@ Oceanic
I approached a currency traders & he quoted me £1 to AED 7.37 now and if i buy a 'future contract' (oct 2009) then guaranteed rate would be £1 to AED 7.15.
@ michael.e
Early payments would not give me any advantage, if anything i could lose potential interest on the early payments.
@ Wizofoz
Well at least you agree that reevaluation will make the AED stronger against $/£. But the crystal ball suggest that you can minimize your potential loss by buying a 'future contract' now? What do you think?