About this pair
BTC/AED: what to know
The BTC/AED rate shows how much AED you get for 1 BTC. Right now, 1 BTC buys 283,925.99 AED at the mid-market rate. In the other direction, 1 AED is worth 0.00000352204 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while AED responds to its peg to the US dollar.
The supply is capped at 21 million coins. The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.