As of 22 September 2024, the United Arab Emirates Dirham (AED) to Pakistani Rupee (PKR) exchange rate is subject to fluctuations due to ongoing economic dynamics in both countries. The AED is of substantial importance in Pakistan’s foreign exchange market, particularly due to the significant number of Pakistani expatriates working in the UAE. This article aims to furnish you with the current exchange rate and insights into the AED’s performance in the international and local markets.
Chart of AED to PKR Rate Today 22 September 2024
Currency | Buying Rate (PKR) | Selling Rate (PKR) |
---|---|---|
1 AED | 84.50 | 85.00 |
Disclaimer About Today’s Rate
Please note that the AED to PKR exchange rates provided above are for informational purposes only. These rates can change throughout the day. For the most precise and current rates, it is advisable to contact your bank or a local exchange service provider.
Thoughts on UAE Dirham Rates
Much like the Saudi Riyal, the UAE Dirham is recognized as a stable currency globally, largely due to the UAE’s robust oil-based economy and its strategic position as a major trade and financial hub. The substantial Pakistani workforce in the UAE sends a significant portion of their earnings back home, making the AED to PKR exchange rate crucial for Pakistan’s foreign reserves and overall economic stability. In the context of current global economic conditions, the Dirham is exhibiting stability against the Rupee, acting as a dependable source of foreign exchange for Pakistan.
Other Countries’ Rates (22 September 2024)
Country | Currency | Rate (PKR) |
---|---|---|
USA | 1 USD | 306.00 |
Saudi Arabia | 1 SAR | 80.50 |
UK | 1 GBP | 391.00 |
Eurozone | 1 EUR | 332.00 |
Canada | 1 CAD | 224.50 |
Australia | 1 AUD | 197.00 |
Japan | 1 JPY | 2.10 |
Qatar | 1 QAR | 84.00 |
Kuwait | 1 KWD | 995.00 |
Oman | 1 OMR | 795.00 |
Conclusion
As of 22 September 2024, the AED to PKR exchange rate is indicative of the prevailing economic relationship between Pakistan and the UAE. Even though rates may fluctuate during the day, the overall trend suggests a relatively stable exchange scenario. It’s crucial to stay updated on global market factors and local economic indicators as they can influence future currency movements.