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AEDNigerian Naira

Live AED to NGN Exchange Rate Today

Current UAE Dirham to Nigerian Naira conversion rate with real-time updates

Current Rate: 1 AED = 391.48330409 NGN. The AED to NGN exchange rate represents the value of one UAE Dirham in Nigerian Naira. This mid-market rate updates hourly and serves as a reference for currency conversions between UAE and Naira.

1 AED = 391.48330409 NGN
-0.28%today
Compare Transfer Rates
🏛️ CBUAE Licensed Providers

Last updated: 45 minutes ago • Mid-market reference rate • Next update in 15 minutes

⚠️ Reference Rate Only: This is the mid-market reference rate. Money transfer providers add markup. Actual rates vary by provider, payment method, and amount. Always compare live quotes from CBUAE licensed providers.

30-Day High

394.1675 NGN

30-Day Low

389.9416 NGN

Average Rate

391.6249 NGN

Volatility

0.22%

AED to NGN Rate History

📊 Rate Chart - 30d
Loading Chart Data...
Fetching live rate data from exchange rate API

Interactive chart showing AED to NGN trends over 30d

Exchange Rates Across UAE Emirates

Dubai Currency Exchange

Best AED to NGN rates in Dubai from licensed exchange houses in Bur Dubai, Karama, and Deira markets.

Abu Dhabi Exchange Rates

Compare AED to NGN rates from Abu Dhabi banks and authorized exchange centers.

Sharjah Money Exchange

Competitive Dirham to Nigerian Naira rates from Sharjah's established currency exchange market.

Northern Emirates

AED to NGN exchange services available in Ajman, Ras Al Khaimah, and Fujairah.

How to Transfer UAE Dirham to Nigerian Naira

💻 Online Money Transfer

Send AED to Nigerian Naira through digital platforms with competitive exchange rates and low fees. Popular for convenience and speed.

  • • Best rates compared to traditional banks
  • • 24/7 online service availability
  • • Fast transfer completion

🏪 Exchange Houses

Licensed currency exchange centers across Dubai, Abu Dhabi, and Sharjah offering AED to NGN conversion.

  • • Immediate cash transactions
  • • Established market presence
  • • Multiple UAE locations

🏦 Bank Transfers

Traditional AED to NGN transfers through UAE banks with secure, regulated service.

  • • High security and regulation
  • • Established banking relationships
  • • Large transfer amounts supported

Best Sources for Competitive Exchange Rates

🏪 Exchange Houses

Often provide competitive AED to NGN rates with instant service. Best for moderate amounts and quick transactions.

💻 Online Platforms

Typically offer better rates than banks for AED to NGN transfers, with transparent fee structures.

🏦 Traditional Banks

Secure AED to NGN transfers with established reputation, though rates may be less competitive.

⏰ Timing Strategy

Best AED to NGN rates typically available Tuesday-Thursday, 9 AM - 2 PM UAE time when both markets are active.

Factors Affecting the AED/NGN Rate

🇦🇪 UAE Dirham Factors

  • Oil prices and energy exports
  • UAE Central Bank monetary policy
  • Dubai's trade hub activity
  • Foreign investment flows
  • Regional economic stability

🇳🇬 Nigerian Naira Factors

  • Central Bank of Nigeria policy decisions
  • Oil production and export revenues
  • Foreign exchange market reforms
  • Inflation trends and economic diversification
  • Political stability and security situation

🌍 Global Market Factors

  • US Dollar strength/weakness
  • Global oil price fluctuations
  • West African regional developments
  • International investment flows to Africa
  • Global commodity market trends

💱 Reference Calculator

Mid-market rate calculator for reference

=
Mid-market rate: 1 AED = 391.48330409 NGN
Transfer rates vary by provider

⏰ Best Transfer Times

Best Hours:
9:00 AM - 2:00 PM UAE time
Best Days:
Tuesday to Thursday
Strategy:
Volatile currency tied to oil prices - monitor energy markets

🎯 Transfer Planning

Compare live transfer rates and fees

Compare All Providers
✓ CBUAE Licensed Providers Only

Frequently Asked Questions

What is the current AED to NGN exchange rate?

The current live rate is displayed above and updated hourly from financial data providers. Our platform shows real-time mid-market rates sourced from global financial markets.

What rate can I get in Dubai?

Rates in Dubai vary by exchange house, typically ranging around the current mid-market rate shown above. Licensed exchange houses in Bur Dubai and Karama offer competitive rates with small spreads from the reference rate.

How can I get the best exchange rate?

To secure the best rate, follow these tips:

  • Compare rates from multiple CBUAE licensed providers
  • Transfer during optimal hours (9 AM - 2 PM UAE time)
  • Avoid weekends and holidays when liquidity is lower
  • Consider timing your transfer when the rate trends favorably

Why does the AED/NGN rate fluctuate?

Exchange rates fluctuate due to multiple factors:

  • UAE's oil exports and energy sector performance
  • Naira's economic indicators
  • Central bank monetary policies
  • Global market sentiment affecting both currencies

What factors influence this rate?

  • UAE's oil exports and economic diversification
  • Naira's trade balance and growth prospects
  • Both countries' central bank policies
  • Foreign investment flows
  • Global economic conditions

How frequently do exchange rates update?

Mid-market rates update hourly on our platform, reflecting real-time market movements. Actual transfer rates from providers may change multiple times daily based on market volatility and provider pricing strategies.

Seasonal Rate Patterns

Oil Production Cycles: OPEC decisions and output levels

Economic Reform Periods: CBN policy implementation

Agricultural Seasons: Export crop revenues

Festive Periods: Christmas and New Year spending

Rainy Seasons: Agricultural productivity impacts

Political Cycles: Election and governance patterns

Ready to Transfer Money?

Compare live rates and fees from CBUAE licensed providers including banks, exchange houses, and online services for the best transfer option.

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✓ Banks, exchange houses & online services available
Mid-market rates updated every hour • Transfer rates vary by provider and amount

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