Dirham Strengthens Against Asian Currencies, Boosting Remittance Value for UAE Expats

Feb 24, 2026

63 min

Feb 24, 2026 04:30

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

## Exchange Rate Trends

The value of the UAE dirham has increased against several Asian currencies, providing a favorable opportunity for expatriates to send money home. As of February 24, the Indian rupee, Pakistani rupee, and Philippine peso are trading at some of their weakest levels in recent years.

## Indian Rupee at Record Low

The Indian rupee has reached a new low of ₹24.98 against the dirham, creating a strong window for Indian expatriates to remit funds. Many families are opting to split their transfers, sending some money now while holding off on the rest to see if rates improve further.

## Philippine Peso Under Pressure

The Philippine peso is experiencing volatility, trading between 15.87 and 16.13 against the dirham. Political and economic challenges, including a corruption probe, are affecting market confidence. Households are considering whether to lock in current rates or wait for potential changes.

## Pakistani Rupee Stability

The Pakistani rupee remains stable at 76.67 against the dirham, unchanged from the previous day. This stability offers a consistent option for remittances.

## Strategic Decisions for Expats

With these favorable exchange rates, expatriates are advised to evaluate their remittance strategies carefully. The current market conditions present a unique opportunity to maximize the value of their transfers.

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