Convert AED to PKR

The currency used in the United Arab Emirates (UAE) is the UAE dirham (code AED, abbreviation Dhs). The domestic currency of Pakistan is the Pakistani rupee (PKR)

1 United Arab Emirates dirham (AED) is today worth 75.74 Pakistani rupees (PKR).

The AED (Dhs) to PKR exchange rate was last updated on Saturday 27th of July 2024 at 2:22 am.

Convert PKR to AED

1 Pakistani rupee (PKR) is today worth 0.013 United Arab Emirates dirham (AED).

The PKR to AED (Dhs) exchange rate was updated on Saturday 27th of July 2024 at 2:22 am GMT.

Currency Converter – UAE Dirham (AED)/Pakistani Rupees (PKR)

Use our currency exchange rate converter to change UAE dirhams (AED) to Pakistani rupees (PKR) and vice versa.

Currency Conversion Table – Dirhams (Dhs) to Pakistani Rupees

Use the list below to quickly find the Pakistani rupee (PKR) equivalent of a selection of UAE dirham (AED/Dhs) amounts.

Currency Conversion Table – Pakistani Rupees to Dirhams (Dhs)

UAE dirham (AED/Dhs) equivalents for a selection of Pakistani rupee (PKR) amounts are given below.

Importance of the UAE Dirham to Pakistani Rupee Exchange Rate

Large amounts of money flow between the UAE and Pakistan. According to WITS, the trade database of the World Bank, Pakistan is one of the UAE’s largest trading partners.

In 2019, the total trade between the two countries was $4.34 billion. The bilateral trade balance was in favour of the UAE, with exports from the UAE to Pakistan totalling $3.38 billion and imports to the UAE from Pakistan totalling $0.86 billion.

Country	2019 Trade Surplus (US$ Billions)	2019 Exports From UAE (US$ Billions)	2019 Imports To UAE (US$ Billions)
Unspecified	162.50	201.87	39.37
Saudi Arabia	17.15	23.99	6.85
Iraq	12.39	13.74	1.35
Switzerland	9.54	13.66	4.11
Oman	8.71	10.89	2.18
Kuwait	6.49	8.54	2.05
Iran	5.85	7.08	1.24
Hong Kong	2.92	5.63	2.72
Pakistan	2.62	3.48	0.86
Kenya	1.94	2.30	0.36
Jordan	1.88	2.36	0.48
Egypt	1.33	3.67	2.34
Lebanon	1.09	1.71	0.62
Somalia	0.96	1.16	0.20
Kyrgyzstan	0.91	0.91	0.01
Sri Lanka	0.85	1.06	0.21
Yemen	0.82	0.92	0.10
Tanzania	0.81	1.38	0.57
Djibouti	0.79	0.79	0.00
Syrian Arab Republic	0.76	0.82	0.05

2019 Rank	2019 Exports From UAE To:	2019 Exports (US$ Billions)	2019 Export Partner Share (%)
1	Unspecified	201.87	51.85
2	Saudi Arabia	23.99	6.16
3	India	14.67	3.77
4	Iraq	13.74	3.53
5	Switzerland	13.66	3.51
6	Oman	10.89	2.80
7	China	9.37	2.41
8	Kuwait	8.54	2.19
9	Iran	7.08	1.82
10	United States	6.39	1.64
11	Hong Kong	5.63	1.45
12	Turkey	3.83	0.98
13	Egypt	3.67	0.94
14	Bahrain	3.54	0.91
15	Pakistan	3.48	0.89
16	Belgium	3.03	0.78
17	United Kingdom	2.66	0.68
18	Singapore	2.61	0.67
19	Jordan	2.36	0.61
20	Kenya	2.30	0.59
21	Germany	2.11	0.54
22	Japan	2.02	0.52
23	Netherlands	1.84	0.47
24	Lebanon	1.71	0.44
25	Afghanistan	1.62	0.42
26	Thailand	1.40	0.36
27	Tanzania	1.38	0.35
28	Libya	1.35	0.35
29	Bangladesh	1.25	0.32
30	Somalia	1.16	0.30
31	South Korea	1.15	0.30
32	Malaysia	1.11	0.29
33	Italy	1.11	0.28
34	South Africa	1.09	0.28
35	Nigeria	1.08	0.28
36	Sri Lanka	1.06	0.27
37	Vietnam	0.97	0.25
38	Yemen	0.92	0.24
39	Kyrgyzstan	0.91	0.23
40	Russian Federation	0.89	0.23
41	Sudan	0.85	0.22
42	Syria	0.82	0.21
43	France	0.79	0.20
44	Djibouti	0.79	0.20
45	Indonesia	0.72	0.19
46	Ethiopia	0.70	0.18
47	Algeria	0.64	0.17
48	Australia	0.63	0.16
49	Morocco	0.54	0.14
50	Maldives	0.52	0.13

