AED
ECB reference rate of 2026-11-11. Banks and brokers apply their own rates and fees.
How to work out the UAE dirham rate
The official PKR rate is published by State Bank of Pakistan (SBP), and the card on this page links to it. The converter above works on European Central Bank (ECB) euro reference rates. It converts only between the currencies the ECB covers and has no PKR. The UAE dirham (AED) is not on the ECB list either. For rupee amounts, use the rates card below.
The rates card below shows SBP's rupee rate for the dirham directly, and its converter includes both PKR and AED. Because the dirham is pegged to the US dollar, the AED/PKR rate follows the USD/PKR rate closely. Banks and exchange offices quote their own buy and sell rates, so use those for the real amount.
The rates card shows SBP's exchange rates for mark-to-market revaluation (the ready rate, rupees per unit) for about thirty-five currencies, with the SBP date and a link to the SBP page. SBP issues these rates every working day so authorised dealers can revalue their books. The US dollar rate is a weighted average of closing interbank rates collected through brokerage houses. The card also shows SBP's weighted average customer bid and offer rates for the US dollar, a trend line for the last month and a converter. It refreshes by itself when SBP publishes. SBP does not publish new rates on weekends and public holidays. On those days, the card shows the last working day's date, not today's date.
A reference rate is a benchmark. It is not a price at which a bank or exchange company will deal with you. Use it to check whether a quote is reasonable, and use your bank's own rate for the real amount you will pay or receive.
Fill in the empty fields to see the result.
| Indicator | Rate | Date |
|---|---|---|
| SBP weighted average customer rate, USD bid | 276.31 PKR | 11/11/2026 |
| SBP weighted average customer rate, USD offer | 276.76 PKR | 11/11/2026 |
| Currency | Official rate (PKR) |
|---|---|
| USD | 276.62 |
| EUR | 308.28 |
| GBP | 368.52 |
| SAR | 73.7058 |
| AED | 75.3111 |
| CNY | 41.4715 |
| JPY | 1.7407 |
| CAD | 194.55 |
| AUD | 190.07 |
| KWD | 897.39 |
| QAR | 75.8907 |
| OMR | 718.47 |
| BHD | 733.45 |
| MYR | 67.8659 |
| CHF | 333.98 |
| ARS | 0.179 |
| BDT | 2.213 |
| BRL | 49.544 |
| CNH | 41.4778 |
| DKK | 41.24 |
| HKD | 35.2579 |
| 100 IDR | 1.52 |
| INR | 2.9512 |
| KRW | 0.2071 |
| KZT | 0.6207 |
| LKR | 0.8326 |
| MXN | 14.8748 |
| NOK | 29.0328 |
| NZD | 154.8 |
| RUB | 3.3412 |
| SEK | 27.9452 |
| SGD | 215.71 |
| THB | 8.223 |
| TRY | 5.5068 |
| ZAR | 16.7217 |
Source: State Bank of Pakistan, exchange rates for mark-to-market revaluation (ready), 11/11/2026.
Official reference rates for comparison and calculations. Banks, exchange offices and brokers apply their own buying and selling rates and fees. The table refreshes automatically when the source publishes new rates.
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Why bank and exchange-company rates differ
The dirham rate in Pakistan that you see at a bank counter or an exchange company is almost never the same as the reference rate. These are the usual reasons:
- Buy and sell spread. Dealers quote a lower buying rate and a higher selling rate. The gap between the two is their margin. This gap is called the spread.
- Cash versus transfer. Cash dirham notes involve handling and storage costs, so cash rates are often wider than rates for account transfers.
- Timing. A reference rate is fixed once a day. Dealer rates can change during the day.
- Fees. Remittance services may add a fixed charge on top of the rate. Compare the final rupee amount received, not only the quoted rate.
- Location and amount. Airport counters and small amounts often get less favourable rates.
What moves the AED exchange rate
The dollar peg
The UAE dirham is pegged to the US dollar at a fixed rate. The Central Bank of the UAE keeps the peg in place. In practice, this means the AED/PKR rate moves almost in line with USD/PKR. When the rupee weakens against the dollar, it weakens against the dirham by nearly the same proportion. For the dollar side, see the US dollar to PKR page.
Central Bank of the UAE policy
To protect the peg, the Central Bank of the UAE generally follows US Federal Reserve interest rate moves. UAE rate decisions therefore tend to track US policy more than local conditions. This affects dirham deposit and loan rates in the UAE. It changes the AED/PKR rate itself very little.
Trade and capital flows of the UAE
Oil and gas exports, re-export trade through Dubai, tourism and foreign investment bring dollars into the UAE and support its reserves. Strong reserves make the peg credible. A sudden change to the peg would be a large event, but it is not the normal driver of daily moves.
The rupee side
Most day-to-day movement in AED/PKR comes from the rupee. Pakistan's import bill, export earnings, debt payments, reserves and interest rates all matter. The latest State Bank of Pakistan decision on record is: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). Policy rate changes can affect demand for rupees, inflation expectations and capital flows. More context is on SBP rates and economy and SBP exchange rates.
Links between Pakistan and the UAE
The UAE matters to many households and businesses in Pakistan:
- Remittances. A large Pakistani workforce in the UAE sends dirham earnings home. For families, the conversion rate and transfer fees directly change the rupee amount received.
- Trade. Pakistan imports fuel and other goods from the UAE and exports food, textiles and other products to it. Many deals are priced in dollars or dirhams.
- Travel. Pilgrims, tourists and business travellers often pass through UAE airports and need cash or card conversions.
- Students and families. Fees, rent and living costs in the UAE are paid in dirhams, so families in Pakistan follow the rate closely.
For other Gulf currencies, see the Saudi riyal, Qatari riyal, Kuwaiti dinar, Bahraini dinar and Omani rial pages, or the full exchange rates list.
A note on currency trading
Some readers look at AED/PKR because they want to trade currencies. Leveraged forex and CFD trading can lose money fast, including more than you planned to risk. In Pakistan, the SBP states that the purchase of offshore forex, margin and CFD products by residents violates FERA, and that remitting foreign exchange to such platforms is not allowed through any payment channel. The SECP says offshore platforms have no Pakistani licence or oversight and offer no legal protection. Read Law and regulators before you consider any platform.
Frequent questions
Is the official rate what my bank will give me?
No. The official rate is a reference rate. Banks and exchange companies add a spread and sometimes fees, so check their own quote.
Why does the date on the card not show today?
Official rates are not published on weekends and public holidays. The card shows the last official date until a new rate is released.
Why does AED/PKR move almost like USD/PKR?
The dirham is pegged to the US dollar, so changes in the rupee against the dollar pass through to the dirham.
Can I convert rupees to dirhams here?
Yes, with the converter in the rates card, which uses State Bank of Pakistan (SBP) rates and includes PKR and AED. The separate converter at the top uses ECB rates and has no PKR or AED. For the real amount, check your bank's own quote.
Where do I check rates for other currencies?
Use the exchange rates section. It has a page for each currency.
