1 Dirham Price in Pakistani Rupees
The United Arab Emirates (UAE) Dirham is the official currency of the UAE, and it is widely used in international transactions. In this article, we will discuss the current exchange rate of 1 Dirham in Pakistani Rupees.
Current Exchange Rate
As of the current date, the exchange rate of 1 UAE Dirham (AED) is equal to approximately 38.45 Pakistani Rupees (PKR). Please note that currency exchange rates can fluctuate rapidly and may change at any time.
** Dirham to Pakistani Rupee Conversion**
Here is a rough estimate of the conversion rate of AED to PKR:
- 1 AED = 38.45 PKR
- 5 AED = 192.25 PKR
- 10 AED = 384.50 PKR
- 50 AED = 1922.50 PKR
- 100 AED = 3845.00 PKR
Why is the Dirham important?
The UAE Dirham is an important currency in the global economy, and its value has a significant impact on international trade and commerce. The Dirham is pegged to the US Dollar, which means that its value is directly tied to the value of the US Dollar.
Factors Affecting the Exchange Rate
Several factors can affect the exchange rate of the Dirham to Pakistani Rupees, including:
- Inflation rates: Changes in inflation rates in both countries can affect the exchange rate.
- Interest rates: Changes in interest rates in both countries can affect the exchange rate.
- Trade balance: The balance of trade between the two countries can affect the exchange rate.
- Geopolitical factors: Political and economic instability in either country can affect the exchange rate.
Conclusion
In conclusion, the exchange rate of 1 Dirham to Pakistani Rupees is currently around 38.45 PKR. However, this rate can change rapidly due to various economic and geopolitical factors. It is essential to stay updated with the latest exchange rates if you are involved in international transactions.
