1 Dirham Price in Pakistan
The United Arab Emirates (UAE) Dirham is the official currency of the UAE and is widely used in international trade and commerce. In Pakistan, the Dirham is a popular currency for trade and investment purposes. If you're planning to travel to Pakistan or invest in the country, it's essential to know the current exchange rate of 1 Dirham in Pakistani Rupees.
Current Exchange Rate
As of [current date], the exchange rate of 1 UAE Dirham (AED) is approximately PKR 43.50. This rate is subject to change and may fluctuate based on various economic factors. It's always a good idea to check the latest exchange rates before making any transactions.
Historical Exchange Rate
The exchange rate of 1 Dirham in Pakistani Rupees has fluctuated over the years. Here's a brief overview of the historical exchange rate:
- 2015: 1 AED = PKR 35.50
- 2018: 1 AED = PKR 40.50
- 2020: 1 AED = PKR 42.50
- 2022: 1 AED = PKR 43.50 (current rate)
Factors Affecting Exchange Rate
Several factors can affect the exchange rate of 1 Dirham in Pakistani Rupees, including:
- Economic Conditions: The overall economic performance of both the UAE and Pakistan can impact the exchange rate.
- Inflation: Inflation rates in both countries can influence the exchange rate.
- Supply and Demand: The demand for Dirhams in Pakistan and the supply of Pakistani Rupees in the UAE can impact the exchange rate.
- Political Stability: Political instability in either country can affect the exchange rate.
Conclusion
The exchange rate of 1 Dirham in Pakistani Rupees is an essential piece of information for anyone planning to trade or invest in Pakistan. By understanding the current exchange rate and the factors that affect it, you can make informed decisions about your financial transactions. Always check the latest exchange rates before making any transactions to ensure you get the best deal.
