As of September 24, 2024, the United Arab Emirates Dirham (AED) to Pakistani Rupee (PKR) exchange rate continues to fluctuate due to the ongoing economic dynamics in both countries. The AED holds considerable importance in Pakistan’s foreign exchange market, particularly due to the substantial Pakistani workforce residing in the UAE. This article presents the latest exchange rate alongside insights into the AED’s performance in the international and local markets.
Chart of AED To PKR Rate Today 24 September 2024
Currency | Buying Rate (PKR) | Selling Rate (PKR) |
---|---|---|
1 AED | 83.25 | 83.75 |
Disclaimer About Today’s Rate
Kindly note that the AED to PKR exchange rates displayed above are meant for informational purposes only and are prone to change throughout the day. For the most precise and current rates, we strongly recommend consulting your local exchange service provider or bank.
Thoughts on UAE Dirham Rates
The UAE Dirham, similar to the Saudi Riyal, enjoys a reputation for stability, anchored by the UAE’s robust economy fueled by oil revenues and a thriving diversified sector. For Pakistan, remittances from the UAE constitute a significant portion of its foreign exchange earnings. Consequently, the AED to PKR exchange rate holds considerable influence over Pakistan’s foreign reserves and broader economic health. Amidst the current global economic climate, the Dirham is exhibiting stability against the Rupee, acting as a dependable source of foreign currency.
Conclusion
As of September 24, 2024, the AED to PKR exchange rate serves as a barometer of the current economic relationship between Pakistan and the UAE. While the rates can vary throughout the day, the general trend suggests a relatively stable exchange dynamic. It’s advisable to keep a vigilant eye on both global market factors and local economic indicators as these have the potential to sway future currency fluctuations.