The UAE is also a significant investor in Pakistan. The two countries have strong economic ties and are working together to further enhance trade and investment cooperation.

The UAE is a popular destination for Pakistani tourists. In the first six months of 2022, 193,000 Pakistani tourists visited Dubai. Significant numbers also visit Abu Dhabi.

The UAE is known for its luxury hotels, shopping malls, and iconic tourist attractions, and Pakistani tourists are drawn to its reputation as a glamorous destination. The proximity of the UAE to Pakistan makes it an ideal destination for Pakistani tourists who are looking for a short getaway. The UAE is a Muslim-majority country, and as such, Pakistani nationals feel a sense of connection with the country and its people. In addition, the UAE is home to a large Pakistani expatriate community, which provides a support network for Pakistani tourists.

Money Transfers from the UAE to Pakistan – Personal Remittances

According to the United Nations, the UAE is home to almost 1 million Pakistanis. Many Pakistani migrants in the UAE are supporting families in their home country. These migrants convert dirhams to Pakistani rupees when sending money to Pakistan.

Data from the State Bank of Pakistan shows that in August 2022, non-resident Pakistani workers remitted around $2.7 billion. Of this $691 million was sent by workers in Saudi Arabia and $531 million by workers in the UAE.

In 2020, the World Bank estimates that personal remittances sent to Pakistan by migrants amounted to 8.7 per cent of Pakistan’s GDP.

Factors Influencing the AED to PKR Exchange Rate

When it comes to the AED to PKR exchange rate, it is important to remember that the UAE dirham is pegged to the USD. This means the dirham to PKR exchange rate is subject to the same forces that influence the USD to PKR exchange rate.

One of the factors that can influence the AED to PKR exchange rate is the interest rates in the UAE and Pakistan. If the interest rate in the UAE is higher than in Pakistan, then this can make the AED more attractive to investors. This can cause the dirham to Pakistani rupee rate to rise.

However, if the interest rate in the UAE is lower than in Pakistan, then this can make the AED less attractive to investors.

It is important to note that, as a result of the long-standing peg between the US dollar and UAE dirham, the Central Bank of the UAE (CBUAE) typically adjusts interest rates in response to changes by the US Federal Reserve. By keeping interest rates in alignment with those in the US, CBUAE helps to stabilise the UAE dirham and avoid market volatility. In addition, this policy helps to discourage speculation against the UAE currency.

Oil and gas prices can also influence the AED to PKR exchange rate. Pakistan is highly dependent on imported fuels. Fuel prices are one of the main drivers of inflation in Pakistan. When the oil and gas prices go up, the prices of other goods and services also rise. A high inflation rate can damage a currency’s value and exchange rate.

Political instability can have a significant impact on a country’s exchange rate. When investors perceive a country to be politically unstable, they are less likely to want to hold its currency. This can lead to a decline in the value of the currency, as investors sell it off in favour of more stable currencies. In 2022, Pakistan was in political turmoil after a no-confidence motion against Imran Khan forced his removal as prime minister. This contributed to the PKR falling to an all-time low against the USD and AED.

Pakistan Currency

The Pakistani rupee is the official currency of Pakistan. The most commonly used symbol for the Pakistani rupee is Rs, while the international ISO 4217 code for the Pakistani rupee is PKR.

The Pakistani rupee was put into circulation after the country gained independence from the British Raj in 1947. At first, Pakistani used British Indian coins and notes simply over-stamped with ‘Pakistan’. New coins and banknotes were issued in 1948. It was originally divided into 16 annas, similar to the Indian rupee.

The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country.

Banknotes currently in circulation are denominated at 5 ,10, 20, 50, 100, 500, 1,000 and 5,000 rupees.

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