economy.
Read our full review of recent GBP to AED forecasts.
There are several ways to save on exchange rates when converting British pound to United Arab Emirates dirham:
Generally speaking, if you are buying United Arab Emirates dirham with British pound, then it's better for the GBP/AED exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add GBP/AED to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to UAE - a practical currency and money guide to travel, living and doing business in UAE with the United Arab Emirates dirham.
| United Kingdom (GBP) | UAE (AED) |
Yes, the Emirati dirham (AED) is a freely exchangeable currency. It is pegged to the United States dollar (USD) at a fixed exchange rate of 1 AED to 0.272294 USD. This means that the value of the AED is fixed relative to the USD, and the exchange rate does not fluctuate.
The Emirati dirham can be exchanged for other currencies at banks, currency exchange offices, and bureaux de change. It is also possible to exchange AED for other currencies online or through international money transfer services.
Read more at our UAE (AED) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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