Today’s AED to PHP Price
Live AED to PHP Conversion Rate
Travelers, expats handling remittances, and companies that trade with UAE-Philippines should follow the Emirati Dirham (AED) to Philippine Peso (PHP) exchange rate. The current rate and conversions are:
Note: Exchange rates are updated every few minutes depending on interbank market changes.
Currency Overview: AED & PHP
Emirati Dirham (AED)
- Symbol: د.إ or AED
- Subunits: 1 AED = 100 fils
- Central Bank: Central Bank of the UAE
- Common Banknotes: 5, 10, 20, 50, 100, 200, 500, 1000 AED
Philippine Peso (PHP)
- Symbol: ₱ or PHP
- Subunits: 1 PHP = 100 centavos
- Central Bank: Bangko Sentral ng Pilipinas
- Common Banknotes: 20, 50, 100, 200, 500, 1000 PHP
Currency Exchange Rate (AED to PHP) – Last 10 Days
How to Convert AED to PHP in UAE or Philippines
- Banks: There are major banks from UAE and Philippines that provide currency exchange services.
- Money Exchange Centers: The rates are competitive in licensed exchanges such as Al Ansari Exchange, Lulu Exchange, or Palawan Express.
- Airports: Currency counters at Dubai/Manila airports provide convenience at a cost of higher fees.
- Online Forex Platforms: Use digital converters (e.g., Wise, Revolut) to have real-time rates with low fees.
Tip: Compare exchange rates and avoid high-commission exchanges.
Factors Influencing AED to PHP Exchange Rate
- USD Pegging: The AED is fixed with the USD, but PHP is floating leading to fluctuations.
- Remittance Demand: UAE-based Filipino worker remittances raise the demand for PHP.
- Economic Policies: Interest rate changes by BSP or UAE Central Bank affects values.
- Inflation & Trade Balance: The trends in Philippine import/export influence PHP strength.
- Political Stability: Geopolitical events in either country affect investor confidence.
Best Practices for AED to PHP Transactions
- Track Live Rates: Update with the help of apps such as XE and Google Finance.
- Avoid Airport Exchanges: High fees and poor rates apply.
- Use Licensed Providers: Make sure exchanges are regulated (e.g., UAE Central Bank-approved).
- Consider Timing: Rates can be better when it comes to peak remittance periods (e.g., holidays).
FAQs
Is the AED to PHP rate fixed?
No, PHP is a floating currency, while AED is pegged to USD, leading to gradual changes.
Where can I get the best AED to PHP rate?
Digital platforms (e.g., Wise) or licensed exchanges typically offer better rates than banks.
Can I use AED directly in the Philippines?
No, PHP is required for transactions. Convert AED beforehand.
Are there limits on carrying AED to the Philippines?
Declare amounts over ₱50,000 (or ~3,300 AED) upon arrival.
Do exchanges charge fees for AED to PHP?
Yes, fees vary. Compare margins (usually 0.5%-2%) before converting.
The AED to PHP rate is affected by remittance flows, economic policies, and USD trends. For the travelers and expats, the best rate is obtained by tracking the live updates and avoiding the high fee exchanges. It is always important to maintain licensed providers for safe and cost-effective transactions. With the knowledge and the choice of reliable services, you can optimize the value of your money transfers.
