United Arab Emirates Dirham

AED

  • Convertible: Yes
  • Transferable: Yes
  • Exchange rate regime: Pegged to USD
Währungs-Referenzzentrum

Available Currency Pairs

EURAED

Ansehen EUR

USDAED

Ansehen USD

GBPAED

Ansehen GBP

CHFAED

Ansehen CHF

AEDCZK

Ansehen CZK

AEDDKK

Ansehen DKK

AEDHKD

Ansehen HKD

AEDHUF

Ansehen HUF

AEDJPY

Ansehen JPY

AEDMXN

Ansehen MXN

AEDNOK

Ansehen NOK

AEDSEK

Ansehen SEK

AEDTHB

Ansehen THB

AEDZAR

Ansehen ZAR

AUDAED

Ansehen AUD

CADAED

Ansehen CAD

ILSAED

Ansehen ILS

NZDAED

Ansehen NZD

PLNAED

Ansehen PLN

RONAED

Ansehen RON

SGDAED

Ansehen SGD

Transaction Types

FX SPOT
Delivery date: T+1; T+2
Liquidity: High
FX FORWARD
Maximum maturity: 24 months
Liquidity: High

Did You Know?

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Monetary policy

  • The Central Bank of the UAE (CBUAE) is in charge of the monetary policy of the seven Emirates of the country.
  • Price setting method: the exchange rate has been defined as fixed since 1980. The dirham is directly indexed to the US dollar: the USD/AED exchange rate is in the range of 3.6720/3.6730
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Features and highlights

  • In the Gulf Cooperation Council (GCC), the United Arab Emirates has one of the most liquid currencies.
  • Friday is a non-working day in the United Arab Emirates, so there is no delivery of AEDs that day.
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Expert opinion

  • Due to the indexation of the AED to the USD, the evolution of the EUR/AED is almost perfectly correlated with that of the EUR/USD.
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Regulations

There are no special restrictions on the purchase and sale of AEDs

Important Information

PAYMENTS IN AED TO THE UNITED ARAB EMIRATES

The IBAN format is used in the United Arab Emirates. Payment instructions must contain:

  • The full name and address of the beneficiary.

Keep In Mind

Public Holidays

New Year's Day 1 Jan
Eid Al Fitr Holiday 14 Jun
Arafat (Haj) Day 21 Aug
Eid Al Adha Holiday 23 Aug
Prophet Mohammed’s Birthday 20 Nov
UAE National Day 2 Dez
Israa & Miaraj Night 13 Apr
Eid Al Fitr 15 Jun
Eid al Adha 22 Aug
Hijri New Years Day 11 Sep
Martyrs’ Day 30 Nov

When a holiday falls on a weekend, the next business day becomes a holiday

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