703 AED to AUD - Convert UAE Dirham to Australian Dollar

Convert AED to AUD using our currency converter with real exchange rate today

1 AED = 0.427 AUD

1 AUD = 2.342 AED

(Mid-market exchange rate)

Last updated Dec 13, 2024 05:58 GMT

AED to AUD conversion chart

Below is the live and historical UAE Dirham to Australian Dollar rate chart so you can see today's rate - and how the rates have changed over time.

1 AED = 0.427 AUD

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703 UAE Dirham to Australian Dollar stats | AED to AUD

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.429 0.429 0.428 0.428 0.429
Low 0.421 0.416 0.393 0.393 0.416
Average 0.426 0.421 0.411 0.411 0.421
Volatility 1.9% 3.13% 8.91% 8.91% 3.13%

What is the UAE Dirham worth against the Australian Dollar today?

1 AED is worth 0.427 AUD today

How much is 703 AED worth in AUD?

At the current exchange rate of 0.427 , a sum of 703 UAE Dirham is worth 300.181 Australian Dollar.

Which currency is stronger? AED or AUD?

The Australian Dollar is currently stronger than the UAE Dirham given that 1 AUD is equal to 2.342 AED. Conversely, 1 AED is worth 0.427 AUD.

Overview of AED to AUD Performance and Trends

Today, to buy 703 UAE Dirham, you need 300.181 Australian Dollar. On the same date last year, you needed 291.75 Australian Dollar for 703 UAE Dirham. This change indicates that the UAE Dirham has become stronger against the Australian Dollar by 2.89% over the past year.

The pair experienced moderate volatility of 8.91%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

AED to AUD Currency Performance and Volatility

Last 7 Days

  • Performance: د.إ703 varied between $0.421 (weekly low) and $0.429 (weekly high), a variance of $0.008 .
  • Volatility: Fluctuated by 1.9%.

Last 30 Days

  • Performance: د.إ703 varied between $0.416 (30-day low) to $0.429 (30-day high), a variance of $0.013 .
  • Volatility: Fluctuated by 3.13%.

Last 90 Days

  • Performance: د.إ703 varied between $0.393 (90-day low) to $0.428 (90-day high), a variance of $0.035 .
  • Volatility: Fluctuated by 8.91%.

Last Year

  • Performance: د.إ703 ranged from $0.393 (yearly low) to $0.428 (yearly high), a variance of $0.035 .
  • Volatility: Fluctuated by 8.91%.

AED to AUD Forecast and trending

Is the UAE Dirham going up or down against the Australian Dollar?

Today's AED to AUD exchange rate (0.427) is smaller compared to yesterday's rate (0.427).

Currency information

AED - UAE Dirham

The currency code for UAE Dirham is AED.

The AED currency symbol is د.إ.

Minor unit: 1/100 = Fils

AED rank by most traded currencies: 26

Avg proportion of daily world trade volume: 0.20%

AED rank by strongest currencies (buying power): 34

The UAE Dirham is the currency of 1 countries:
United Arab Emirates, Dubai

More UAE Dirham (AED) information >

AUD - Australian Dollar

The currency code for Australian Dollar is AUD.

The AUD currency symbol is $.

Minor unit: 1/100 = Cent

AUD rank by most traded currencies: 6

Avg proportion of daily world trade volume: 3.20%

AUD rank by strongest currencies (buying power): 14

The Australian Dollar is the currency of 11 countries:
Australia, Ashmore and Cartier Islands, Australian Antarctic Territory, Christmas Island, Cocos (Keeling) Islands, Coral Sea Islands, Heard Island and McDonald Islands, Norfolk Island, Kiribati, Nauru, Tuvalu

More Australian Dollar (AUD) information >

Understanding AED to AUD Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert UAE Dirham to Australian Dollar, to send a payment, for a trip overseas, when shopping online or to hold a balance in Australian Dollar.

How to convert AED to AUD?

You can convert UAE Dirham to Australian Dollar either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Australian Dollar in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in UAE Dirham cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Australian Dollar in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in UAE Dirham you want to send, or the amount in Australian Dollar you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Australian Dollar

How to get the best AED to AUD exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best AED to AUD exchange rate for your specific transaction.

Get to know the AED/AUD mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the AED/AUD mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including UAE Dirham and Australian Dollar. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy UAE Dirham with Australian Dollar?

You'll be able to exchange Australian Dollar to UAE Dirham in the same way as you'd exchange UAE Dirham to Australian Dollar. If you have Australian Dollar in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Australian Dollar. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold UAE Dirham in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange AED to AUD?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting UAE Dirham to Australian Dollar (AED to AUD)

How much is the UAE Dirham to Australian Dollar?

The UAE Dirham to Australian Dollar exchange rate today is 0.427 . Use this guide to learn more about exchanging AED to AUD in the easiest and best value way for your specific needs.

How much is 703 UAE Dirham to the Australian Dollar?

The AED to AUD rate today is 0.427 . That means that 703 UAE Dirham would be worth 300.181 Australian Dollar.

How to exchange UAE Dirham to Australian Dollar?

Exchange AED to AUD in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including AED to AUD.

How to send money to Australia?

If you want to send money from United Arab Emirates - or anywhere else in the world - to Australia, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Australia - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Australian Dollar and UAE Dirham on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live UAE Dirham to Australian Dollar exchange rate with our handy tools, to help you compare your options.

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