The live UAE-dirham-to-Canadian-dollar rate, updated every minute. Book AED→CAD with SummitFX on WhatsApp — we accept incoming AED via SWIFT and settle CAD via SWIFT to your Canadian recipient bank.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a AED amount to see what you'd get in CAD, or enter a target CAD amount to see how many UAE dirhams you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.5–0.9% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
AED/CAD is the mirror of CAD/AED — read from the UAE side. Because AED is pegged to USD at 3.6725, the pair effectively moves on USD/CAD dynamics. BoC versus Federal Reserve policy, oil prices, US economic data, and global risk sentiment dominate. The Central Bank of the UAE maintains the peg through monetary policy alignment with the Fed, meaning UAE rates effectively track US rates and AED movements against CAD reflect USD/CAD movements.
USD peg at 3.6725: The UAE dirham has been pegged to USD at 3.6725 since 1997. This peg is the single most important factor in any AED cross — AED moves whenever USD moves. The Central Bank of the UAE defends the peg through FX reserves and monetary policy.
Federal Reserve policy (via CBUAE): Because the CBUAE maintains the USD peg, UAE rates effectively track Fed rates. Fed rate decisions, FOMC statements, and the quarterly dot plot all directly affect AED rates and the dirham's USD-derived movements against CAD.
Oil prices and Abu Dhabi sovereign capital: The UAE is a major oil exporter, with Abu Dhabi as the dominant oil emirate. Long-term oil price moves affect CBUAE reserves and ADIA/Mubadala investment activity, though short-term AED movements track USD regardless.
UAE non-oil economic dynamics: Dubai's role as a global financial, trade, and tourism hub generates significant non-oil capital flows. The UAE has actively diversified away from oil dependency. Property markets, tourism flows, and re-export activity through Jebel Ali all contribute to underlying capital dynamics.
Sovereign and private investment outflows: ADIA, Mubadala, ADQ, and Dubai's investment vehicles deploy capital globally — including Canadian asset positions. Private UAE high-net-worth investors also generate significant outbound AED flow. These movements affect AED/USD trading dynamics within the peg band.
Bank of Canada policy: The BoC sets Canadian interest rates and meets eight times a year. The cash rate is the dominant CAD driver. The BoC-Fed policy gap drives AED/CAD because AED tracks USD.
Oil prices: Canada is a major oil producer; oil exports are a meaningful share of national GDP. Rising oil prices typically support CAD; falling oil weighs on it. Oil affects both UAE and Canadian economies, though the AED peg insulates AED from short-term oil moves while CAD is directly exposed.
US data and Fed policy: Around 75% of Canadian exports go to the US, so Canadian growth is closely linked to US demand. US non-farm payrolls and CPI prints often move CAD as much as Canadian-specific data.
Canadian housing market: Canadian housing is a meaningful macro variable, affecting both consumer wealth and BoC's financial stability concerns. Major housing-sector developments can move the loonie.
Risk sentiment: CAD is moderately risk-on. In stress episodes capital flees to USD safe-haven status — pushing AED/CAD higher because AED tracks USD and CAD weakens on oil and risk-off.
The UAE and Canada share a substantial economic relationship driven by trade, expat employment, and institutional investment flows. Bilateral trade is worth around C$3 billion annually. Beyond trade, the corridor carries flow from a substantial Canadian expat community in the UAE generating ongoing repatriation flow, plus property purchases (Dubai is a destination for Canadian buyers, particularly diaspora communities with UAE ties). UAE sovereign capital (ADIA, Mubadala) holds Canadian asset positions including TSX-listed equities and infrastructure.
AED→CAD settles via SWIFT through our Canadian correspondent network. Since the UAE working-week shift in 2022, both UAE and Canadian banking weeks run Mon-Fri, simplifying corridor timing significantly compared to GCC peers like Saudi Arabia.
Three things most commonly cause AED→CAD transfers to miss same-day settlement:
Late AED arrival in UK time. Our cutoff is 14:00 UK time for same-day CAD settlement. AED wires sent from UAE in the morning typically arrive in the UK before our cutoff (UAE morning is UK morning given the 3-hour gap). Late afternoon Dubai bookings often miss it.
Intermediary bank holds. SWIFT wires from UAE banks to Canada typically route through European correspondent banks, adding processing time. Standard delays are minor; longer holds can occur for larger amounts requiring AML review.
