Lloyds Bank GBP to AED Exchange Rates & Currency Deals
GBP-AED Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Lloyds Bank 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’.
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/AED sits above the 90-day avg and in the upper half of the 3m range. BoE tighter than UAE policy as UK inflation eases; gains capped by policy uncertainty and a firmer USD on US data.
Bias
Bullish-to-range-bound: GBP/AED is above the 90-day average and sits in the upper half of the last three months’ range.
Key drivers
- Rate gap: The BoE remains relatively tighter than the UAE policy approach, which tracks the Fed.
- Macro factor: UK inflation is easing toward the BoE target, reducing upside pressure on policy and helping the pair hold a steady course against AED.
- Global risk: Geopolitical tensions and safe-haven moves have kept markets choppy, so GBP moves hinge on UK data relative to the mood in global markets.
Range
Expect a drift toward the upper end of the 3-month range, with occasional tests of the high before settling back.
What could change it
- Upside risk: A stickier UK inflation reading or BoE commentary delaying cuts could lift GBP versus AED.
- Downside risk: A stronger US dollar from solid US data or firmer Fed guidance would push GBP/AED lower
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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
Lloyds Bank Send Money conversion rate for GBP to AED?
The Lloyds Bank GBP to AED exchange rate is 4.6265. This is -6.3% compared to the latest GBP-AED mid-market rate 4.9368.
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
Lloyds Bank - 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
Lloyds Bank and other foreign exchange providers against the latest GBP-AED mid-rate and the possible savings of using various providers.
How do Lloyds Bank 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 4.9122, -0.5% from the latest mid-market rate 4.9368.
The next best is Wise at 4.9086, -0.57% from the mid-rate.
Then XE at 4.9072, 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 like Lloyds Bank 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.