About this pair
CHF/AED: what to know
The CHF/AED rate shows how much AED you get for 1 CHF. Right now, 1 CHF buys 4.5471 AED at the mid-market rate. In the other direction, 1 AED is worth 0.2199 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while AED responds to its peg to the US dollar.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar.
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.