As of September 27, 2024, the United Arab Emirates Dirham (AED) to Pakistani Rupee (PKR) exchange rate continues to fluctuate due to ongoing economic dynamics in both countries. The AED, being pegged to the US Dollar, holds its own significance in Pakistan’s foreign exchange market, particularly due to the substantial trade and remittance flows between the UAE and Pakistan. This article aims to furnish you with the latest exchange rate and offer valuable insights into the AED’s performance relative to the PKR.
Chart of AED To PKR Rate Today 27 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 AED | 84.00 | 84.50 |
Disclaimer About Today’s Rate
The AED to PKR exchange rates provided above are intended for informational purposes only. These rates are susceptible to fluctuations throughout the day. For the most precise and real-time rates, we strongly recommend consulting your local exchange service provider or bank.
Thoughts on UAE Dirham Rates
The UAE Dirham, due to its peg to the US Dollar, generally mirrors the stability of the USD. For Pakistan, the AED to PKR exchange rate holds particular importance due to the significant volume of remittances and trade between the two countries. A large Pakistani expatriate community resides in the UAE, contributing significantly to remittance inflows. The recent slight appreciation of the AED can be attributed to factors affecting the USD, such as interest rate differentials or global market sentiment.
Conclusion
As of September 27, 2024, the AED to PKR exchange rate showcases a minor appreciation of the AED, highlighting the dynamic nature of currency markets. Staying well-informed about both global and local economic indicators remains crucial, as these factors have the potential to influence future currency movements.