UAE or Canadian holidays. If Canadian banks are closed (Canada Day, Thanksgiving in October, Family Day, Victoria Day), CAD wires won't post. UAE Islamic holidays (Eid al-Fitr, Eid al-Adha) plus secular holidays (UAE National Day on 2 December) close UAE banks. Plan around both calendars when settlement timing is critical.
For business-related CAD receipts and large personal transfers, we recommend coordinating with the UAE sender to initiate the wire early in the UAE business day. Forward contracts work well for ongoing repatriation arrangements such as monthly expat salary conversions, quarterly business receipts, or scheduled Canadian obligation payments.
AED/CAD is the corridor for UAE residents and businesses with meaningful CAD obligations, plus Canada-bound flows from Canadian expats, UAE investors in Canadian assets, and UAE entities with Canadian operations. Common use cases:
Canadian professionals working in UAE (banking, oil, real estate, healthcare, consultancy, education) regularly repatriating AED savings to CAD. Dubai hosts one of the largest Canadian expat communities in the GCC. Standing arrangements smooth out the rate exposure across multiple monthly transfers; forward contracts work for known end-of-contract repatriation amounts.
ADIA, Mubadala, ADQ, and Dubai's investment vehicles deploying capital into Canadian assets — TSX-listed equities, infrastructure, blue-chip credit. While dominated by institutional desks, individual UAE high-net-worth investors also use this corridor for Canadian asset diversification.
UAE buyers — both private and institutional — purchasing Canadian property in Toronto, Vancouver, Montreal, and Calgary. Forward contracts protect deal economics from currency moves during the typical 4-8 week conveyancing window.
UAE entities paying Canadian consultancies, mining services firms, engineering firms, and educational institutions in CAD. Canadian expertise in mining infrastructure, water management, and education is regularly engaged on UAE projects.
UAE residents (both Canadian expat families and UAE nationals) with children at Canadian boarding schools, universities, or living in Canada. Predictable termly payment schedules suit forwards or rate alerts.
UAE residents drawing Canadian pension income, receiving Canadian rental income, or holding TSX-listed investments converting CAD receipts to AED for local living costs. Reverse-direction conversions are also common.
You can convert UAE dirhams to Canadian dollars through your bank, through a transfer app, or through a broker. AED is one of the more actively-traded GCC currencies given Dubai's hub status, but bank markups remain wide for retail customers — making broker access valuable.
Everything clients typically ask about sending UAE dirhams to Canadian dollars. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
Because the UAE dirham is pegged to the US dollar at 3.6725 AED per USD, a peg that has held since 1997. This means AED moves whenever USD moves. So AED/CAD effectively reflects USD/CAD dynamics — oil prices, US data, BoC versus Fed policy, and global risk sentiment dominate the pair.
We never forecast — but the chart above puts today's rate in context. Because AED tracks USD, the question is really about USD/CAD direction. Rate alerts let you set a target level and wait passively rather than guessing on macro.
UAE and Canadian banks typically mark up AED/CAD by 2–4% for retail customers. SummitFX spreads are 0.5–0.9% depending on size. On a AED 2,000,000 Canadian property deposit (~C$740,000), the saving versus a bank can run from C$15,000 to C$30,000 — meaningful on top of property closing costs.
If your AED arrives with us by 14:00 UK time on a UK business day, we settle the CAD the same day. SWIFT delivery to Canadian recipient banks typically takes a few hours. Send your AED wire in the UAE morning to give the best chance of same-day Canadian settlement. Both UAE and Canadian banking weeks run Mon-Fri since the 2022 UAE shift, simplifying timing.
Yes. Canadian conveyancing typically runs 4-8 weeks during which AED/CAD can move several percent (because USD/CAD can move several percent on oil price or risk sentiment shifts). A forward contract fixes today's rate for delivery on completion day. You pay a deposit (5–10% of the trade) upfront and settle the balance at completion.
No hard minimum — we handle trades from AED 2,000 to AED 20m+. Below around AED 25,000 (~C$9,500) the spread widens slightly to cover fixed execution costs. For recurring smaller payments to Canadian family or for repatriation, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.6–0.9%, SummitFX 0.5–0.9% — with our clients also getting a named dealer and WhatsApp access.
Yes — and positively. In January 2022 the UAE shifted from a Sun-Thu working week to Mon-Fri. This removed the previous calendar mismatch with Canada, meaning AED-CAD transfers now follow the same Mon-Fri settlement pattern as most major corridors. The timing alignment with Canada is now essentially seamless — UAE morning is European morning is Canadian morning, all within standard banking days.
Message us on WhatsApp and we'll have a live executable rate back in seconds.