The live mid-rate GBP to AED exchange rate is 4.5185. Compare currency conversion rates - Reduce FX costs.
The best GBP to AED exchange rate is our partner deal rate of 4.4959 from OFX . This is -0.5% compared to the mid-market rate 4.5185.
The standard OFX GBP-AED rate is 4.4387, -1.8% from the mid-rate. Visit OFX here to secure the better rate.
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.
Looking at our comparison table the best GBP to AED exchange rate is 4.4959 from OFX, -0.5% from the mid-market rate 4.5185. The next best rate is 4.4914 from XE, -0.6% from the mid-rate. Wise with 4.4869 is -0.7% from the mid-rate.
The Western Union rate is 4.4733 which is -1% from the mid-rate.
Among the banks, the Lloyds Bank rate is 4.267 at -5.6%, the Royal Bank of Scotland rate is 4.2941 at -5%, and the Barclays Bank rate is 4.3604 at -3.5% 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 or platforms that offer rates closer to the mid-market rate.
The Sterling to United Arab Emirates dirham comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
British pound (GBP) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/AED | Change | Period |
|---|---|---|---|
07 Jan 2025 | 4.5824 | 1.4% ▼ | 2 Week |
23 Oct 2024 | 4.7442 | 4.7% ▼ | 3 Month |
22 Jan 2024 | 4.6669 | 3.2% ▼ | 1 Year |
23 Jan 2020 | 4.8185 | 6.2% ▼ | 5 Year |
24 Jan 2015 | 5.5082 | 18% ▼ | 10 Year |
26 Jan 2005 | 6.9058 | 34.6% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to AED (British pound to United Arab Emirates dirham)*.
| GBP | AED |
|---|---|
| £ 221.30 | د.إ 1,000 |
| £ 1,107 | د.إ 5,000 |
| £ 4,426 | د.إ 20,000 |
| £ 22,130 | 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.
The GBP to AED exchange rate has faced downward pressure recently, particularly following disappointing GDP data from the UK that came in at just 0.1%, below the anticipated 0.2% growth. Analysts note that the pound's immediate reaction to such economic indicators is often significant, leading to increased volatility in its valuation against not only the US dollar but also the AED. As global markets keep a close eye on UK economic performance and shifts in monetary policy, fluctuations in the GBP/USD have direct implications for the GBP/AED rate, given the latter's ties through the US dollar, which the UAE dirham is pegged to at approximately 3.6725 to $1.
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.
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.
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.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| 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.
The Emirati dirham is widely accepted in the United Arab Emirates (UAE) and can be used to make purchases at most stores and restaurants. It is also accepted in a number of other countries in the Middle East and North Africa. However, it may be difficult to use AED in other parts of the world, and it is best to check with your bank or a currency exchange office before traveling.
Yes, foreigners are allowed to buy property in the United Arab Emirates (UAE). However, there are some restrictions and regulations that apply to property ownership by foreigners.
In general, foreigners are allowed to buy property in the UAE, but they are not allowed to own land. Instead, they can only own the buildings and structures that are built on the land. This means that foreigners cannot own land outright, but they can lease land from the government for a period of up to 99 years.
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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