AED/AUD: what to know
The AED/AUD rate shows how much AUD you get for 1 AED. Right now, 1 AED buys 0.3796 AUD at the mid-market rate. In the other direction, 1 AUD is worth 2.6340 AED.
In the short term AED is driven mainly by its peg to the US dollar, while AUD responds to commodity prices and Chinese demand.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.