AED to CAD Converter
United Arab Emirates Dirham to Canadian Dollar
United Arab Emirates Dirham to Canadian Dollar (AED/CAD)
This page converts the United Arab Emirates Dirham (AED) used in the United Arab Emirates into the Canadian Dollar (CAD) used in Canada. The current rate loads in your browser; type any amount into the converter above to see its value.
What moves the AED/CAD rate
The United Arab Emirates Dirham is mainly influenced by a fixed peg to the US dollar of about 3.6725 dirhams per dollar, maintained by the UAE Central Bank. The Canadian Dollar is mainly influenced by Bank of Canada policy and the prices of oil and other commodities Canada exports. When these forces push the two currencies in different directions, the AED/CAD rate moves; when they move together, the rate tends to stay steadier.
How this rate is calculated
Rates are fetched from Frankfurter, which publishes the European Central Bank's daily reference rates (updated once per working day), and from ExchangeRate-API for currencies the ECB does not cover. All rates are stored against the euro, so the AED/CAD figure is a cross rate: the euro value of CAD divided by the euro value of AED. These are indicative mid-market reference rates and may differ from the rates offered by banks, card issuers and payment providers.
Frequently asked questions
How do I convert AED to CAD?
Enter an amount in United Arab Emirates Dirham and the converter multiplies it by the latest daily AED/CAD reference rate to show the value in Canadian Dollar. To go the other way, CAD to AED, divide by the same rate or use the swap button.
Where does the AED to CAD rate come from?
Rates come from Frankfurter, which republishes daily European Central Bank reference rates, with ExchangeRate-API filling in currencies the ECB does not publish. They are cached in your browser for up to an hour.
Is this the AED to CAD rate my bank will give me?
No. These are mid-market, indicative rates. Banks, card providers and transfer services usually add a margin or fee, so the Canadian Dollar you actually receive is typically a little lower.