Methodology

How currency.ae works

Everything here reflects exactly what the site does. Where a number carries a caveat, we state it.

Where the rates come from

Live rates are sourced from fastForex, a foreign-exchange data provider, and are mid-market rates — the midpoint of the interbank buy/sell price. This is a reference rate: it is not the price a bank or exchange will give you, which includes their margin.

Updated every 60 seconds

We fetch fresh rates and cache them at the edge for 60 seconds, so everyone who visits within the same minute sees the exact same numbers. The "updated X seconds ago" indicator counts from when we received the data.

How any pair is calculated

We hold every rate as "units per 1 US dollar" and derive any pair by a single division. The dirham is not treated specially — AED is one currency among many, and USD is only the common anchor the maths pivots on. So AED→EUR, GBP→INR, or any other pair is computed the same, honest way.

The 1-day change

The green/red change figure compares the current rate to the previous trading session's close. Because FX markets are shut on weekends and holidays, "yesterday" is often frozen — so we look back over recent days and use the most recent session that actually moved. It's an honest "vs previous close", not a fabricated daily wiggle.

History & the timing verdict

Each pair's chart shows about one year of daily closing rates, with the live "now" point appended from the 60-second feed. Above it, a one-line verdict describes the selected range (7 days, 30 days, or 1 year) in plain language, by these rules:

• Held steady / pegged — the rate barely moved across the window.
• Little changed this week — a quiet 7-day window with no meaningful net move (we won't dress up noise as a trend).
• At its strongest / weakest — the rate currently sits at the high or low of the window.
• Up / down X% — a genuine move, stated as a plain percentage.

The chart's vertical scale never exaggerates: a change under about half a percent renders as a near-flat line, so the picture always agrees with the words.

Honest disclosures

These are the caveats we make in the product, gathered in one place:

• Gold is a tokenized proxy, not official spot. Our gold figure comes from PAXG (Pax Gold) — a token redeemable 1:1 for a troy ounce of LBMA-certified gold — quoted against USDT (≈ USD). We label it as tokenized gold and show it under its own code, PAXG. We never present it as official XAU spot.
• No history for gold or crypto. Our plan provides daily history for currencies only, so gold, Bitcoin, and Ethereum show a live price but no chart; the history section says so rather than showing an empty frame.
• Pegged pairs are shown as fixed. Where two currencies are pegged (for example the dirham to the US dollar, or two Gulf currencies that both peg to the dollar), we label the rate as effectively fixed and explain it, instead of implying a live market movement.
• Reference rate, not a transaction rate. Everything here is for information. Rates are not an offer to transact and will differ from what a bank or exchange quotes. See Terms.

Have a correction? [email protected].