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Understanding the Table:
The comparison table above helps you see the total cost of your OFX 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’.
The average EUR rate margin offered by OFX is 3.2%.
This average is based on individual EUR 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
The tables below show the best and worst exchange rate margins offered by OFX for Euro (EUR 10K) transactions. Margins show the percentage difference from the mid-market rate.
Euro (EUR) to United Arab Emirates dirham (AED) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/AED Outlook: The outlook for EUR/AED is bullish, as the rate is above its recent average and near recent highs, supported by rising oil prices.
EUR/USD Outlook: Likely to increase, supported by the euro's position well above its recent average and near recent highs.
EUR/JPY Outlook: Slightly positive, but likely to move sideways as the rate is just above the recent average and lacks a strong driver for significant movement.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro 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 EUR amounts at today’s rate * :
| EUR | AED |
|---|---|
| € 227.20 | د.إ 1,000 |
| € 1,136 | د.إ 5,000 |
| € 4,544 | د.إ 20,000 |
| € 22,720 | د.إ 100,000 |
More amounts
*Converted at the current EUR-AED interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX EUR to AED exchange rate is 4.3884. This is -0.3% compared to the latest EUR-AED mid-market rate 4.4016.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to United Arab Emirates dirham (AED) rates from different sources before making a conversion.
The above OFX - Euro to United Arab Emirates dirham comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest EUR-AED mid-rate and the possible savings of using various providers.
Looking at the full EUR to AED - Send Money comparison table the provider with the best EUR to AED exchange rate is OFX at 4.3884, -0.3% from the latest mid-market rate 4.4016.
The next best is XE at 4.3752, -0.6% from the mid-rate.
Then Wise at 4.3688, which is -0.75% from the mid-rate.
The Western Union rate is 4.3576 which is -1% 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 like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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