About this pair
XAG/AED: what to know
The XAG/AED rate shows how much AED you get for 1 XAG. Right now, 1 XAG buys 236.8352 AED at the mid-market rate. In the other direction, 1 AED is worth 0.00422235 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while AED responds to its peg to the US dollar.
“XAG” uses silver’s Latin symbol Ag (argentum). The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.