πŸ‡¦πŸ‡ͺAED
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UAE Dirham to Nigerian Naira

Live AED/NGN exchange rate with CBN and parallel market comparison

CBN Official RateNFEM
₦391.50per 1 AED

Central Bank of Nigeria official rate

Parallel Market
Stable
₦426.60per 1 AED

+9.0% premium over CBN rate

Updated: Wed, 20 May 2026, 15:50

Convert AED to Naira

AED
₦426,600.00

Quick Reference

1 AED₦426.60
10 AED₦4,266.00
50 AED₦21,330.00
100 AED₦42,660.00
500 AED₦213,300.00
1000 AED₦426,600.00

AED to Naira Exchange Rate Guide

The UAE Dirham (AED) to Nigerian Naira (NGN) exchange rate is one of the most watched currency pairs in Nigeria. Whether you're receiving remittances from United Arab Emirates, importing goods, or planning international transactions, understanding the AED/NGN rate is essential.

Current AED/NGN Rate Today

As of today, 1 UAE Dirham equals approximately ₦391.50 at the CBN official rate and ₦426.60 in the parallel market. The9.0% gap between these rates reflects the forex supply constraints in Nigeria's foreign exchange market.

How to Get the Best AED to Naira Rate

To maximize the Naira you receive when converting UAE Dirham:

  • Compare rates on NairaSpot's remittance comparison tool
  • Consider digital money transfer services (Wise, WorldRemit, Yellow Card) which often offer better rates
  • Set up rate alerts to notify you when rates reach your target
  • Avoid airport and hotel Bureau de Change which typically have the worst rates

Sending AED to Nigeria

If you're in United Arab Emirates and want to send money to Nigeria, digital remittance services offer the best combination of rates and convenience. Most transfers arrive within minutes, and recipients can receive funds directly to their Nigerian bank account or mobile wallet.

Frequently Asked Questions

Frequently Asked Questions

What is the current AED to Naira exchange rate?

The current CBN official AED to NGN rate is approximately ₦391.50. The parallel market rate is around ₦426.60. Rates are updated hourly.

Why is the AED parallel market rate higher than the CBN rate?

The parallel market rate reflects actual supply and demand for UAE Dirham in Nigeria. Limited forex availability through official channels pushes buyers to the parallel market, creating a premium over the CBN rate.

What is the best way to convert AED to Naira?

For the best rates, compare digital money transfer services like Wise, WorldRemit, or Yellow Card on NairaSpot. These often offer rates close to the parallel market with lower fees than traditional banks or Bureau de Change.

How often does the AED/NGN rate change?

The CBN publishes official NFEM rates daily on business days. The parallel market rate fluctuates throughout the day based on supply and demand. NairaSpot updates rates every hour.

Can I use the CBN rate to buy AED?

The CBN official rate is primarily available for approved transactions like imports, education, and medical expenses. For personal forex purchases, most Nigerians access the parallel market or use licensed Bureau de Change, which offer rates closer to market rates.
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