KARACHI – The buying rate of the United Arab Emirates (UAE) currency, Dirham, has strengthened by three paisas in open market of Pakistan as 1 AED surged to Rs76.71 on Tuesday, 20 May 2025.
Similarly, the Dirham is being sold by the currency exchange companies for Rs77.35 after gaining three paisas in its value.
Dirham is the official currency of the Gulf country. Overseas Pakistanis commonly need to convert the AED into Pakistani currency and this process is called currency exchange.
AED to PKR Today
1 AED = Rs76.71
The UAE to PKR exchange rate is considered crucial for trade, remittances, and travel between the UAE and Pakistan.
Changes in this rate are influenced by several factors, including inflation, interest rates, and economic stability in both countries.
A strong UAE economy or higher oil prices often strengthen the UAE dirham, affecting the rate. Political uncertainty, trade deficits, and low foreign reserves can weaken the Pakistani rupee.
Additionally, demand for foreign currency during events or import surges can impact the rate. This exchange rate directly affects the cost of living, import prices, and remittance value for Pakistani workers in the UAE.
With over 1.7 million Pakistanis residing in the UAE, they constitute the second-largest expatriate community in the Gulf country.
The remittances from the United Arab Emirates (UAE) recorded at to $657.6 million in April 2025, around 22 percent down on a monthly basis as they stood at $841.9 million in March 2025.
When it comes to YoY basis, the remittances recorded an increase of 21%, as compared to $542.5 million recorded in April 2024.
