The exchange rate between the UAE Dirham (AED) and the Pakistani Rupee (PKR) holds significant importance for trade, remittances, and investments between the two countries. As of September 14, 2024, the AED to PKR rate is expected to be influenced by global economic trends, oil prices, and the policies of both the UAE and Pakistani central banks.
Chart of AED To PKR Rate Today 14 September 2024
| Market | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| Interbank | 89.00 | 90.00 |
| Open Market | 87.50 | 91.50 |
Disclaimer:
- The rates shown above are estimations and can fluctuate depending on the specific bank or exchange service you choose.
- It’s advisable to confirm the live rates with your financial institution before conducting any transactions.
Thoughts on Dirham Rates
The AED/PKR exchange rate plays a crucial role in the lives of Pakistani expatriates in the UAE, who send remittances back home. A stronger Dirham means their remittances have greater purchasing power in Pakistan. Additionally, the rate impacts businesses engaged in trade between the two countries. The State Bank of Pakistan closely monitors these fluctuations and may intervene to maintain stability.
Other Top 10 Currencies Rate (September 13, 2024)
| Country | Currency | 1 AED = |
|---|---|---|
| United States | US Dollar (USD) | 0.27 |
| European Union | Euro (EUR) | 0.24 |
| United Kingdom | Pound Sterling (GBP) | 0.21 |
| Japan | Japanese Yen (JPY) | 39.29 |
| China | Chinese Yuan (CNY) | 1.97 |
| India | Indian Rupee (INR) | 22.45 |
| Canada | Canadian Dollar (CAD) | 0.37 |
| Australia | Australian Dollar (AUD) | 0.42 |
| Switzerland | Swiss Franc (CHF) | 0.24 |
| South Korea | South Korean Won (KRW) | 355.12 |
Conclusion
The AED to PKR exchange rate is a vital economic link between the UAE and Pakistan. It affects various aspects of both economies, from remittances and trade to investments and tourism. While predicting the exact rate on September 14th is impossible, staying informed about its fluctuations and understanding the underlying factors can empower individuals and businesses to make informed financial decisions.
