As of 20 September 2024, the UAE Dirham (AED) to Pakistani Rupee (PKR) exchange rate is under the spotlight due to the ever-evolving economic landscape of both countries. The UAE Dirham, closely linked to the US Dollar, holds a significant position in Pakistan’s foreign exchange market, primarily driven by robust trade relations and a considerable Pakistani diaspora in the UAE. This article provides an up-to-date exchange rate along with insights into the UAE Dirham’s performance in both international and local markets.
Chart of AED to PKR Rate Today 20 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 AED | 84.50 | 85.00 |
Disclaimer About Today’s Rate
The AED to PKR exchange rates provided above are for informational purposes only and are subject to fluctuations throughout the day. For the most accurate and current rates, please consult your local exchange service provider or bank.
Thoughts on UAE Dirham Rates
The UAE Dirham, pegged to the US Dollar, enjoys remarkable stability in the global currency market, largely attributed to the UAE’s robust and diversified economy. For Pakistan, the UAE serves as a major source of remittances and foreign investment. Consequently, the AED to PKR exchange rate carries substantial weight in Pakistan’s foreign reserves and the overall economic health of the nation. Given the prevailing global economic conditions, the Dirham continues to demonstrate stability against the Rupee, offering a reliable source of foreign exchange.
Other Countries’ Rates (20 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 306.00 |
| Saudi Arabia | 1 SAR | 81.00 |
| UK | 1 GBP | 391.00 |
| Eurozone | 1 EUR | 332.00 |
| Canada | 1 CAD | 225.00 |
| Australia | 1 AUD | 198.00 |
| Japan | 1 JPY | 2.10 |
| Qatar | 1 QAR | 84.00 |
| Kuwait | 1 KWD | 995.00 |
| Oman | 1 OMR | 797.00 |
Conclusion
As of 20 September 2024, the AED to PKR exchange rate reflects the current economic dynamics between Pakistan and the UAE. While rates can fluctuate during the day, the overall trend indicates a relatively stable exchange relationship. It is advisable to stay informed about global market factors and local economic indicators as they can influence future currency movements.
