GBP to AED

GBP to AED

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What is the GBP to AED exchange rate today?

As with most of the GCC countries, the AED is pegged to the US dollar. This means that the movements of the dollar, particularly against the British pound, can affect the GBP to AED exchange rate.

Any movement can alter the value of your transaction when you make an overseas payment from pound to dirham. Therefore, it can be hugely beneficial to maintain a close eye on the GBP to AED rate with our currency chart below.

What can affect the GBP to AED exchange rate?

The UAE dirham has been tied to the US dollar since 1997, at a fixed rate of AED3.6725 to $1, meaning that the currency only moves against other currencies as and when the USD does.

This ultimately reflects any movements in the GBP/USD exchange rate onto the GBP to AED rate and leaves it open to the same economic and political influences. Economic data released by the US or UK, as well as developments in government and statements from key political figures can affect investors faith in the GBP/USD rate, and as such the pound to dirham rate.

 

Convert pound to dirham with competitive rates and low fees

Whether you wish to send money to Dubai or to anywhere else in the UAE, you can enjoy a competitive rate when you convert pounds to dirhams with moneycorp.

In addition, low transfer fees mean you won’t incur the huge costs that high-street banks can charge you for simply sending money to a foreign bank account.

Watch live FX rates change in our Currency Zone.

Watch live FX rates change in our Currency Zone.

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