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    Best GBP to AED Exchange Rates Compared Live

    The best GBP to AED exchange rate is 4.6705. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing GBP-AED exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (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 vs the latest GBP-AED mid-rate (see below) and the possible savings of using another provider.

     
    @bestfxrates : 📈 Market Update: GBP to AED expected to hold steady amid stable dirham & recent positive trade sentiment for £. BoE may cut rates, weighing on GBP. Brexit & UK political scene add uncertainty. Yet, FX analysts see the peg to $USD as AED's anchor. Monitor policy shifts for changes. #CurrencyTrading #FXMarket

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    GBP to AED Market Data

    Pound Sterling (GBP) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 GBP =
    4.6705We compare provider deals to this wholesale mid-market rate. Read more
    AED
    +0.1%
    2M
    GBP to AED is at 60-day highs near 4.6676, just 0.8% above its 3-month average of 4.632, having traded in a quite stable 4.1% range from 4.5357 to 4.7235
    |
    Sell GBP   →   Buy AED
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    DateGBP/AEDChangePeriod
    06 May 2024
    4.6140
    1.1% 2 Week
    20 Feb 2024
    4.6371
    0.6% 3 Month
    21 May 2023
    4.5763
    2% 1 Year
    22 May 2019
    4.6510
    0.3% 5 Year
    23 May 2014
    6.1819
    24.5% 10 Year
    25 May 2004
    6.6472
    29.8% 20 Year
    GBP/AED historic rates & change to 20-May-2024
     

    What are equivalent amounts of GBP and AED?

    Here are some popular conversion amounts for GBP to AED (Pound Sterling to United Arab Emirates dirham)*.

    GBP AED
    £ 1 د.إ 4.6705
    £ 5 د.إ 23.35
    £ 10 د.إ 46.71
    £ 20 د.إ 93.41
    £ 50 د.إ 233.53
    £ 100 د.إ 467.05
    £ 250 د.إ 1,168
    £ 500 د.إ 2,335
    £ 1,000 د.إ 4,671
    £ 2,000 د.إ 9,341
    £ 5,000 د.إ 23,353
    £ 10,000 د.إ 46,705
    £ 20,000 د.إ 93,410
    £ 50,000 د.إ 233,525
    £ 100,000 د.إ 467,050
    GBP AED
    £ 0.2141 د.إ 1
    £ 1.0705 د.إ 5
    £ 2.1410 د.إ 10
    £ 4.2820 د.إ 20
    £ 10.71 د.إ 50
    £ 21.41 د.إ 100
    £ 53.53 د.إ 250
    £ 107.05 د.إ 500
    £ 214.10 د.إ 1,000
    £ 428.20 د.إ 2,000
    £ 1,071 د.إ 5,000
    £ 2,141 د.إ 10,000
    £ 4,282 د.إ 20,000
    £ 10,705 د.إ 50,000
    £ 21,410 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.

     
     

    Forecasts for GBP to AED

     

    Based on recent forecasts and market updates, the GBP to AED exchange rate is expected to remain relatively stable in the near term. The pound (GBP) has been buoyed by risk-positive trade sentiments and encouraging economic data, especially as the Bank of England signals a potential shift towards interest rate cuts. However, the outlook for the pound has been tempered by uncertainties surrounding Brexit and the possibility of a UK government change later in the year. Analysts predict that the pound could face further weakness, with HSBC forecasting a decline to $US1.20 and RBC seeing sterling falling towards $US1.15 in the second half of the year.

    Read our full review of recent GBP to AED forecasts.

     

    How to get a good GBP to AED exchange rate

    There are several ways to save on exchange rates when converting Pound Sterling to United Arab Emirates dirham:

    1. Shop around for the best GBP/AED exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the GBP/AED rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and AED at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying United Arab Emirates dirham with Pound Sterling, 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.

    Will the Pound Sterling rise against the United Arab Emirates dirham?

    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.

     
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    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.

     
     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)UAEUAE (AED)
     

    Is the Emirati dirham freely exchangeable?

    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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