The Euro and UAE Dirham exchange rates can be quite complex, but don't worry, we've got you covered. The Euro, which is the official currency of the European Union, is pegged to a basket of currencies, including the US dollar, and is managed by the European Central Bank.
The UAE Dirham, on the other hand, is pegged to the US dollar, with a fixed exchange rate of 1 USD = 3.67 AED. This means that the value of the Dirham is directly tied to the value of the US dollar.
The exchange rate between the Euro and the UAE Dirham can fluctuate depending on various economic and market factors.
Conversion Rates
The conversion rate between the Euro and the United Arab Emirates Dirham is a crucial factor to consider when traveling or doing business in the UAE. The current exchange rate is approximately 3.7836 AED for every 1 EUR.
To give you a better idea of the conversion rates, here are some examples of how much you can get for different amounts of Euros:
You can also check the conversion rates in the opposite direction, from AED to EUR. For example, 1 AED is currently worth approximately 0.2643 EUR.
It's worth noting that the exchange rate can fluctuate over time, and it's always a good idea to check the current rate before making any transactions.
Currency Information
To convert Euros to United Arab Emirates dirhams, simply type in the box how much you want to convert, and then select EUR in the first dropdown and AED in the second dropdown.
You can also use a currency converter to see the current EUR to AED rate and how it's changed over the past day, week or month.
The United Arab Emirates Dirham has decreased -0.42% year-to-date against the Euro, but it's worth noting that over the past 10 years, it has appreciated +7.96% against the Euro.
Here's a quick rundown of the Dirham's performance against the Euro:
This means that the Dirham has gained purchasing power compared to the Euro over the last decade.
Comparison and Trends
The United Arab Emirates Dirham has decreased by -0.42% year-to-date against the Euro, but it's worth noting that over the past 10 years, it has appreciated by +7.96% against the Euro.
Consequently, the Dirham has gained purchasing power compared to the Euro over the last decade. However, the Euro has lost purchasing power compared to the Dirham over the same period, having declined by -5.22% against the Dirham in the past 10 years.
The AED/EUR rate is up by +5.48% in the last year, which means the Dirham has increased in value compared to the Euro.
Lowest Rate
The lowest EUR to AED exchange rate in the last year was 3.7672 United Arab Emirates Dirhams per Euro on January 10, 2025.
This rate is significantly lower than the high point of 4.1146 United Arab Emirates Dirhams per Euro on August 23, 2024.
UAE vs the US
The Euro is stronger than the US dollar's equivalent in the United Arab Emirates Dirham, where 1 EUR is equal to 3.7836 AED.
In contrast, the US dollar is the official currency of the United States and is widely accepted globally.
The United Arab Emirates Dirham is the official currency of the UAE, and it's worth noting that 1 AED is worth 0.2643 EUR.
The value of the US dollar can fluctuate against other currencies, including the Euro, but currently, the Euro is stronger.
The UAE Dirham is pegged to the US dollar, which means its value is tied to the US dollar's value.
The Euro's strength against the UAE Dirham is a good example of how currency values can vary across different countries and regions.
Currency Trend
The United Arab Emirates Dirham has appreciated +7.96% against the Euro over the past 10 years, gaining purchasing power compared to the Euro over the last decade.
The Euro is currently stronger than the United Arab Emirates Dirham, with 1 EUR equal to 3.7836 AED, making the Euro a more valuable currency at the moment.
Over the past year, the AED/EUR rate is up +5.48%, indicating that the United Arab Emirates Dirham has increased in value compared to the Euro.
Conversely, the EUR/AED rate is down -5.36%, showing that the Euro has decreased in value compared to the United Arab Emirates Dirham over the last year.
The Euro has declined -5.22% against the United Arab Emirates Dirham over the past 10 years, resulting in the Euro losing purchasing power compared to the United Arab Emirates Dirham over the last decade.
In the last year, the Euro has decreased -0.49% year-to-date against the United Arab Emirates Dirham, further solidifying the United Arab Emirates Dirham's position as a stronger currency.
