About this pair
XPD/AED: what to know
The XPD/AED rate shows how much AED you get for 1 XPD. Right now, 1 XPD buys 4,786.69 AED at the mid-market rate. In the other direction, 1 AED is worth 0.000208913 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while AED responds to its peg to the US dollar.
Palladium is used mainly in petrol-engine catalytic converters. 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.