About this pair
AED/JPY: what to know
The AED/JPY rate shows how much JPY you get for 1 AED. Right now, 1 AED buys 41.7981 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.0239 AED.
In the short term AED is driven mainly by its peg to the US dollar, while JPY responds to Bank of Japan policy and global risk appetite.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.