EUR/AED Exchange Rate Today, Forecast & News

EUR/AED
Euro - UAE Dirham
Closed
3.97940+0.00090 (+0.02%)
As of: May 31, 2024 21:00 UTC
Open
3.97820
High
3.99600
Low
3.97110

Stats

Prev. Close

3.97850

Open

3.97820

Day's Range

3.97110 - 3.99600

52 Week Range

3.80765 - 4.17445

YTD Change

-2.11%

1 Year Change

1.33%

Economic CalendarAll Events

Time zone: GMT

Friday, May 31st 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
09:00	EUR	Inflation Rate YoY PrelMay	High	0.8%	0.8%	0.8%
09:00	EUR	Core Inflation Rate YoY FlashMay	Medium	2.9%	2.8%	2.7%
09:00	EUR	Inflation Rate MoM PrelMay	Medium	0.2%	0.2%	0.1%
09:00	EUR	Inflation Rate YoY FlashMay	High	2.6%	2.5%	2.4%

Monday, June 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
07:15	EUR	HCOB Manufacturing PMIMay	Medium		52.5	52.2
07:45	EUR	HCOB Manufacturing PMIMay	Medium		48	47.3
07:50	EUR	HCOB Manufacturing PMI FinalMay	Medium		46.7	45.3

EUR/AED

The EUR/AED pairing, bridging the Euro and the UAE Dirham, elucidates the bond between the economic powerhouse of the Eurozone and the vibrant economic hubs of the United Arab Emirates. This relationship delves deep into the dynamics between the broad European coalition and the UAE, renowned for its oil wealth and rising stature as a global financial center. While the Euro acts as a beacon of European unity and collective strength, the Dirham mirrors the opulence, visionary infrastructure projects, and dynamic trade hubs of cities like Dubai and Abu Dhabi. This pairing might not always be in the spotlight, but it presents an interesting intersection of European depth and Middle Eastern promise.

	United Arab Emirates		Euro Area
Interest Rate	5.4% Apr 24		4.5% Apr 24
Inflation Rate	3.36% Feb 24		2.6% May 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	Aa2Stable	AAStable	N/A	N/A

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Currencies

EUR/AED

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