AED to EGP Exchange Rate Today
Convert UAE Dirhams to Egyptian Pounds with live AED/EGP rates for remittances from Dubai, Abu Dhabi, or Sharjah to Egypt. Support Egyptian families effectively.
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Sending 1,000.00 AED → EGP
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current AED to EGP exchange rate?
The UAE Dirham to Egyptian Pound rate typically ranges between E£14-16 per AED1. Since AED is pegged to USD at 3.6725, the rate primarily tracks USD/EGP. Egypt's currency has experienced significant devaluations (2016 float, 2022-2023 devaluations) due to IMF programs. Over 4 million Egyptians work in Gulf countries, with UAE hosting the largest share after Saudi Arabia.
Why is this remittance corridor so important?
UAE employs approximately 900,000 Egyptians across construction, healthcare, education, and services. Workers send billions in remittances annually to support families in Cairo, Alexandria, and rural areas. UAE-Egypt remittances are crucial for Egyptian households—many families depend entirely on Gulf income. Strong currency peg makes AED reliable for Egyptian expats planning remittances.
What's the best way to send AED to Egypt?
Use UAE Exchange or Al Ansari Exchange (low fees, established Egyptian networks), Wise or Remitly for app-based transfers, Egyptian banks' UAE branches like NBE or Banque Misr, or traditional services like Western Union. Many Egyptians use multiple services to find best rates—E£0.10 difference per dirham matters on large transfers.
When should I convert Dirhams to Egyptian Pounds?
Dubai construction workers sending AED2,000 monthly maximize value when dirham exceeds EGP18, gaining EGP36K versus EGP30K at EGP15—critical for Cairo and Alexandria families. AED's dollar peg at 3.6725 means Egyptian pound devaluations (2016: EGP8.8 to EGP18, 2022-2023: EGP15.7 to EGP30) create dramatic gains. UAE's 450,000 Egyptian workers remit $4B annually through UAE Exchange and Al Ansari corridors. IMF program announcements typically strengthen pound 5-8% temporarily before gradual weakening resumes.
How does Egyptian currency instability affect remittances?
EGP devaluations (from E£8 to E£30 per dollar since 2016) mean Egyptian families receive more pounds per dirham—good for recipients but erodes their purchasing power due to inflation. Workers time large transfers (property, weddings) for when EGP is weakest. CBE often devalues around IMF review periods—watch for these announcements.