The exchange rate between the UAE Dirham (AED) and the Pakistani Rupee (PKR) is of significant interest to many individuals and businesses in both countries. Whether you’re a Pakistani expat working in the UAE sending money home, a UAE resident planning a trip to Pakistan, or involved in cross-border trade, understanding the Dirham to PKR rate is essential.
Current Dirham to PKR Exchange Rate
As of 15 October 2024, the AED to PKR exchange rate is approximately 81.50. This means that one UAE Dirham can buy around 81.50 Pakistani Rupees. However, it’s crucial to remember that exchange rates are dynamic and can fluctuate throughout the day, even within minutes, influenced by various market factors.
Chart: UAE Dirham to PKR Rate Today 15 October 2024
| Date | Rate (AED to PKR) |
|---|---|
| 15 October 2024 | 81.50 |
Disclaimer: Exchange rates are constantly fluctuating. The provided information is an approximation based on current market conditions as of 15 October 2024. For the most up-to-date and accurate rates, it is advisable to consult a financial institution or a reliable online currency converter.
Factors Influencing the Dirham to PKR Rate
The AED to PKR exchange rate is influenced by a multitude of factors, including:
- Economic conditions in the UAE and Pakistan: The UAE’s economic performance, including factors like oil prices, GDP growth, and government policies, can impact the value of the Dirham. Similarly, economic conditions in Pakistan, including inflation rates, interest rates, and political stability, can influence the PKR.
- Global economic events: Major global events, such as geopolitical tensions, changes in commodity prices, and economic policies of major economies, can affect both the AED and PKR.
- Remittances from Pakistani expatriates: A significant inflow of remittances from Pakistani workers in the UAE can strengthen the PKR.
- Market sentiment and speculation: Investor confidence and market speculation can also play a role in short-term exchange rate movements.
Staying Updated on AED to PKR Rates
To stay informed about the latest AED to PKR exchange rates, you can utilize various resources:
- Financial institutions: Banks and exchange houses provide real-time exchange rate information and currency conversion services.
- Online currency converters: Numerous websites and apps offer currency conversion tools with live rates and historical data.
- Financial news websites: Reputable financial news sources often provide current exchange rates and market analysis to help you understand the factors driving currency movements.
Other Popular Currency Rates in Pakistan
In addition to the AED, here are some other major currency exchange rates in Pakistan as of 15 October 2024 (approximate values):
| Currency | Rate (1 Unit to PKR) |
|---|---|
| US Dollar (USD) | 302.00 |
| Euro (EUR) | 330.00 |
| British Pound (GBP) | 363.00 |
| Saudi Riyal (SAR) | 74.80 |
| Japanese Yen (JPY) | 2.08 |
| Chinese Yuan (CNY) | 42.00 |
| Indian Rupee (INR) | 3.53 |
| Canadian Dollar (CAD) | 226.00 |
| Australian Dollar (AUD) | 199.00 |
Conclusion
The Dirham to PKR exchange rate is a vital financial indicator for anyone with ties to the UAE and Pakistan. By understanding the factors that influence this rate and staying updated on its fluctuations, you can make informed financial decisions, whether you’re sending money overseas, conducting business transactions, or planning travel.
