Understanding the Table:
The comparison table above helps you see the total cost of your State Bank of India 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 State Bank of India AED to INR exchange rate is 22.41. This is -4.5% compared to the latest AED-INR mid-market rate 23.46.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to Indian rupee (INR) rates from different sources before making a conversion.
The above State Bank of India - United Arab Emirates dirham to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by State Bank of India and other foreign exchange providers against the latest AED-INR mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best AED to INR exchange rate is 23.32 from XE, -0.6% from the mid-market rate 23.46. The next best rate is 23.02 from WorldRemit, -1.9% from the mid-rate. Then Wise with 22.64 is -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 21.91 at -6.6% the HSBC rate is 22.17 at -5.5% and the Citibank rate is 22.26 at -5.1% compared to the mid-rate 23.46.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like State Bank of India 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 exchange rate forecast for the AED to INR is shaped by a combination of geopolitical tensions and broader market dynamics.
The USD to INR exchange rate is currently exhibiting signs of volatility following mixed economic signals from the U.S.
Recent forecasts and market updates indicate a mixed outlook for the AED to EUR exchange rate.
View a full list of exchange rates by selecting your Base (from) currency: