EUR/AED update: Currently at 4.2213 AED, down 1.5% from its 3-month avg. Experts highlight that positive Eurozone data may support the euro, but geopolitical tensions and ECB policy will be key. Monitor oil price shifts as they could impact both currencies significantly

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What is the First Abu Dhabi Bank Send Money conversion rate for AED to EUR?

The First Abu Dhabi Bank AED to EUR exchange rate is 0.221. This is -6.6% compared to the latest AED-EUR mid-market rate 0.2366.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to Euro (EUR) rates from different sources before making a conversion.

The above First Abu Dhabi Bank - United Arab Emirates dirham to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by First Abu Dhabi Bank and other foreign exchange providers against the latest AED-EUR mid-rate and the possible savings of using various providers. 

How do First Abu Dhabi Bank AED-EUR rates compare between providers?

Looking at the full AED to EUR - Send Money comparison table the provider with the best AED to EUR exchange rate is XE at 0.2352, -0.59% from the latest mid-market rate 0.2366.

The next best is Wise at 0.2282, -3.6% from the mid-rate.

Among the banks the First Abu Dhabi Bank rate is 0.221 at -6.6% the HSBC rate is 0.2236 at -5.5% and the Citibank rate is 0.2245 at -5.1% compared to the mid-rate 0.2366.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like First Abu Dhabi Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.