Al Ansari Rate Calculator
Indian Rupee (INR)
Philippine Peso (PHP)
Pakistani Rupee (PKR)
Bangladeshi Taka (BDT)
Egyptian Pound (EGP)
Sri Lankan Rupee (LKR)
Nepalese Rupee (NPR)
US Dollar (USD)
Euro (EUR)
British Pound (GBP)
Recipient Gets:
0.00
Transfer Fee:
0.00 AED
VAT (5%):
0.00 AED
Total Amount You Pay:
0.00 AED
Note: Exchange rates fluctuate constantly. The default rates shown are indicative estimates. Please enter the exact live rate if available. Fees may vary based on the specific service type (Cash Express, Bank Transfer, etc.).
About Al Ansari Exchange Rates
Al Ansari Exchange is one of the leading remittance and foreign exchange service providers in the United Arab Emirates. Whether you are an expatriate sending money home to India, the Philippines, Pakistan, or managing international business payments, understanding the exchange rate is crucial for maximizing the value of your transfer.
Our Al Ansari Rate Calculator helps you estimate the final amount your beneficiary will receive and the total cost you will incur in AED. By inputting the amount you wish to transfer and the current exchange rate, you can quickly see the breakdown of fees and VAT.
How to Use This Calculator
Using the tool is straightforward and designed for residents in the UAE:
- Select Currency: Choose the destination currency (e.g., INR, PHP, PKR) from the dropdown menu. This will auto-fill an estimated indicative rate.
- Enter Amount: Input the amount in UAE Dirhams (AED) you wish to send.
- Adjust Rate: If you have a specific quoted rate from a branch or the mobile app, update the "Exchange Rate" field for precision.
- Check Fees: The calculator defaults to a standard transaction fee (e.g., 21 AED), but you can adjust this if your specific transfer method has a different fee structure.
- Calculate: Click the button to see exactly how much foreign currency the recipient will get and your total payable amount in AED including VAT.
Understanding Remittance Costs in UAE
When sending money from the UAE through exchange houses like Al Ansari, the total cost is composed of three parts:
- The Principal Amount: The actual money you want to convert.
- The Exchange Rate margin: The difference between the interbank market rate and the rate offered to customers. A higher rate means more money for your recipient.
- Service Fees & VAT: A fixed fee charged per transaction. In the UAE, a 5% Value Added Tax (VAT) is applied specifically to this service fee, not to the remittance amount itself.
What is the best time to send money?
Exchange rates change every second during market hours. Generally, monitoring trends for your specific currency pair (AED to INR, AED to PHP) is recommended. Many users prefer sending money mid-week, though rates depend heavily on global economic factors.
Does Al Ansari charge VAT on the remittance amount?
No. In the UAE, VAT is only charged on the service fee (commission), not on the money being remitted. For example, if the fee is 20 AED, the VAT is 1 AED (5% of 20), making the total fee 21 AED.
Why is the online rate different from the branch rate?
Exchange houses often offer slightly better rates for transactions done via their mobile apps to encourage digital adoption. It is always worth checking both the app rate and the branch rate before making a large transfer.