The United Arab Emirates Dirham has decreased -0.42% year-to-date against the Euro, but its long-term appreciation against the Euro has still resulted in a +7.96% gain over the past 10 years.
Alternatives to Buying Travel Money
If you're not a fan of carrying cash or want to avoid high exchange rates, there are several alternatives to buying travel money.
You can use your debit or credit card to withdraw cash at an ATM, which often comes with a lower exchange rate than buying cash at a currency exchange office.
Travel cards, like the one that offers 0% commission on foreign transactions, can be a great option for frequent travelers.
Some credit cards also offer no foreign transaction fees, making them a cost-effective choice for international travel.
You can also use digital payment methods like PayPal or TransferWise, which offer competitive exchange rates and lower fees than traditional currency exchange services.
Conversion Process
To convert euros to UAE dirhams, you'll need to use a reliable currency converter or website. This will give you the most up-to-date exchange rate, which is essential for accurate conversions.
There are several steps to follow when using a currency converter. First, simply type in the box how much you want to convert. For example, if you want to convert 100 euros, just type that in. Next, click on the dropdown to select EUR as the currency you want to convert from, and AED as the currency you want to convert to.
Here's a quick reference guide to help you with the conversion process:
For example, as of January 16, 2025, 100 euros is equivalent to 378.36 UAE dirhams.
What Is 100?
As of January 16, 2025, 100 Euros is equivalent to 378.36 United Arab Emirates Dirhams.
The exchange rate at this time is 3.7836 United Arab Emirates Dirhams per Euro.
100 Euros can be a significant amount of money, but it's essential to consider the exchange rate when converting it to another currency.
In this case, the exchange rate is 3.7836 United Arab Emirates Dirhams per Euro, which means that 100 Euros would be worth 378.36 United Arab Emirates Dirhams.
This highlights the importance of staying up-to-date with current exchange rates to ensure accurate conversions.
How to Convert?
Converting currency is a straightforward process, and I'm here to walk you through it. You can easily convert Euros to United Arab Emirates Dirhams using our currency converter.
To start, simply type in the box how much you want to convert. For example, if you want to know how much 100 Euros is in United Arab Emirates Dirhams, you would type 100 in the box.
To select the correct currency, click on the dropdown to choose EUR as the currency you want to convert and AED as the currency you want to convert to. Our currency converter will then show you the current EUR to AED rate and how it's changed over the past day, week, or month.
Here's a quick reference table to help you convert different amounts of Euros to United Arab Emirates Dirhams:
By following these simple steps, you can easily convert Euros to United Arab Emirates Dirhams and stay up-to-date with the latest exchange rates.
When to Convert?
You can trade EUR to AED 24x5, but the best time to convert is between 3-4 PM GMT, when market liquidity and trading volume are highest. This increases your chances of getting a good exchange rate.
The period between 3-4 PM GMT is often a good time to convert because currency market liquidity and trading volume tend to be the highest during this time.
If you need AED urgently, it's advisable to convert EUR to AED early in the week to avoid delayed settlement until the following week, as forex markets are closed on weekends.
Converting EUR to AED late in the week might result in a delayed settlement until the following week.
Consider All Costs
When you're looking for the best exchange rate, don't forget to factor in all the costs involved. This could have a big impact on the final price you pay for your currency.
Delivery charges can add up quickly, so be sure to check if there's one involved in your exchange. You might be surprised at how much extra you'll need to pay.
Other fees, such as transfer fees, can also eat into your exchange rate. Make sure you understand all the costs before you make a decision.
Frequently Asked Questions
Can I exchange euro to AED in Dubai?
Yes, you can exchange euros for UAE Dirhams (AED) at our Dubai branches, offering competitive rates and exceptional service. Visit us to learn more about our foreign currency exchange options.
How much is 1 euro to 1 dirham?
As of 31/12/2024, 1 Euro is equivalent to approximately 3.8179 Dirhams. For the most up-to-date conversion rate, please refer to our live currency exchange rates.
Is euro accepted in UAE?
Yes, the Euro is accepted in many establishments in the UAE, especially those catering to tourists. However, the dirham is the primary currency.
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