About this pair
AED/USD: what to know
The AED/USD rate shows how much USD you get for 1 AED. Right now, 1 AED buys 0.2723 USD at the mid-market rate. In the other direction, 1 USD is worth 3.6725 AED.
In the short term AED is driven mainly by its peg to the US dollar, while USD responds to Fed policy, US growth 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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
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.