UAE Dirham (AED)
Pegged to USD at 3.6725 since 1997. The Gulf's most important remittance currency.
🇦🇪 About the UAE Dirham (AED)
The UAE Dirham (AED) is one of the world's most stable currencies, pegged to the US Dollar at exactly 1 USD = 3.6725 AED since 1997. This fixed peg is backed by the UAE's enormous oil wealth and sovereign wealth funds (ADIA, Mubadala) totalling over USD 1 trillion in assets. The peg has never been broken or adjusted in nearly 30 years.
Because AED is pegged to USD, AED exchange rates against all other currencies are entirely determined by USD. AED/INR = USD/INR ÷ 3.6725. AED/PKR = USD/PKR ÷ 3.6725. This means if you understand USD/INR or USD/PKR direction, you automatically know AED/INR and AED/PKR direction.
The UAE is home to 3.5 million Indians (the largest expat community) and 1.6 million Pakistanis, making it the world's single largest source country for both India and Pakistan remittances. Combined, the UAE sends over USD 20 billion annually to South Asia — one of the world's largest bilateral flows.
The UAE is rapidly diversifying its economy beyond oil through initiatives like Dubai Expo legacy investments, Abu Dhabi tourism, FinTech (DIFC), and manufacturing. However, the AED/USD peg remains a cornerstone of UAE monetary policy, providing unmatched exchange rate stability for the expat-driven economy.
💱 Convert AED To Other Currencies
Live mid-market rates — click any pair for the full converter with conversion table and analysis.
💱 Convert Other Currencies To AED
⚙️ What Drives the UAE Dirham?
Key economic factors that move the AED exchange rate — monitored by traders, investors and expats.
📊 AED Exchange Rate Forecasts
📰 AED Currency Articles & Analysis
📊 Popular AED Forecasts
Most-read AED exchange rate outlooks — updated regularly
🕒 Recently Updated — AED Pages
Converter pages with latest market data and analysis
✈️ Travel Tips — AED
In the UAE, AED is king. Credit cards are universally accepted in malls, hotels, and restaurants. For currency exchange, avoid airport bureaus — exchange rates in the Gold Souk (Deira) or malls like Dubai Mall are significantly better. Taxis accept AED cash; Uber/Careem accept card payments.
💸 Remittance Tips — AED
For AED remittances to India and Pakistan, UAE Exchange (Mashreq Neo), Al Fardan Exchange, and Wise offer the best rates. For in-person exchanges, exchange houses in Deira (Dubai) offer near-open-market rates. For digital transfers, Wise provides transparent pricing with 0.4-0.5% margins.