Lower the inflation indicates a healthy economy that results in an appreciation of the value of the currency. The amount of currency in circulation also acts as a factor that affects the conversion price of AED vs.
Central Banks take several measures to maintain a stable flow of currency in the country by benchmarking interest rates.
Interest rates indicate the cost at which the money can be borrowed. When the interest rate is less, the borrowers will borrow more money and will use it for investing purpose.
Conversely, when there is too much of money circulating in the market, then the supply of goods will be less, high rate of inflation creeps, leading to exchange rate depreciation. A country's economic, social and political conditions also affect the currency conversion rates. If all the conditions mentioned above are right, then the value of the currency rises as there is confidence among the foreign investors to invest in the country, even the export and import of goods and services will show favorable trade balances.
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Check live rates, send money securely, set rate alerts, receive notifications and more. Scan me! Over 70 million downloads worldwide. Convert Send Charts Alerts. AED — Emirati Dirham. We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.
They are not transactional rates. Check live rates, send money securely, set rate alerts, receive notifications and more. Scan me! Over 70 million downloads worldwide. Convert Send Charts Alerts. We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.
They are not transactional rates. Learn more. AED — Emirati Dirham. View full chart. High These are the highest points the exchange rate has been at in the last 30 and day periods.
Low These are the lowest points the exchange rate has been at in the last 30 and day periods.
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