About this pair
AED/NZD: what to know
The AED/NZD rate shows how much NZD you get for 1 AED. Right now, 1 AED buys 0.4685 NZD at the mid-market rate. In the other direction, 1 NZD is worth 2.1344 AED.
In the short term AED is driven mainly by its peg to the US dollar, while NZD responds to soft-commodity prices and risk appetite.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
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.