On the 24th of August 2023, the exchange rate for the Indian Rupee (INR) stood at Rs. 81.58. The interbank currency exchange rate for the UAE Dirham to Pakistani Rupee, as provided by the State Bank of Pakistan (SBP) on weekdays (Monday to Friday), represents the rate at the commencement of the business day.
The State Bank of Pakistan (SBP) provides the closing interbank rate for the UAE Dirham (AED) to Pakistani Rupee (PKR) at the conclusion of every working day. Please ensure to refer to the provided table for the closing exchange rate at the conclusion of the business day.
It is important to note that remittances received in Pakistan are deposited into clients’ accounts according to the prevailing interbank exchange rate unless otherwise instructed by the sender bank.
The exchange rate between the UAE Dirham (AED) and the Pakistani Rupee (PKR) has experienced a notable increase in value in recent days. This upward trend can be attributed to the devaluation of the Pakistani Rupee, which has been influenced by the economic crisis resulting from political turmoil inside the country. Moreover, the aforementioned prices exhibit variability contingent upon the prevailing demand for foreign currency inside the market.
As of the commencement of the business day on August 24, 2023, the exchange rate between the United Arab Emirates Dirham (AED) and the Pakistani Rupee (PKR) stands at Rs. 81.58. Nonetheless, the aforementioned post will be supplemented with the concluding exchange rate between the Dirham and PKR in the interbank market for the present day. This information is sourced from the State Bank of Pakistan and is released at the conclusion of each working day.
Nevertheless, it is recommended to verify the conversion rate for Emirati Dirham (AED) to Pakistani Rupee (PKR) with your bank or the nearest foreign exchange dealer, since the open market rate tends to be slightly higher than the interbank rates.
Closing Interbank Rate
Furthermore, the interbank exchange rate between the UAE Dirham and the Pakistani Rupee denoted as PKR, is provided in the following table for the closing rate in Pakistan on 24 August 2023. Please note that this information is updated at the conclusion of the business day. Furthermore, the table includes the values of appreciation and depreciation (in Pakistani Rupees) relative to the preceding day.
AED to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 24 August 2023 | Rs. 81.58 | – |
| 23 August 2023 | Rs. 81.58 |