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Today's exchange rate in malls please

Aberdeen, United...
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Today's exchange rate in malls please

Whatbis today's rate please in the malls? Just away to order minimal amount of currency here as rate 5.4

Thanks

Dubai, United Arab...
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for Dubai
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1. Re: Today's exchange rate in malls please

For the Sterling Pound, you could get AED 5.59 in the local exchanges today.

Aberdeen, United...
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2. Re: Today's exchange rate in malls please

Brilliant thanks

Liverpool, United...
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3. Re: Today's exchange rate in malls please

Is that a good rate??

Aberdeen, United...
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4. Re: Today's exchange rate in malls please

better than UK but had much better previously

Here and there
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for Dubai, Pissouri
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5. Re: Today's exchange rate in malls please

The rate in Dubai is always better than the rate in the UK at any given time.

The pound is weakening against the dollar at the moment and because the dirham is pegged to the dollar that is always a good indicator to watch - if the pound goes down against the dollar then you get less dirham for your £ and vice versa.

As to the general question concerning whether 5.59 is a good or bad rate. Over the last 11 years it has fluctuated - when I first went to Dubai in 2001 the rate was 5.2 to the £, in the heady days before the bank crashes in 2008 then you would get 7.5 to the £. This time last year it was 5.9 to the £ and now it's 5.59.

Just like most exchange rates currency goes up and down

So to sum up; it's not as bad as it has been but it's not as good as it once was, however, it's worse now than it was a year ago and in a months time it may be better than it is now.

Oh for a crystal ball !

scotland
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61 posts
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6. Re: Today's exchange rate in malls please

we got 5.8 on Tues 10 July at Dubai Mall...

London
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7. Re: Today's exchange rate in malls please

Do you have to pay commision also if you change money in Dubai? Today I can get 5.59 in London and am only taking a small amount as will not need much spending money so not sure if its worth the hassle? I will need some cash to pay for the taxi when I get to Dubai also.

Dubai
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8. Re: Today's exchange rate in malls please

You will always pay commission , in some places it will be charged separately and in other places it will be included in the spread. IE some will sell at 5.60 and cahrge commission , some will sell at 5.50 and not charge commission

Dubai, United Arab...
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9. Re: Today's exchange rate in malls please

For changing cash at the counter in any money exchange, there is no extra commission charged - it is already built in the exchange rate you get there. If it is not a big amount why you worry about the exchange rates? One suggestion is avoid changing at airports, or banks, obviously they always pay less than outside exchange houses.

Aberdeen, United...
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10. Re: Today's exchange rate in malls please

Got 5.63 today