1 Dirham In Pakistani Rupees 2021

3 min read Jul 06, 2024
1 Dirham In Pakistani Rupees 2021

1 Dirham in Pakistani Rupees 2021

The United Arab Emirates (UAE) Dirham is the official currency of the UAE, and it is widely used in international transactions. In Pakistan, the Pakistani Rupee is the local currency, and it is essential to know the exchange rate between the two currencies, especially for individuals who frequently travel or conduct business between the two countries.

Current Exchange Rate (2021)

As of 2021, the exchange rate between the UAE Dirham (AED) and the Pakistani Rupee (PKR) is:

1 AED = 43.55 PKR

This means that if you exchange 1 Dirham, you will get approximately 43.55 Pakistani Rupees.

Factors Affecting Exchange Rate

The exchange rate between the UAE Dirham and Pakistani Rupee can fluctuate due to various economic and political factors, such as:

  • Inflation Rate: Changes in inflation rates in both countries can affect the exchange rate.
  • Interest Rates: Differences in interest rates between the two countries can influence the exchange rate.
  • Trade Balance: The trade balance between the UAE and Pakistan can impact the exchange rate.
  • Political Stability: Political stability or instability in either country can affect the exchange rate.

** Converter Tool**

To get an accurate and up-to-date exchange rate, you can use a currency converter tool online. These tools provide real-time exchange rates and can be used to convert any amount of Dirhams to Pakistani Rupees or vice versa.

Conclusion

In conclusion, the exchange rate between the UAE Dirham and Pakistani Rupee is essential for individuals and businesses that operate between the two countries. The current exchange rate (as of 2021) is 1 AED = 43.55 PKR. However, it is essential to stay updated with the latest exchange rates due to fluctuations caused by various economic and political factors.