1 Dirham Price in Pakistan Rupees
The United Arab Emirates (UAE) dirham is the official currency of the UAE, and it's widely used in international trade and commerce.Pakistan, being a neighboring country, has a significant trade relationship with the UAE, and many Pakistanis work and live in the UAE. As a result, the exchange rate between the UAE dirham and the Pakistani rupee is an important metric for many individuals and businesses.
Current Exchange Rate
As of the current date, the exchange rate between the UAE dirham and the Pakistani rupee is:
1 AED (UAE Dirham) = approximately 43-45 PKR (Pakistani Rupees)
Please note that exchange rates can fluctuate frequently and may vary depending on the current market conditions and other economic factors.
** Historical Exchange Rate**
Here's a brief overview of the historical exchange rate between the UAE dirham and the Pakistani rupee:
| Year | Exchange Rate (1 AED = PKR) |
|---|---|
| 2020 | 40-42 PKR |
| 2019 | 38-40 PKR |
| 2018 | 36-38 PKR |
| 2017 | 34-36 PKR |
| 2016 | 32-34 PKR |
As you can see, the exchange rate has been relatively stable over the past few years, with some minor fluctuations.
Factors Affecting Exchange Rate
Several factors can influence the exchange rate between the UAE dirham and the Pakistani rupee, including:
- Economic indicators: Inflation rates, GDP growth, and interest rates in both countries can impact the exchange rate.
- Trade relationships: The volume and value of trade between the UAE and Pakistan can influence the exchange rate.
- Political stability: Political stability and security in both countries can affect investor confidence and, subsequently, the exchange rate.
- Global events: Global economic events, such as oil price changes or major economic downturns, can also impact the exchange rate.
Conclusion
In conclusion, the exchange rate between the UAE dirham and the Pakistani rupee is an important metric for individuals and businesses in both countries. While the exchange rate has been relatively stable in recent years, it's essential to stay informed about the current exchange rate and any changes that may occur due to various economic and political factors.
