KARACHI/DUBAI — The UAE Dirham to Pakistani Rupee exchange rate closed at PKR 76.44 on Friday, maintaining strong momentum and inching toward the record low of 76.4225 posted earlier this week. The Rupee’s persistent gains have boosted confidence across remittance, import, and travel segments as the trading week ends.
Today’s rate sits below the six-month average of 76.9052, highlighting a phase of unusual currency stability for Pakistan. Meanwhile, the interbank rate stood higher at Rs 77.80, while the open market recorded Rs 76.67 (buying) and Rs 76.77 (selling) — all reflecting narrow spreads and improved liquidity conditions.
Currency Profiles: Two Systems, One Exchange Channel
UAE Dirham
The Dirham remains pegged at 3.6725 AED/USD — a fixed rate held since 1997. With nearly 1.5 million Pakistanis employed across the UAE, the currency plays a key role in Pakistan’s remittance pipeline. Year-to-date, the Dirham has appreciated 1.54% against the Rupee, underscoring economic contrasts between the two countries.
Pakistani Rupee
Operating under a managed float, the Rupee responds to inflation, import needs, FX reserves, and remittance flows. The recent strength near record lows signals effective stabilization measures despite structural challenges.
Key Factors Affecting Today’s AED/PKR Rate
Inflation Gap
Pakistan’s persistent inflation continues to reduce domestic purchasing power, triggering State Bank policy tightening to curb pressure on the Rupee.
Energy Price Dynamics
As a major oil importer, Pakistan feels the direct impact of global oil price spikes — contrasting sharply with the UAE’s energy-export advantage.
Remittances From UAE
The UAE remains Pakistan’s second-largest remittance source. Stable inflows have bolstered FX reserves and eased volatility in AED/PKR movements.
Pakistan’s Import Composition
Large imports of fuel, machinery, electronics, and consumer goods from the UAE maintain consistent demand for the Dirham.
2025 Rate Performance Overview
- Lowest rate: 75.817 PKR (Jan 10)
- Highest rate: 79.868 PKR (Mar 10)
- 180-day peak: 77.735 PKR (Jul 21)
- 180-day low: 76.276 PKR (Aug 3)
- Annual average: 76.698 PKR
- Today’s rate: 76.44 PKR — stronger than the annual benchmark
Monthly averages through 2025 show stable movement within a narrow band of 75.81–77.80 PKR.
Impact on Stakeholders
🏡 Pakistani Expatriates
A worker earning 5,000 AED can send back approximately PKR 382,200, ensuring strong purchasing power for households. Even with Rupee strength, remittance returns remain historically high.
🏭 Importers & Businesses
A stronger Rupee lowers import bills for electronics, machinery, vehicles, and consumer products. Continued strength could help ease domestic inflation.
🛫 Travelers to UAE
For Pakistani travelers, 1,000 AED = PKR 76,440, offering favorable travel, accommodation, and shopping affordability compared to earlier months.
Market Outlook
Analysts expect the AED/PKR rate to remain within the 75.80 to 77.00 corridor in the near term, assuming policy continuity and predictable remittance flows.
Pakistan’s macroeconomic stabilization efforts — including external financing, controlled imports, and higher reserve buffers — continue to support the Rupee’s position.
Week-End Summary
- Today’s Rate: 76.44 PKR per AED
- Interbank: 77.80 PKR
- Open Market: 76.67–76.77 PKR
- Record Low (2025): 76.4225 PKR (Nov 12)
- Year-to-Date Move: +1.54% AED appreciation
- 2025 Average: 76.698 PKR
The Rupee’s sustained strength near record-low AED levels signals confidence in Pakistan’s currency management and offers consistent benefits for remitters, travelers, and import-heavy businesses.
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