Updated Exchange Rates: PKR to AED on June 21, 2023

Updated Exchange Rates: PKR to AED on June 21, 2023

Stay informed about the exchange rates between the Pakistani Rupee (PKR) and the UAE Dirham (AED) on June 21, 2023.

These rates are subject to change throughout the day, influenced by market dynamics and foreign currency demand. The buying and selling rates play a significant role in foreign currency transactions for individuals and financial institutions.

Key Details:

Buying Rate: Rs 79.40 per UAE Dirham (AED)

Selling Rate: Rs 80.20 per UAE Dirham (AED)

Time of Update: 08:00 AM Pakistan Standard Time (PST)

Explanation:

The buying rate represents the rate at which exchange companies or banks purchase foreign currency from customers. On June 21, 2023, the buying rate for one UAE Dirham (AED) in Pakistani Rupees (PKR) stood at Rs 79.40 in the open market.

Conversely, the selling rate indicates the rate at which exchange companies or banks sell foreign currency to customers. On the same day, the selling rate for one UAE Dirham (AED) in Pakistani Rupees (PKR) was Rs 80.20 in the open market.

Currency rates are highly dynamic and are influenced by various factors, including market forces and foreign currency demand. It is crucial to stay updated as these rates can change throughout the day.

Conclusion:

On June 21, 2023, the exchange rates between the Pakistani Rupee (PKR) and the UAE Dirham (AED) experienced fluctuations in the open market. The buying rate was Rs 79.40 per AED, indicating the rate at which foreign currency was purchased, while the selling rate stood at Rs 80.20 per AED, indicating the rate at which foreign currency was sold. Individuals and financial institutions involved in foreign currency transactions should stay aware of these rates, as they are subject to change based on market forces and foreign currency demand.

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