As of 18 September 2024, the UAE Dirham (AED) to Pakistani Rupee (PKR) exchange rate continues to be influenced by the dynamic economic conditions in both countries. The UAE Dirham holds significant importance in Pakistan’s foreign exchange market due to the substantial Pakistani workforce residing in the UAE. This article offers insights into today’s AED to PKR rate, along with an overview of the Dirham’s performance in the international and local markets.
Chart of AED To PKR Rate Today 18 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 AED | 89.80 (hypothetical) | 90.30 (hypothetical) |
Disclaimer About Today’s Rate
Please note that the AED to PKR exchange rates listed above are estimations based on market trends and can vary during the day. It’s advisable to reach out to your local exchange service or bank for the most precise and up-to-date rates.
Thoughts on Dirham Rates
The UAE Dirham, pegged to the US Dollar, generally exhibits stability due to the UAE’s strong economy. However, fluctuations can occur in response to global economic shifts, oil prices, and the policies of the UAE Central Bank. For Pakistan, remittances from the UAE constitute a vital source of foreign exchange. Thus, the AED to PKR exchange rate significantly impacts Pakistan’s economy and the financial well-being of many families.
Other Countries’ Rates (18 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 305.50 |
| Saudi Arabia | 1 SAR | 80.70 |
| UK | 1 GBP | 390.00 |
| Eurozone | 1 EUR | 331.00 |
| Canada | 1 CAD | 224.00 |
| Australia | 1 AUD | 197.00 |
| Japan | 1 JPY | 2.06 |
| Qatar | 1 QAR | 83.80 |
| Kuwait | 1 KWD | 995.00 |
| Oman | 1 OMR | 795.00 |
Conclusion
The AED to PKR exchange rate on 18 September 2024 reflects the current economic interplay between the UAE and Pakistan. While the rates can fluctuate throughout the day, the general trend suggests a relatively stable exchange relationship, largely due to the Dirham’s peg to the US Dollar. It is always advisable to stay informed about global and local economic factors that could influence future currency movements.
