What is the AED to GBP rate today?
On 5 November 2026 one UAE dirham bought £0.2023, and one pound bought AED 4.9429. These figures are derived from the ECB’s reference rates (GBP/USD 1.3459) and the dirham’s fixed rate of AED 3.6725 per US dollar. Since 9 October, when a dirham bought £0.2060, the pound has risen 1.8% against the dollar, so each dirham buys about 1.8% fewer pounds. Check the live AED to GBP rate or the live GBP to AED rate at any time.
| Right now (5 November 2026) | Level |
|---|---|
| AED to GBP | 0.2023 |
| GBP to AED | 4.9429 |
| GBP/USD (ECB, derived) | 1.3459 |
| AED peg | 3.6725 per US dollar (since 1997) |
| Bank of England Bank Rate | 4.00% (raised from 3.75% on 5 November 2026) |
| Fed funds target range | 3.75%–4.00% (held on 28 October 2026) |
| Next Fed decision | 8–9 December 2026 |
| Next Bank of England decision | 17 December 2026 |
Why does AED to GBP follow the pound against the dollar?
The UAE dirham has been pegged to the US dollar at AED 3.6725 per dollar since 1997. That means GBP/AED is simply GBP/USD multiplied by 3.6725, and AED/GBP is its inverse. When the pound rises against the dollar, each pound buys more dirhams and each dirham buys fewer pounds. Nothing in the UAE economy moves the rate unless the peg itself changes. Our explainer on why the UAE dirham is pegged to the US dollar covers the history.
AED to GBP and GBP to AED in 2026: month by month
| Date | GBP/USD (ECB) | GBP to AED | AED to GBP |
|---|---|---|---|
| 2 January 2026 | 1.3443 | 4.9369 | 0.2026 |
| 29 January 2026 (pound’s 2026 high) | 1.3817 | 5.0743 | 0.1971 |
| 27 February 2026 | 1.3472 | 4.9476 | 0.2021 |
| 31 March 2026 | 1.3242 | 4.8631 | 0.2056 |
| 30 April 2026 | 1.3509 | 4.9612 | 0.2016 |
| 29 May 2026 | 1.3427 | 4.9311 | 0.2028 |
| 25 June 2026 (pound’s 2026 low) | 1.3160 | 4.8330 | 0.2069 |
| 31 July 2026 | 1.3421 | 4.9289 | 0.2029 |
| 31 August 2026 | 1.3539 | 4.9722 | 0.2011 |
| 30 September 2026 | 1.3286 | 4.8793 | 0.2049 |
| 9 October 2026 | 1.3220 | 4.8550 | 0.2060 |
| 5 November 2026 | 1.3459 | 4.9429 | 0.2023 |
GBP to AED and AED to GBP are calculated from ECB GBP/USD reference rates at the fixed rate of AED 3.6725 per US dollar.
For dirham holders, the best moment to convert this year was 25 June, when one dirham bought £0.2069. The worst was 29 January, at £0.1971. The gap between the two is 5.0%, or about £9,800 on AED 1 million. The rate on 5 November sits close to the middle of that range.
What is driving the rate in autumn 2026?
Since AED/GBP tracks GBP/USD, the drivers are US and UK interest rates. The Bank of England raised Bank Rate from 3.75% to 4% on 5 November 2026 in an 8–1 vote, its first rise in three years, with Catherine Mann voting for 4.25%. The Bank expects UK CPI, 3.5% in September, to reach about 5% by mid-2027. The Federal Reserve held its range at 3.75%–4.00% on 28 October in a 10–2 vote, with two members preferring a rise. Bank Rate at 4% is now back above the Fed’s 3.875% midpoint for the first time since mid-September.
On the US side, payrolls rose 165,000 in October, according to the Bureau of Labor Statistics, against about 65,000 expected (reported), which raises the chance of a Fed rise on 8–9 December. The ECB fixing on 6 November, struck before that release, put GBP/USD at 1.3385, so it does not capture the market’s reaction. See our Fed rate decision guide and Bank of England rate decision tracker.
What is the AED to GBP forecast for the next 6 months?
| Horizon | GBP/USD range | GBP to AED | AED to GBP |
|---|---|---|---|
| To end December 2026 | 1.32–1.37 | 4.8477–5.0313 | 0.1988–0.2063 |
| To end March 2027 (about 6 months) | 1.30–1.38 | 4.7743–5.0681 | 0.1973–0.2095 |
| 2027 as a whole | 1.28–1.40 | 4.7008–5.1415 | 0.1945–0.2127 |
Cambridge Currencies’ ranges as at 5 November 2026, taken directly from our GBP/USD forecast and converted at the AED 3.6725 peg. They are not guarantees, and rates may move outside them. This page is reviewed after each Fed and Bank of England decision.
