What is the mid-market exchange rate?

The mid-market rate is the midpoint between the buy and sell prices of a currency on the global wholesale market. It is the rate banks use to trade with each other and the fairest reference rate available. Banks and remittance providers add a markup on top before quoting you a rate.

Will I actually get this rate when I send money?

Almost never. Retail providers add a markup of typically 0.5%–4% to the mid-market rate, plus a fixed fee. The converter shows the benchmark — use the remittance calculator to see what each provider actually pays after fees and markup.

How often is the rate updated?

Rates refresh every 60 seconds from the open.er-api.com data feed and are cached server-side. Pair pages bake the latest rate into the initial HTML so the value is correct from the first paint.

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Currency Converter

Convert between 100+ currencies at the live mid-market rate — the fair benchmark before any provider markup.

FromAmount

Converted

25,731.71 INR

1 AED = 25.7317 INR· updated May 09, 09:45 PM UTC

Mid-market rate. Providers add a markup.

This converter uses the mid-market exchange rate — the midpoint between buy and sell prices on the wholesale market. Real providers add a markup of roughly 0.5%–4% plus fees. To see what each provider actually pays after costs, use the remittance calculator. For a deeper AED/INR breakdown, see the AED to INR exchange rate page.

Popular conversions

AED → INR USD → INR GBP → INR EUR → INR AED → PHP AED → PKR AED → BDT AED → EGP AED → LKR AED → NPR USD → PHP USD → MXN EUR → USD GBP → EUR

How the MoneyWiki currency converter works

Our currency converter pulls live mid-market exchange rates every minute from a wholesale FX data feed and bakes the result into the page on the server, so the rate you see on first paint is the rate you can act on. It supports more than 100 ISO 4217 currencies, from major pairs like EUR/USD and GBP/USD all the way to remittance corridors like AED→INR, USD→PHP, and GBP→PKR.

Every conversion uses the mid-market rate — the midpoint between the buy and sell prices that banks quote each other on the interbank market. It is the cleanest, most neutral reference rate available, and it is the only rate worth comparing providers against. When a bank or remittance app gives you a rate that differs from the mid-market by more than the going markup, you are losing money in the spread.

Mid-market rate vs. the rate you actually get

Almost no consumer ever transacts at the true mid-market rate. Retail providers add a markup — usually between 0.3% (Wise, Revolut) and 3–4% (high-street banks, exchange houses) — and may also charge a fixed fee. On a £1,000 transfer to India, a 2% markup costs ₹2,100 more than a 0.4% markup. That is real money, and it is invisible unless you compare against the mid-market benchmark.

Use this converter to anchor your expectations, then run the same pair through the remittance calculator to see exactly what each provider pays out after their markup and fees. The provider with the best advertised rate is rarely the cheapest once the maths is done.

Which currencies are supported?

All ISO 4217 currency codes published by the upstream FX data feed are supported, including the GCC currencies (AED, SAR, QAR, KWD, OMR, BHD), major reserve currencies (USD, EUR, GBP, JPY, CHF), South Asian currencies (INR, PKR, BDT, LKR, NPR), Southeast Asian currencies (PHP, MYR, IDR, THB, VND), African currencies (NGN, KES, GHS, EGP, ZAR), and Latin American currencies (MXN, BRL, ARS, COP). Crypto pairs and precious metals are not supported.

How fresh are the rates?

Rates refresh every 60 seconds from the upstream feed and are cached server-side to keep page loads fast. Pair pages such as AED to INR or USD to PHP SSR the latest cached rate into the initial HTML, so search engines and users see a real number, not a placeholder.