Gulf remittance rates today
What your Gulf salary is worth in your home currency today – mid-market rates for all six GCC currencies against the main remittance currencies, with the change since the previous day.
Quick answer: Today’s mid-market rates (8 November 2026): 1 AED = 75.31 PKR and 25.63 INR; 1 SAR = 73.75 PKR and 25.10 INR; 1 KWD = 303.09 INR. Your bank or exchange house will quote a little less – the gap is its margin.
Last updated: · mid-market reference rates, not a quote
Rate table: 1 unit of each Gulf currency in your home currency
| 1 unit of | PKR | INR | PHP | BDT | EGP |
|---|---|---|---|---|---|
| 1 AEDUAE dirham | 75.31▲0.04% | 25.63▼0.03% | 17.17▼0.03% | 33.92▲0.01% | 14.68±0.00% |
| 1 SARSaudi riyal | 73.75▲0.04% | 25.10▼0.03% | 16.82▼0.03% | 33.22▲0.01% | 14.37±0.00% |
| 1 QARQatari riyal | 75.98▲0.04% | 25.86▼0.03% | 17.33▼0.03% | 34.22▲0.01% | 14.81±0.00% |
| 1 KWDKuwaiti dinar | 890.70▲0.08% | 303.09▲0.01% | 203.09±0.00% | 401.17▲0.04% | 173.59▲0.03% |
| 1 OMROmani rial | 719.32▲0.04% | 244.77▼0.03% | 164.02▼0.03% | 323.98▲0.01% | 140.19±0.00% |
| 1 BHDBahraini dinar | 735.58▲0.04% | 250.30▼0.03% | 167.73▼0.03% | 331.30▲0.01% | 143.36±0.00% |
▲/▼ change vs the rates of 7 November 2026. ▲ means your Gulf currency buys more of your home currency.
Why your exchange house rate is lower than this one
The table shows mid-market rates: the midpoint between the prices at which banks buy and sell a currency from each other. It is the fairest benchmark, but individuals rarely get it. Your bank, exchange house or transfer app buys close to that rate and sells to you at a lower “customer rate” – the difference is its margin, usually 0.5% to 3%. Most also charge a fixed fee per transfer. Your real cost is margin plus fee, not the fee alone.
How to compare the true cost
- Ask for the final amount your recipient gets in their currency, after every fee.
- Divide it by everything you pay (transfer amount plus fee) – that is your effective rate.
- Compare it with the mid-market rate in the table: (1 − effective rate ÷ mid-market rate) × 100 is the total percentage you paid.
Worked example: sending AED 2,000 to Pakistan
At the mid-market rate on 8 November 2026 (1 AED = 75.31 PKR), AED 2,000 is PKR 150,621. Now suppose an exchange house quotes a rate 1% worse – 74.56 PKR per dirham – and charges an AED 25 fee.
- Your family receives PKR 149,115, PKR 1,506 less than at mid-market – that gap is AED 20 of margin.
- Add the AED 25 fee and the transfer really costs you AED 45, or 2.25% of what you sent – even though the counter only says “fee: AED 25”.
- A “zero-fee” offer at a rate 2% worse costs AED 40 – almost the same.
Timing myths
The Gulf currencies are pegged to the US dollar (AED 3.6725, SAR 3.75, QAR 3.64, OMR 0.3845, BHD 0.376; the Kuwaiti dinar follows a basket), so the Gulf side hardly moves. What moves is your home currency against the dollar – usually by less than 0.3% a day.
- “Send on Friday or at the weekend.” Global currency markets are closed at weekends and many providers widen their margin to cover the risk, so the rate can be worse, not better.
- “Wait for the end of the month.” Salary-week queues at exchange houses don’t move the mid-market rate in any meaningful way. The gap between providers (1–3%) is far bigger than any daily move.
- “I’ll wait for a better rate.” Big moves come when a central bank devalues or floats its currency – as Egypt did in 2016 and 2024 – and nobody times those reliably. If your family needs the money, send on schedule and pick the cheapest provider.
How to use our converter
Type the amount you plan to send into the currency converter to see what it is worth at mid-market, then compare that with what the provider offers – the difference is your true cost. The busiest corridors have their own pages:
AED to PKRAED to INRSAR to PKRSAR to INR
Methodology and source
Rates are USD-based mid-market reference rates from Exchange Rate API; each Gulf → home-currency rate is a cross rate (for example AED → PKR = PKR per USD ÷ AED per USD). We save a snapshot every morning to show the change against the previous day. They are for information only and are not a quote: the rate any bank or exchange house gives you will differ.
Frequently asked questions
Why does my exchange house give fewer rupees than the rate on this page?
This page shows the mid-market rate – the midpoint between the buy and sell prices banks trade at. Banks and exchange houses buy close to that rate and sell to you at a lower “customer rate”, usually 0.5% to 3% worse, and most also charge a fixed fee. Always compare the amount your family actually receives.
Is there a best day to send money home from the Gulf?
No fixed day is better. Day-to-day moves are usually under 0.3%, while the gap between providers is often 1–3%. At weekends global currency markets are closed and many providers widen their margin to cover the risk. Picking the cheapest provider saves far more than timing the day.
Why does AED to PKR change if the dirham is pegged to the dollar?
The dirham is pegged at 3.6725 per US dollar, the Saudi riyal at 3.75, the Qatari riyal at 3.64, the Omani rial at 0.3845 and the Bahraini dinar at 0.376; the Kuwaiti dinar follows a basket of currencies. So what moves is your home currency against the dollar – when the rupee weakens against the dollar, each dirham buys more rupees.
How do I work out the real cost of a transfer?
Ask for the final amount your recipient gets in their currency, then divide it by everything you pay (amount plus fee) to get your effective rate. Compare it with the mid-market rate in the table: (1 − effective rate ÷ mid-market rate) × 100 is the total percentage you paid in margin and fees.
How often are these rates updated?
The table refreshes automatically when you open the page, from a public exchange-rate feed that publishes new rates about once a day. We save a snapshot every morning and compare today’s rates with the previous day’s.
Is a “zero-fee” transfer really free?
Not necessarily. Many zero-fee offers earn their money from a worse exchange rate. Sending AED 2,000 at a rate 2% worse with no fee costs you AED 40 – about the same as an AED 25 fee plus a 1% margin.
Guide last reviewed: · 
Reviewed by Chelsea, CalcBright's animated guide, for the CalcBright editorial team · How we check our numbers · Rates by Exchange Rate API
