AED/CAD

Market Open
9 Jun, 16:49
CA$
0. 380092
+0.000398
+0.1049%
CA$
2 Volume
CA$ 0.379694
Previous Close
Add Transaction
Day Range
0.380061 0.380071
Year Range
0.367135 0.390054
Want to track AEDCAD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

AEDCAD Overview

AEDCAD denotes the exchange rate between the United Arab Emirates Dirham and the Canadian Dollar, showing how many Canadian dollars are required to buy one dirham. It reflects the relative value of the UAE currency versus Canada’s currency in the foreign exchange market.

The United Arab Emirates Dirham (AED) is the official currency of the UAE and is used across the federation’s emirates. Banknotes and coins are issued and regulated by the Central Bank of the United Arab Emirates, which manages monetary stability and currency operations for the country.

The Canadian Dollar (CAD) serves as Canada’s national currency and is widely used in domestic and international trade. The Bank of Canada is responsible for issuing CAD and for monetary policy, aiming to maintain low and stable inflation and support sustainable economic growth.

Rates for AEDCAD are set by supply and demand in spot and derivatives markets and are influenced by interest-rate differentials, inflation trends, and central bank policy decisions. Geopolitical developments, commodity prices—particularly oil and energy—and cross-border trade flows can also shift sentiment and drive exchange-rate moves.

For traders, corporations and investors, AEDCAD provides a means to hedge currency exposure, execute speculative strategies or manage transactional risk tied to commerce between the UAE and Canada.

AEDCAD Chart

AEDCAD FAQ

What is the current AED/CAD price?

The current rate is CA$0.380092, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the AED/CAD rate changed today?

The rate has changed by +0.000398 (+0.1049%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was CA$0.379694, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is AED/CAD moving up or down?

Movements in AED/CAD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.1049%) is based on the difference between the current rate and the previous closing rate.

Is AED/CAD trending up or down right now?

If the current rate (CA$0.380092) is above the previous close (CA$0.379694), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for AED/CAD directly on this page.