Are you going to the Philippines or sending money back home? As of 9th December 2024, the AED to PHP rate is 1 AED = 15.76 PHP. Perhaps you’re a business owner dealing with foreign exchange payments. This page will help you with live AED to PHP currency rates today.
AED to PHP 9th December 2024
1 AED To PHP Rate Today
🇦🇪 درهم إماراتي AED to – Philippine Peso 🇵🇭
1 AED = 15.76 PHP
Emirati Dirham to Philippine Peso conversion — updated 9th December 2024
Understanding the AED to PHP exchange rate is important for anyone dealing with these currencies. Whether you’re an expat, a curious traveler or just making an international money transfer from the UAE to the Philippines, this guide will break down everything you need to know about the AED to PHP exchange rate in 2024. You want to get the best PHP rate for your UAE Dirham. We’ll cover everything from live rates and historical exchange Rate trends to the factors that make this currency pair work. So, let’s get started!
Checkout: AED to INR Today.
Convert Emirati Dirham to Philippine Peso
| AED Amount | PHP Equivalent |
|---|---|
| 1 AED | 16/- PHP |
| 5 AED | 79/- PHP |
| 10 AED | 158/- PHP |
| 25 AED | 394/- PHP |
| 50 AED | 788/- PHP |
| 100 AED | 1,576/- PHP |
| 200 AED | 3,152/- PHP |
| 500 AED | 7,880/- PHP |
| 1000 AED | 15,760/- PHP |
AED to PHP Exchange Rate History
Date Rate (1 AED to PHP) Percentage Change 2024-12-06 07:57:19 15.85 - 2024-12-06 16:23:48 15.85 0% 2024-12-07 00:02:52 15.74 -0.69% 2024-12-07 08:27:52 15.74 0% 2024-12-07 15:55:54 15.74 0% 2024-12-07 23:59:51 15.74 0% 2024-12-08 07:59:05 15.76 0.13% 2024-12-08 15:56:20 15.76 0% 2024-12-09 00:07:32 15.76 0% 2024-12-09 07:55:47 15.76 0%
Check out this cool chart! It shows the AED to PHP exchange rate over the past few days. You can see the daily rates and get a summary of the exchange rate history. As of 9th December 2024 the PHP to AED rate is 1 PHP = 0.063452 AED.
PHP to AED Exchange Rate History
Date Rate (1 PHP to AED) Percentage Change 2024-12-06 07:57:19 0.063091 - 2024-12-06 16:23:48 0.063091 0% 2024-12-07 00:02:52 0.063532 0.7% 2024-12-07 08:27:52 0.063532 0% 2024-12-07 15:55:54 0.063532 0% 2024-12-07 23:59:51 0.063532 0% 2024-12-08 07:59:05 0.063452 -0.13% 2024-12-08 15:56:20 0.063452 0% 2024-12-09 00:07:32 0.063452 0% 2024-12-09 07:55:47 0.063452 0%
Economic booms and busts, political upheavals in the UAE or Philippines, changes in capital flows, and even global pandemics can make the exchange rate move. Understanding these past trends can give you an idea of how this currency pair works, but no guarantee of future performance (always check those exchange rate forecasts!).
Checkout: AED to PKR Today
AED to PHP Exchange Rate Factors
Ever wondered what makes the AED to PHP go up and down? It’s a combination of awesome things!
- Economic factors: Interest rates set by Central banks, inflation, GDP growth, and other economic indicators in both the UAE and the Philippines. These have a BIG impact on the foreign exchange rate.
- Political stability: Political events and stability in both countries can create ripples in the currency exchange markets.
- Global market trends: Like a domino effect, global events, and economic trends, maybe even a Dollar after an Inflation Shock, can also affect the AED and PHP.
- Remittance flows: The amount of money sent by Overseas Filipino Workers (OFWs) from the UAE to the Philippines is a big factor in the Philippine Peso exchange.
How to Get the Best AED to PHP Exchange Rate?
Ready to get the most out of your United Arab Emirates dirham?
Here’s the secret sauce:
- Shop around: Compare exchange rates from different providers. Banks, money changers, online platforms – they all have different rates. Look for those that beat bank rates.
- Cut those fees: Watch out for extra exchange fees! Look for providers with low fees and commissions on your currency transfers. Every cent counts!
- Time it right: Keep an eye on the market and exchange your currency when the rate is good. Consider setting up rate alerts to stay informed.
- Go big, go remittance: For larger transactions, consider using remittance services. They often have better rates than banks and may have fee-free money transfers for a limited time.
- Explore all options: Check out international transfer options like card transfers and International wire transfers. Compare transfer fees and delivery times to find the best.
Managing Your Money Across Currencies
Juggling two currencies? No problem!
Here are some pro tips:
- Budget like a boss: Track your expenses in both AED and PHP to stay on top of your finances.
- Multi-currency magic: Consider using multi-currency accounts or cards for easy spending and transfers. You can hold both AED and PHP in one account!
- Hedge your bets: If you’re worried about exchange rate fluctuations, explore hedging strategies with a foreign exchange broker to protect your money from foreign exchange risk.
Final Words
Foreign Exchange can be overwhelming but with the right information, you can make smart decisions and get the most out of your money. Know the factors that affect the AED to PHP exchange rate and use smart strategies. Monitor the market, compare rates, and ask for help if needed. Happy exchanging!
FAQs about AED to Peso
How much is 1 AED in PHP?
As of 9th December 2024 the AED to PHP rate is 1 AED = 15.76 PHP .
What affects AED to PHP exchange rate?
Economic data, interest rates, inflation, geopolitical stability and supply and demand of both currencies in the foreign exchange market.
How often does AED to PHP rate change?
Rate can change frequently, even multiple times a day due to market fluctuations and economic news. It is influenced by real-time factors.
Is it better to exchange AED to PHP in cash or via electronic transfer?
Depends on the amount and convenience. For small amounts, cash exchange may be convenient but for larger amounts, electronic transfer or remittance services may offer better rates and lower fees.
I need to send money from UAE to Philippines, how to send?
Use online remittance services, banks, or money transfer apps. Compare fees, rates and transfer time to find the best for you.
What is the fee for AED to PHP?
Fees can be 0% to several percent of the amount and it depends on the channel through which you are sending money. Always ask for fees before you exchange to know the real cost.
