UAE Dirham (AED) witnessed a decline against the Pakistani Rupee (PKR) on May 12, 2023. The interbank market closed with the new exchange rate of AED to PKR at Rs. 77.7. This indicates a significant decrease of Rs. 3.78 compared to the previous day’s rate of Rs. 81.41.
In the open market, the buying rate of one UAE Dirham (AED) in Pakistani Rupees (PKR) is Rs. 79, while the selling rate stood at Rs. 80 on May 12, 2023.
The recent depreciation of the Pakistani Rupee amid an economic crisis caused by political instability has contributed to the rise in the UAE Dirham (AED) against the PKR.
Staying updated with the latest UAE Dirham/PKR rates is crucial for individuals and businesses involved in currency exchange. These rates are influenced by market forces and the demand for foreign currency.
It is important to note that the rates provided here are for informational purposes only and should not be considered as financial advice.