Home News Weak Asian Currencies Enhance Dirham Value for UAE Expats

Weak Asian Currencies Boost Dirham Value for UAE Expats

Feb 16, 2026
57 min
3
Feb 16, 2026 05:31
Indian rupee, Pakistani rupee and Philippine peso stay soft, lifting dirham value for expats. Remit now?

## Exchange Rate Trends

The Indian rupee, Pakistani rupee, and Philippine peso have recently weakened against the UAE dirham, providing a favorable opportunity for expatriates in the UAE to remit money home. As of February 16, the Indian rupee reached a low of ₹24.98 per dirham, marking a strong period for Indian expats to transfer funds.

## Strategic Remittances

Exchange houses report that many families are opting to split their remittances, sending a portion now while holding back some funds in anticipation of further rate changes. This strategy allows them to maximize the value of their transfers.

## Peso Under Pressure

The Philippine peso has been fluctuating between 15.87 and 16.13 against the dirham due to political and economic challenges, including a corruption investigation. This volatility is prompting Filipino households to reconsider their remittance strategies, deciding whether to take advantage of current rates or wait for potential improvements.

## Current Rates

As of the latest update, the Indian rupee stands at 24.61, slightly weaker than the previous day. The Pakistani rupee remains stable at 76.67, while the Philippine peso has strengthened slightly to 15.71 from 15.73 the day before.

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