Dirham gains as Indian, Pakistani rupees and Philippine peso stay weak—remittance outlook

Date:

UAE dirham exchange rates: A quick snapshot as of March 13.

Dubai: Weakness in key Asian currencies continues to give UAE expatriates more value for every dirham sent home, as the Indian rupee, Philippine peso, and Pakistani rupee trade near some of their lowest levels in recent years.

The Indian rupee recently fell to a new low of ₹25.12 against the dirham, creating one of the strongest transfer windows for Indian expatriates in the UAE. Exchange houses report that many families are splitting their transfers, sending part of their funds immediately while holding the rest in case rates move further.

Peso slips amid political and economic strain

The Philippine peso has been trading between 15.87 and 16.17 against the dirham, reflecting global pressures that have weakened the peso against major currencies—especially the US dollar, which indirectly affects the dirham due to its dollar peg.

For now, the relatively favourable rates are prompting households to reassess their remittance strategies, deciding whether to lock in current levels or wait for further market movements.

Current exchange rates against the UAE dirham (as of 8:14 am, March 13, 2026)

  • Indian rupee (INR): 24.99, slightly stronger compared to yesterday’s 25.00
  • Pakistani rupee (PKR): 76.67, unchanged from yesterday
  • Philippine peso (PHP): 16.14, slightly weaker than yesterday’s 16.10

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