About this pair
SGD/AED: what to know
The SGD/AED rate shows how much AED you get for 1 SGD. Right now, 1 SGD buys 2.8764 AED at the mid-market rate. In the other direction, 1 AED is worth 0.3477 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while AED responds to its peg to the US dollar.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. 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.