What is the
WorldRemit Send Money conversion rate for AED to PHP?
The WorldRemit AED to PHP exchange rate is 15.35. This is -1% compared to the latest AED-PHP mid-market rate 15.51.
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 Philippine peso (PHP) rates from different sources before making a conversion.
The above
WorldRemit - United Arab Emirates dirham to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest AED-PHP mid-rate and the possible savings of using various providers.
How do WorldRemit AED-PHP rates compare between providers?
Looking at the full
AED to PHP - Send Money comparison table the provider with the best AED to PHP exchange rate is XE at 15.41, -0.64% from the latest mid-market rate 15.51.
The next best is WorldRemit at 15.35, -1% from the mid-rate.
Then Wise at 14.96, which is -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 14.48 at -6.6% the HSBC rate is 14.65 at -5.5% and the Citibank rate is 14.72 at -5.1% compared to the mid-rate 15.51.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like WorldRemit or platforms that offer rates closer to the mid-market rate.