Our previous year-end range of £0.1988–£0.2079 has not been broken. We have lowered its top to £0.2063 because we lifted the floor of our GBP/USD range from 1.31 to 1.32 after the Bank of England’s rise.
For the dirham to buy more pounds, the pound would need to fall against the dollar, most likely through a Fed rise on 9 December while the Bank of England holds at 4%.
For the dirham to buy fewer pounds, the pound would need to rise against the dollar, for example if the Bank of England raises again on 17 December or in February while the Fed pauses.
What is the pound to dirham forecast?
The pound to dirham (GBP to AED) forecast is the same forecast turned round: AED 4.85–5.03 per pound to the end of 2026, and AED 4.77–5.07 to the end of March 2027. At AED 4.94 the pound buys more dirhams than it did in October, but fewer than at its January high of AED 5.07. Our guide to opening a bank account in Dubai from the UK covers the practical side of moving to the UAE.
What does the forecast mean for converting dirhams to pounds?
| Illustrative: AED 1,000,000 converted at | Pounds received | Difference vs 5 November |
|---|---|---|
| GBP/USD 1.32 (dirham strongest in year-end range) | £206,283 | +£3,971 |
| GBP/USD 1.3459 (5 November) | £202,312 | — |
| GBP/USD 1.37 (dirham weakest in year-end range) | £198,755 | −£3,557 |
On an illustrative Dubai property sale of AED 1 million, the range to December is worth about £7,500. Our page on sending money from the UAE to the UK explains the process.
Because the UAE central bank generally follows Federal Reserve rate changes to support the peg, dirham interest rates sit close to US rates. With Bank Rate only slightly above the Fed’s midpoint, an AED/GBP forward contract is priced close to today’s rate, so fixing ahead carries little cost either way. A rate alert can tell you when the rate reaches your target.
Is the dirham rising against the Indian rupee?
For UAE residents sending money to India, the dirham’s value also follows the dollar: AED/INR is USD/INR divided by 3.6725. The dirham reached about ₹26.37 at the rupee’s weakest point in May, but the rupee has since recovered, and on 5 November a dirham bought about ₹25.73. Our USD to INR forecast covers the outlook; its year-end range of ₹93.50–₹96.50 per dollar is equivalent to roughly ₹25.46–₹26.28 per dirham.
Which dates matter for AED to GBP?
| Date | Event | Why it matters |
|---|---|---|
| 10 November 2026 | US CPI (October) | Shapes the odds of a Fed rise |
| 18 November 2026 | UK CPI (October) | Shapes the odds of a second UK rise |
| 4 December 2026 | US jobs report (November) | Dollar direction |
| 8–9 December 2026 | Federal Reserve decision and projections | A rise would tend to lift AED/GBP |
| 17 December 2026 | Bank of England decision | A second rise would tend to lower AED/GBP |
| 4 February 2027 | Bank of England decision and Monetary Policy Report | New UK forecasts |
AED to GBP forecast: frequently asked questions
Will the dirham rate increase against the pound?
Only if the pound falls against the US dollar. One dirham bought £0.2023 on 5 November, near the middle of its 2026 range. Our forecast to the end of 2026 is £0.1988–£0.2063 per dirham.
Is the UAE dirham fixed to the US dollar?
Yes. The dirham has been pegged at AED 3.6725 per US dollar since 1997, so its value against the pound moves exactly with GBP/USD.
How many dirhams to the pound?
On 5 November 2026 one pound bought AED 4.9429. In 2026 the rate has ranged from AED 4.8330 on 25 June to AED 5.0743 on 29 January.
What is the AED to GBP forecast for 2027?
Based on our GBP/USD range of 1.28–1.40 for 2027, one dirham could buy between about £0.1945 and £0.2127. The dirham would be at the stronger end if the Fed keeps raising while the Bank of England stops.
How long does an AED to GBP transfer take?
AED to GBP transfers usually arrive within one to two working days. The UAE is four hours ahead of the UK in winter, and the UAE weekend falls on Saturday and Sunday.
Speak to a specialist about your dirham transfer
Whether you are bringing Dubai salary home, selling UAE property or moving to the Gulf, every Cambridge Currencies transfer is handled by phone with a dedicated specialist, from the equivalent of £5,000. Get a quote for your AED to GBP transfer, or see all our currency forecasts. We work with FCA-authorised payment partners Currencycloud (FRN 900199) and ScioPay (FRN 927951), with client funds safeguarded at a credit institution in line with UK safeguarding rules. This article is general guidance, not a personal recommendation. Exchange rates can move against you as well as in your favour.
