About this pair
AED/GBP: what to know
The AED/GBP rate shows how much GBP you get for 1 AED. Right now, 1 AED buys 0.2031 GBP at the mid-market rate. In the other direction, 1 GBP is worth 4.9238 AED.
In the short term AED is driven mainly by its peg to the US dollar, while GBP responds to Bank of England policy and the UK economy.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.