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Chart · 30 jours

UAE Dirham (AED) exchange-rate chart to Euro (EUR)

The AED/EUR pair shows how many Euros one UAE Dirham buys. It is used by travelers, importers, and investors moving funds between the UAE and the Eurozone.

Current rate
0,23643296
1 AED = 0,23643296 EUR
Source
Market rate
api.forex
Observed 03/08 00:00 UTC
Reading guide

What does the AED/EUR chart show?

The curve shows the change in one unit of AED expressed in EUR. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.

Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.

Interpretation

Variation, volatility and context

Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.

Minimum 0,23578099
Maximum 0,23956148
Average 0,23818936
Total change -0.71%
Observed movement

AED/EUR sur 30 jours

Du au · 25 observations

api.forex
Market series supplied by api.forex.
Editorial analysis

Understanding the AED/EUR pair

The AED/EUR exchange rate measures the value of the UAE Dirham against the Euro, indicating how many Euros are needed to purchase one Dirham. This pair is relevant for tourists, businesses engaged in trade between the UAE and Eurozone countries, and investors with cross-border portfolios. When the Dirham appreciates against the Euro, each Dirham buys more Euros, making Eurozone goods cheaper for UAE importers and reducing the cost of European travel for UAE residents.

The UAE Dirham is pegged to the US Dollar at a fixed rate of approximately 3.6725 AED per USD, which means the AED/EUR rate is largely driven by fluctuations in the EUR/USD pair. The European Central Bank (ECB) sets monetary policy for the Eurozone, while the UAE Central Bank follows the US Federal Reserve's lead due to the dollar peg. Interest rate differentials between the Fed and the ECB, inflation trends, and economic growth in both regions influence the pair. Additionally, oil prices affect the UAE economy, while Eurozone trade balances, tourism flows, and political stability play roles in the Euro's strength.

Over the past several years, the AED/EUR rate has reflected the broader dynamics of the US Dollar and Euro. When the US Dollar strengthened, the Dirham followed, causing the AED/EUR rate to rise (more Euros per Dirham). Conversely, when the Euro gained ground, the rate fell. The pair has experienced periods of volatility around ECB policy announcements, geopolitical events, and shifts in global risk sentiment. Without specific historical data, the general trend has been influenced by the relative performance of the US and Eurozone economies, with the Dirham's peg ensuring that the pair moves in tandem with EUR/USD.

This analysis is provided for information only and is neither a forecast nor financial advice.

Latest available observations

The table remains readable without JavaScript and repeats the latest chart points.

Date UTCRateChange
0,23643296 +0.28%
0,23578099 -0.17%
0,23618939 -0.07%
0,23635843 -0.49%
0,23751872 -0.70%
0,23920196 -0.15%
0,23956148 +0.22%
0,23902492 -0.13%
Reading

Understand the trend

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Data

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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