Weaker Asian Currencies Boost UAE Dirham Value for Expats

Mar 9, 2026

46 min

Mar 9, 2026 04:31

Indian rupee, Pakistani rupee and Philippine peso stay soft, lifting dirham value for expats. Remit now?

## Exchange Rate Trends

As of March 9, the Indian rupee, Pakistani rupee, and Philippine peso have weakened against the UAE dirham, providing a favorable remittance opportunity for expatriates. The Indian rupee hit a low of ₹25.04 per dirham, while the Philippine peso fluctuated between 15.87 and 16.17. The Pakistani rupee remained stable at 76.67.

## Impact on Remittances

The depreciation of these currencies is encouraging many expatriates in the UAE to send money back home. Some families are opting to split their remittances, transferring a portion now and holding off on the rest to see if rates improve further.

## Economic Factors

The Philippine peso's decline is attributed to political instability, slower economic growth, and ongoing corruption investigations. These factors have led to one of the most volatile periods for the currency since 2022. Meanwhile, the Indian rupee and Pakistani rupee continue to face challenges, impacting their exchange rates against the dirham.

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