UAE Exchange Rates

The United Arab Emirates over recent years has under gone one of the most radical development transformations in the history of the world.

In 1971 Dubai, Abu Dhabi and five other emirates joined together to form what is now known as the United Arab Emirates after former protector Britain left the Persian Gulf.

The country being rich in oil soon became one of the major trading ports between the east and west offering free trade which provided foreign companies unrestricted import of labour and export capital. Despite the recent global credit crunch the UAE still remains a popular attraction for holiday makers and property investors alike. The all year round sunshine makes the UAE particularly popular for European visitors in the winter months when it is cold back home.

In common with all our foreign currency exchange money rates, we are exceptionally competitive in respect of our UAE exchange rates. We have found that a lot of people are still buying a lot of properties in the UAE taking advantage of cheaper prices since the credit crunch hit. The UAE suffered along with other popular holiday and overseas property purchase destinations; savvy buyers are now are snapping up property bargains at knock down prices.

The UAE exchange rate (AED) is very favorable when exchanging from (GBP) Sterling and you get a lot for your money. The rate has stayed pretty constant for some time and British holiday makers and those looking to purchase a property in the UAE find they get more for their money than other destinations in the Euro zone for example.

For a bank to bank quote if you are considering buying a property or require our business exchange rates please call FREE - 0207 594 0599

Simply register online today and get the best rates available!