To send international money transfers to UAE, you will need a foreign exchange broker for dirhams transfer. Please see following live interbank exchange rates for UAE money transfers:
|Canada to UAE||1 CAD = 2.695 AED||Money transfer to UAE from Canada|
|UK to UAE||1 GBP = 4.6 AED||Money transfer to UAE from UK|
|USA to UAE||1 USD = 3.67 AED||Money transfer to UAE from USA|
|Australia to UAE||1 AUD = 2.556 AED||Money transfer to UAE from Australia|
|France to UAE||1 EUR = 4.182 AED||Money transfer to UAE from France|
|Italy to UAE||1 EUR = 4.182 AED||Money transfer to UAE from Italy|
|New Zealand to UAE||1 NZD = 2.394 AED||Money transfer to UAE from New Zealand|
|South Africa to UAE||1 ZAR = 0.219 AED||Money transfer to UAE from South Africa|
|Spain to UAE||1 EUR = 4.182 AED||Money transfer to UAE from Spain|
|Thailand to UAE||1 THB = 0.116 AED||Money transfer to UAE from Thailand|
|Turkey to UAE||1 TRY = 0.535 AED||Money transfer to UAE from Turkey|
|Germany to UAE||1 EUR = 4.182 AED||Money transfer to UAE from Germany|
|India to UAE||1 INR = 0.049 AED||Money transfer to UAE from India|
Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into UAE's currency of AED. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the AED exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your dirhams and low margins.
Pound to Rand Trading Accelerates after More Brexit ‘Position Papers’ Come Out The Pound has risen by 0.5% against the South African Rand today, although this is primarily because of Rand weakness. The only UK news to speak of has been political, focusing on the UK government’s plans for the country after Brexit. Recent so-called ‘position papers’ have covered UK-EU trading arrangements, along with maintaining a stream of shared information between the two entities. On the...
The Canadian Dollar softened against the US Dollar in a session where trade of the ‘Greenback’ is muted due to the closure of US markets for the Thanksgiving Holidays. Despite the US markets, being closed the ‘Loonie’ still fell as investors favoured the safer ‘Greenback’ over the riskier ‘Loonie’. Oil prices have played a major part in determining the strength of the currency. Oil prices declined to a four-year low due to speculation that OPEC will choose to refrain from...