1 Dirham Price in Pakistan Today Open Market
The United Arab Emirates (UAE) Dirham is a popular currency in the global market, and its exchange rate against the Pakistani Rupee (PKR) is of great interest to many individuals and businesses in Pakistan. In this article, we will provide you with the latest 1 Dirham price in Pakistan today in the open market.
Current Exchange Rate
As of [current date], the exchange rate of 1 UAE Dirham (AED) to Pakistani Rupee (PKR) in the open market is:
1 AED = PKR [current rate]
Please note that the exchange rate may fluctuate frequently due to various market and economic factors, so this rate may not be valid at the time of your reading. We recommend checking the latest exchange rates with a reliable currency exchange service or a financial institution for the most up-to-date information.
Factors Affecting Exchange Rate
Several factors can influence the exchange rate of the UAE Dirham against the Pakistani Rupee. Some of these factors include:
- Economic indicators: GDP growth rate, inflation rate, and interest rates in both the UAE and Pakistan can affect the exchange rate.
- Oil prices: As the UAE is a major oil exporter, changes in global oil prices can impact the value of the Dirham.
- Political stability: Political unrest or stability in both countries can influence the exchange rate.
- Trade agreements: Trade agreements between the UAE and Pakistan can also impact the exchange rate.
Where to Exchange Currency
If you need to exchange your UAE Dirhams to Pakistani Rupees, you can do so at various currency exchange services, including:
- Banks: Most banks in Pakistan offer currency exchange services, including the State Bank of Pakistan.
- Currency exchange companies: Private currency exchange companies like UAE Exchange, Al Ansari Exchange, and others operate in Pakistan.
- Money changers: You can also exchange your currency at authorized money changers in Pakistan.
Conclusion
The exchange rate of the UAE Dirham against the Pakistani Rupee is subject to fluctuations based on various market and economic factors. We recommend staying updated with the latest exchange rates and using a reliable currency exchange service to get the best rates.
