The dirham is pegged to the US dollar
The UAE dirham has been pegged to the US dollar since 1997 at 3.6725 AED to 1 USD, so AED ↔ USD barely moves. AED against the pound or the Pakistani rupee moves as those currencies move against the dollar.
Why your bank gives you a different rate
The converter shows the mid-market rate – halfway between the price banks buy and sell currency at. When you change money or send it home, the provider usually gives you a less favourable rate and may add a fee on top. To compare providers, look at how much will arrive after fees, not only the advertised rate.
Worked example
Sending AED 5,000 to Pakistan. If the mid-market rate were 1 AED = 76.00 PKR, the converter would show PKR 380,000. A provider offering 75.20 PKR per dirham with a AED 15 fee would deliver (5,000 − 15) × 75.20 = PKR 374,872 – about PKR 5,100 less than the mid-market figure. (Example numbers only – use the converter for today’s rate.)
Where the rates come from
We collect free daily rates from ExchangeRate-API on our own server once every few hours, so your browser never contacts a third party. The result shows when the source last published them. Rates are for information only and are not an offer to exchange money.
Sending money home
When you send money from the UAE to Pakistan, India or the UK, compare three things: the exchange rate offered, any fixed fee, and how quickly the money arrives. Exchange houses, banks and apps can differ by several percent on the same day. Check the amount the recipient will get in their own currency – that is the only fair comparison.
The converter shows a rate for both directions – for example how many pounds one dirham buys and how many dirhams one pound buys – so you can check a quote whichever way it is written.