THB/AED: what to know
The THB/AED rate shows how much AED you get for 1 THB. Right now, 1 THB buys 0.1111 AED at the mid-market rate. In the other direction, 1 AED is worth 8.9973 THB.
In the short term THB is driven mainly by tourism and trade flows, while AED responds to its peg to the US dollar.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. 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.