About this pair
NZD/AED: what to know
The NZD/AED rate shows how much AED you get for 1 NZD. Right now, 1 NZD buys 2.1344 AED at the mid-market rate. In the other direction, 1 AED is worth 0.4685 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while AED responds to its peg 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. 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.