What is the
best Send Money conversion rate for EUR to AED?
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
U.S. Bank - 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
U.S. Bank and other foreign exchange providers against the latest EUR-AED mid-rate and the possible savings of using various providers.
How do U.S. Bank EUR-AED rates compare between providers?
The next best is XE at 4.2622, -0.6% from the mid-rate.
Then Wise at 4.2579, which is -0.7% from the mid-rate.
The Western Union rate is 4.2236 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like U.S. 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.
Compare EUR to AED Transfer Rates