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The United Arab Emirates dirham (AED) is the official currency of the United Arab Emirates, but if you're traveling to Canada, you'll want to know how to exchange your AED for Canadian dollars (CAD).
The exchange rate between AED and CAD can fluctuate, but as of the latest data, 1 AED is equivalent to approximately 0.27 CAD. This means that if you exchange 100 AED, you'll get around 27 CAD.
To get the best exchange rate, it's essential to research and compare rates from different currency exchange providers. Some banks and financial institutions may offer more competitive rates than others.
Currency Exchange Rates
The AED to CAD exchange rate has fluctuated over the past year, with a high point of 0.3959 CAD per AED on January 31, 2025.
OANDA's Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies, including AED to CAD.
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The AED to CAD exchange rate has increased by +4.62% over the last 90 days, with a high of 0.39594 CAD and a low of 0.37678 CAD.
Here are the conversion rates for AED to CAD:
The Canadian Dollar is currently stronger than the UAE Dirham, with 1 CAD equal to 2.488 AED.
As of February 3, 2025, the best AED to CAD exchange rate is 0.4019 CAD, meaning that for every AED you exchange, you'll receive 0.4019 CAD.
Rates by Year
If you're looking for a specific year's AED to CAD exchange rate, you can view the rates by year on our website. We have a list of exchange rates for each year from 2016 to 2025.
Here is the list of available years:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
You can click on any of these links to view the AED to CAD exchange rates for that particular year.
Current Information
The United Arab Emirates Dirham has increased by +2.68% year-to-date against the Canadian Dollar.
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This means that if you had 100 Canadian Dollars at the beginning of the year, you would now have 102.68 Canadian Dollars after converting it to Dirhams.
The Dirham has appreciated by +9.29% against the Canadian Dollar over the past 10 years.
This significant increase in value is a testament to the Dirham's stability and strength against the Canadian Dollar.
As of February 3, 2025, the best AED to CAD exchange rate is 0.4019 CAD.
This rate is based on the mid-market exchange rate and can be used as a reference for your transactions.
The AED to CAD exchange rate has fluctuated between $0.39594 and $0.38945 over the past 30 days, with an average rate of $0.39192.
This volatility is a normal occurrence in the foreign exchange market.
Here's a breakdown of the AED to CAD exchange rate over the past 30 and 90 days:
The overall change in the exchange rate over the past 30 days was +1.16%, while the total change over the past 90 days was +4.62%.
These changes can be significant, especially for those who frequently exchange currencies.
Conversion and Calculation
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The conversion rates between AED and CAD are quite straightforward. According to the current exchange rate, 1 AED is worth 0.402 CAD.
You can use a currency converter tool to check the latest rates. For example, OANDA's Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
The exchange rate can fluctuate over time, so it's essential to check the current rate before making any transactions. In the past 30 days, the AED to CAD exchange rate reached a high of 0.39594 and a low of 0.38945, with an average rate of 0.39192.
To give you a better idea, here are some conversion rates for different amounts of AED:
Keep in mind that these rates are subject to change and may not reflect the current rate. It's always a good idea to check the current rate before making any transactions.
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If you're planning to exchange a large amount of AED to CAD, it's worth shopping around to find the best exchange rate. You can use a tool like OANDA's Currency Converter to compare rates from different providers.
In addition, you can also use a digital service to exchange AED to CAD. This can often provide a better exchange rate and avoid standing in line at a physical store. Online currency exchange services are safe, intuitive, and easy to use, making them a convenient option for international transactions.
Tips and Advice
Exchanging your money digitally is often easier, so consider using online services for your AED to CAD transactions.
To get the best AED to CAD exchange rate, shop around and compare rates from banks, currency exchange offices, and international payment services.
You can get to know the AED/CAD mid-market exchange rate using reputable currency conversion tools, and set up rate alerts to notify you when the rate hits your preferred level.
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Act fast to complete your transaction before markets move again, as exchange rates can change quickly.
Opening a multi-currency account can be helpful if you transact internationally often, live overseas, receive payments from abroad, or shop online with international retailers.
With a multi-currency account, you can hold a balance in the currency or currencies of your choice, eliminating the need to convert from one currency to another unnecessarily.
Frequently Asked Questions
I'd be happy to help you with that. Here's the "Frequently Asked Questions" section:
What is the exchange rate for AED to CAD?
The exchange rate for AED to CAD is approximately 1 AED = 0.27 CAD, based on current market rates.
Can I exchange AED for CAD at a bank?
Yes, you can exchange AED for CAD at a bank, but be aware that bank exchange rates may not be the best option.
How much AED can I exchange for CAD?
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The amount of AED you can exchange for CAD depends on the bank or currency exchange service you use, but typically ranges from 500 AED to 10,000 AED.
Do I need to have a bank account to exchange AED for CAD?
No, you don't need to have a bank account to exchange AED for CAD, but some banks may require it.
Can I use a currency exchange service to exchange AED for CAD?
Yes, you can use a currency exchange service to exchange AED for CAD, but be aware that exchange rates may not be as favorable as those offered by banks.
What is the best way to exchange AED for CAD?
The best way to exchange AED for CAD is to use a reputable currency exchange service or a bank with a competitive exchange rate.
Can I exchange AED for CAD online?
Yes, you can exchange AED for CAD online through various currency exchange services, but be aware of any fees or exchange rate markups.
Frequently Asked Questions
How much is $1 CAD to Dirham?
As of 29/12/2024, $1 CAD is equivalent to 2.5471 AED. Check our live currency converter for the latest exchange rate and more.
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