Why is the rate my bank or exchange house gives me different from the rate shown here?

This converter shows the mid-market rate — the actual midpoint rate banks trade at with each other, with no markup. Banks, exchange houses, and money transfer apps add their own margin on top of that (commonly somewhere between 0.5% and 4%, sometimes more for cash counters), which is how they earn money on the conversion. Always compare the final rate you're quoted against the mid-market rate here before transferring a large sum.

Is there a limit on how much AED I can convert or transfer out of the UAE?

The UAE itself imposes no capital controls or caps on individuals converting or transferring money abroad. Banks and exchange houses will, however, ask for source-of-funds documentation on larger transfers as part of standard anti-money-laundering compliance — this is routine, not a sign of a problem. Your receiving country may separately have its own reporting thresholds or, in some cases, remittance limits on the inbound side (India's LRS rules, for example, govern how much residents can remit outward, not how much NRIs can send in).

Can I use these rates for tax filing or accounting purposes?

No. This converter is for quick, informal reference only. For tax filings, customs declarations, or accounting entries, use the official rate specified by the relevant authority for that purpose — for example, India's tax filings typically require the State Bank of India (SBI) TT buying rate on the specified date, not a generic market rate.

AED Currency Converter - Live UAE Dirham Exchange Rates

Q: What's the best way to send a large AED amount to India or another country?

For larger, one-off transfers — like property sale proceeds — it's worth comparing your bank's telegraphic transfer rate against at least one specialist FX or remittance provider, since the spread difference matters far more in absolute terms on a large sum than on routine monthly transfers. Have your documentation (source of funds, sale agreement, salary certificate, etc.) ready in advance, since banks commonly request it for large transfers.

AED Currency Converter

Live rates (cached) · Updated every 6 hours · Mid-market rates

Amount

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Popular AED conversions

Currency	1,000 AED =
🇺🇸 USD US Dollar	272.29 USD
🇮🇳 INR Indian Rupee	26,012.4 INR
🇪🇺 EUR Euro	234.39 EUR
🇬🇧 GBP British Pound	201.44 GBP
🇸🇦 SAR Saudi Riyal	1,021.1 SAR
🇶🇦 QAR Qatari Riyal	991.2 QAR
🇰🇼 KWD Kuwaiti Dinar	83.904 KWD
🇧🇭 BHD Bahraini Dinar	102.383 BHD
🇴🇲 OMR Omani Rial	104.696 OMR
🇵🇰 PKR Pakistani Rupee	75,586.1 PKR
🇵🇭 PHP Philippine Peso	17,064.0 PHP
🇪🇬 EGP Egyptian Pound	13,978.7 EGP
🇧🇩 BDT Bangladeshi Taka	33,590.5 BDT
🇱🇰 LKR Sri Lankan Rupee	89,428.6 LKR
🇳🇵 NPR Nepalese Rupee	41,619.7 NPR
🇯🇵 JPY Japanese Yen	41,997 JPY
🇨🇳 CNY Chinese Yuan	1,832.0 CNY
🇦🇺 AUD Australian Dollar	379.93 AUD
🇨🇦 CAD Canadian Dollar	376.42 CAD
🇸🇬 SGD Singapore Dollar	345.04 SGD
🇨🇭 CHF Swiss Franc	221.27 CHF
🇿🇦 ZAR South African Rand	4,408.31 ZAR
🇲🇾 MYR Malaysian Ringgit	1,106.92 MYR
🇮🇩 IDR Indonesian Rupiah	4,781,675 IDR
🇹🇭 THB Thai Baht	9,000.7 THB
🇹🇷 TRY Turkish Lira	13,222.49 TRY
🇷🇺 RUB Russian Ruble	22,939.0 RUB
🇳🇬 NGN Nigerian Naira	361,070 NGN
🇰🇪 KES Kenyan Shilling	35,265 KES

Why the AED behaves differently from other currencies

The UAE Central Bank has held the Dirham fixed at exactly 3.6725 AED per 1 USD since 1997. Unlike most emerging-market currencies, the AED doesn't float against the dollar day to day — it's a hard peg, defended by the central bank's reserves. That single fact explains almost everything about how AED exchange rates behave.

Practically, this means AED/USD on this page will never move (or only in the tiniest fractions from data-source rounding). What actually moves is the US Dollar's own value against currencies like the Indian Rupee, British Pound, or Pakistani Rupee — and because AED is fixed to USD, your AED→INR or AED→GBP rate simply rises and falls with the dollar. If you're watching the AED/INR rate for the right time to transfer, you're really watching USD/INR.

Why your bank's rate won't match this converter exactly

The rate shown above is the mid-market rate — the real, no-markup midpoint that banks themselves trade at with each other. No retail provider gives you this exact rate; they build in a margin on top, which is how currency conversion and remittance services actually make money.

Typical margins range from under 0.5% with specialist FX/remittance apps up to 3–4% (occasionally more) at walk-in exchange counters or standard bank counters. On a small transfer that difference is trivial. On a property sale or a large one-off remittance, it can be a meaningful sum — worth a direct comparison before you convert.

Use this converter to know the real benchmark rate, then compare what your bank, exchange house, or transfer app actually quotes you against it before committing to a large transfer.

Sending money out of the UAE: what to know

The UAE places no capital controls or caps on individuals converting or transferring money abroad — the full amount is yours to move. For larger transfers, banks will typically ask for source-of-funds documentation (a sale agreement, salary certificate, or similar) as routine anti-money-laundering compliance, not because anything is wrong.

Your receiving country may have its own separate rules on the inbound side. If you're moving money to India, for example, the Liberalised Remittance Scheme (LRS) governs how much Indian residents can send abroad — it doesn't restrict what NRIs send home. Our related guides below cover this in more depth.

How Do I Transfer Dubai Property Sale Proceeds Overseas? → RBI's Liberalised Remittance Scheme (LRS): What Every Indian Must Know → How to Open a Bank Account in Dubai as an Indian NRI →

Frequently Asked Questions

Yes. The UAE Central Bank has kept the Dirham fixed at exactly 3.6725 AED per 1 USD since 1997. This peg does not float day to day, so AED/USD on this converter will not move — what does move is the USD's own value against other currencies like INR, GBP, or PKR, and that movement is what changes your AED cross-rate to those currencies.

This converter shows the mid-market rate — the actual midpoint rate banks trade at with each other, with no markup. Banks, exchange houses, and money transfer apps add their own margin on top (commonly 0.5%–4%, sometimes more for cash counters). Always compare the final rate you're quoted against the mid-market rate here before transferring a large sum.

The UAE itself imposes no capital controls or caps on individuals converting or transferring money abroad. Banks and exchange houses will ask for source-of-funds documentation on larger transfers as routine AML compliance. Your receiving country may separately have its own rules — India's LRS, for example, governs outward remittance by residents, not inbound transfers from NRIs.

For larger, one-off transfers like property sale proceeds, compare your bank's telegraphic transfer rate against at least one specialist FX or remittance provider — the spread difference matters far more in absolute terms on a large sum than on routine transfers. Have your documentation ready in advance, since banks commonly request it for large transfers.

Rates refresh from a live market data source every 6 hours and are cached in between to keep the page fast. This is a mid-market indicative rate for planning purposes — always confirm the exact rate with your bank or transfer provider at the time you actually convert.

No. This converter is for quick, informal reference only. For tax filings, customs declarations, or accounting entries, use the official rate specified by the relevant authority — for example, India's tax filings typically require the SBI TT buying rate on the specified date, not a generic market rate.

Free UAE Tax & Property Tools