UAE Dirham Stable Against Pakistani Rupee in Open Market

Web DeskJune 21, 2024 05:31 PMbusiness
  • UAE Dirham exchange rate in Pakistan remains steady on June 21.
  • Conversion rate for 500 Dirhams equals Rs37,400 in Pakistani currency.
  • Staying informed about exchange rates is crucial for smooth currency conversion.
UAE Dirham Stable Against Pakistani Rupee in Open MarketImage Credits: pakobserver
The UAE Dirham exchange rate in Pakistan remains stable on June 21, with buying rate at Rs74.8 and selling rate at Rs75.6. Understanding the current exchange rate is crucial for smooth currency conversion for individuals involved in cross-border transactions or travel.

The UAE Dirham exchange rate in the open market of Pakistan saw a slight decrease on Friday, with the buying rate at Rs74.8 and the selling rate at Rs75.6. This stability indicates that the Dirham's value against the Pakistani rupee remained unchanged from the previous day's closing rate. The UAE Dirham, denoted by the currency code AED, is divided into 100 fils. As of June 21, the current exchange rate for the UAE Dirham in the open market stands at Rs74.8.

For those looking to convert Dirhams to Pakistani Rupees, the conversion rate is crucial. For instance, 500 Dirhams would be equivalent to Rs37,400, while 1,000 Dirhams would amount to Rs74,800 in Pakistani currency. Individuals holding UAE Dirhams can easily convert them to Pakistani Rupees by visiting banks or exchange company branches in Pakistan, where they can exchange their AED at the prevailing rate of Rs74.8 per Dirham as of June 21, 2024.

Understanding the current exchange rate for the UAE Dirham in Pakistan is essential for individuals involved in cross-border transactions or travel. By staying informed about the latest rates, individuals can make informed decisions when converting their currency. Whether it's for business or personal purposes, knowing the exchange rate ensures a smooth and efficient currency conversion process.

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