Convert UAE Dirham to Israeli Shekel
AED to ILS Exchange Rate Calculator
Convert UAE Dirham (AED) to Israeli Shekel (ILS) at the live mid-market exchange rate, refreshed every hour from Frankfurter (European Central Bank reference data). Enter any amount below for an instant conversion — free, no sign-up required.
AED/ILS Price History
Interactive AED/ILS exchange rate chart with 7-day, 30-day, and 90-day views.
About UAE Dirham (AED)
The United Arab Emirates Dirham (AED) is the official currency of the UAE, pegged to the US Dollar at 3.6725 AED per USD since 1997. The peg makes AED effectively a proxy for USD across all cross rates, while the UAE's oil revenues fund one of the world's most active trade and financial hubs.
- •Pegged to USD at 3.6725 AED since November 1997
- •The UAE is a top-10 global oil exporter (via ADNOC)
- •Dubai International Financial Centre (DIFC) is the regional financial hub for the Middle East
- •The UAE has zero personal income tax
- •Remittances from the UAE to South Asia (India, Pakistan, Bangladesh) exceed $45 billion annually
About Israeli Shekel (ILS)
The Israeli Shekel (ILS) is the official currency used for trade and commerce. Its value against other currencies fluctuates based on market conditions.
Frequently Asked Questions
Is UAE Dirham (AED) pegged to a major currency?
Yes — UAE Dirham is pegged to the US Dollar, which means AED/ILS movements are primarily driven by the other currency. When USD rallies against a basket of currencies, AED moves with it.
What is a typical daily range for AED/ILS?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move AED/ILS the most?
The biggest scheduled catalysts are US Dollar Index moves (AED is pegged to USD) and central bank rate decisions and inflation prints. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert AED to ILS at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market AED/ILS than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the AED/ILS rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market AED/ILS rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Background on UAE Dirham, Israeli Shekel, and the forces that move AED/ILS.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers