About this pair
USD/AED: what to know
The USD/AED rate shows how much AED you get for 1 USD. Right now, 1 USD buys 3.6725 AED at the mid-market rate. In the other direction, 1 AED is worth 0.2723 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while AED responds to its peg to the US dollar.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.