WorldTimeFX

CAD to AED Converter

Canadian Dollar to United Arab Emirates Dirham

Canadian Dollar to United Arab Emirates Dirham (CAD/AED)

This page converts the Canadian Dollar (CAD) used in Canada into the United Arab Emirates Dirham (AED) used in the United Arab Emirates. The current rate loads in your browser; type any amount into the converter above to see its value.

What moves the CAD/AED rate

The Canadian Dollar is mainly influenced by Bank of Canada policy and the prices of oil and other commodities Canada exports. 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. When these forces push the two currencies in different directions, the CAD/AED 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 CAD/AED figure is a cross rate: the euro value of AED divided by the euro value of CAD. 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 CAD to AED?

Enter an amount in Canadian Dollar and the converter multiplies it by the latest daily CAD/AED reference rate to show the value in United Arab Emirates Dirham. To go the other way, AED to CAD, divide by the same rate or use the swap button.

Where does the CAD to AED 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 CAD to AED 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 United Arab Emirates Dirham you actually receive is typically a little lower.

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