AED to PKR Dirham to Pakistani Rupee Today 10 October 2023
As of October 10, 2023, the UAE Dirham to Pakistani Rupee exchange rate is Rs. 76.68. However, throughout the day, this rate is subject to fluctuation based on a variety of factors, such as supply and demand across the globe. Determining the final exchange rate for AED to PKR is the job of the State Bank of Pakistan, which will provide the closing rate at the end of the day’s trading. While the current Dirham Rate in Pakistan is set at Rs. 76.68, it’s important to keep an eye on any changes that occur over the course of the day. Understanding the daily exchange rate is crucial for anyone planning on conducting business between these two countries.
Dirham Rate in Pakistan Today 10 October 2023
| DATE | EXCHANGE RATE (PKR) |
|---|---|
| 10 October 2023 | Rs. 76.68 |
| 9 October 2023 | Rs. 76.68 |
The above table shows the exchange rates for AED to PKR on October 10, 2023 and the previous day (October 9, 2023). It is important to keep track of these changes for those who may be involved in trade or business between the two countries. Overall, understanding the exchange rate dynamics can help individuals and businesses make informed decisions when it comes to financial transactions involving UAE Dirham and Pakistani Rupee.
Background Information
The exchange rate between the UAE Dirham and Pakistani Rupee is constantly changing due to various factors such as worldwide supply and demand. The State Bank of Pakistan provides the closing exchange rate for AED to PKR at the end of each working day.
On Tuesday, the exchange rate between UAE Dirham and Pakistani Rupee (AED to PKR) saw a decline of 7 paisas in the open market. The current interbank conversion rate stands at Rs76.61, reflecting a decrease from the previous day’s rate of Rs76.68.
This shift in exchange rates holds significant implications for trade and finance between the UAE and Pakistan. It is essential for businesses and individuals engaged in cross-border transactions to closely monitor these fluctuations and adjust their financial strategies accordingly.
The decrease in the AED to PKR rates showcases the current dynamics of the currency exchange market, influenced by economic factors. This alteration in rates can impact various aspects of trade and finance between the two countries, highlighting the interconnectedness of their economies. Therefore, staying updated with the latest exchange rates is crucial for making informed decisions in international transactions.
As the UAE and Pakistan strengthen their economic ties, keeping track of the AED to PKR rate becomes even more critical. It allows businesses and individuals to accurately calculate costs, manage risks, and plan investments effectively. With a fluctuating market, it is vital to stay informed and adapt to changes in exchange rates, ensuring smooth and profitable transactions between the two nations. So, it is essential to keep an eye on the AED to PKR rate in Pakistan today.
Whether you are a business owner or an individual involved in cross-border transactions, understanding the dynamics of currency exchange can help you make better financial decisions and maximize your gains. In conclusion, the AED to PKR exchange rate is a crucial aspect of the economic relationship between the UAE and Pakistan, and staying updated with its changes is vital for sustainable growth and successful transactions.
AED to PKR Rate in Pakistan
As of October 10, 2023, the current exchange rate for AED to PKR is Rs. 76.68. This marks a fluctuation from the previous day’s exchange rate of Rs. 76.68.
AED to PKR Exchange Rate on October 10, 2023
The exchange rate for UAE Dirham, the official currency of the United Arab Emirates, is known to fluctuate constantly. This fluctuation is influenced by various factors, including worldwide supply and demand dynamics. As a result, the value of the Pakistani Rupee in relation to the Dirham is subject to continuous change.
For instance, on October 10, 2023, according to the State Bank of Pakistan, the closing exchange rate for AED to PKR was recorded at Rs. 76.68. This means that, at that specific time, 1 UAE Dirham was equivalent to 76.68 Pakistani Rupees. It’s important to stay updated on these exchange rates, as they play a significant role in international trade and financial transactions.
Factors That Affect the AED to PKR Exchange Rate
As mentioned earlier, several factors can influence the exchange rate between the UAE Dirham and Pakistani Rupee. Some of these factors include:
- International trade and investment flows
- Economic stability and political situation in both countries
- Interest rates set by central banks
- Inflation rate differences between the two countries
Keeping Track of AED to PKR Exchange Rates
If you are planning on traveling to Pakistan or conducting business transactions with UAE, it is crucial to keep track of the AED to PKR exchange rate. This will help you plan your budget and make informed decisions regarding financial transactions.
The State Bank of Pakistan provides daily updates on the closing exchange rate for AED to PKR, which can be accessed through their website or various financial news outlets. It is also recommended to consult with a trusted currency exchange provider for accurate and up-to-date exchange rates.
Conclusion
The AED to PKR exchange rate is constantly changing and can be affected by various factors. Keeping track of these fluctuations can help individuals and businesses make informed decisions when dealing with the currency exchange between UAE and Pakistan. So, it is important to stay updated on the latest exchange rates through reliable sources. On October 10, 2023, the exchange rate was Rs. 76.68 for 1 UAE Dirham. This information can serve as a reference point for future transactions involving these currencies. Happy travelling and conducting business in UAE and Pakistan!
