Cayman Islands dollar pakistani rupee exchange rate history (KYD PKR) December 2023

Cayman Islands dollar pakistani rupee history for December 2023. The highest quote for this month is 349.08 (01/12/2023) and the lowest 347.29 (02/12/2023). The difference between high and low is 0.51.

KYD PKR average rate for December 2023 is 345.73586, the change between 01/12/2023 and 31/12/2023 is +1.26 %.

01 December 2023	1 KYD = 347.9 PKR
02 December 2023	1 KYD = 347.3 PKR
03 December 2023	1 KYD = 347.3 PKR
04 December 2023	1 KYD = 343.8 PKR
05 December 2023	1 KYD = 348.7 PKR
06 December 2023	1 KYD = 348.8 PKR
07 December 2023	1 KYD = 347.1 PKR
08 December 2023	1 KYD = 347.9 PKR
09 December 2023	1 KYD = 346.6 PKR
10 December 2023	1 KYD = 346.0 PKR
11 December 2023	1 KYD = 346.4 PKR
12 December 2023	1 KYD = 347.6 PKR
13 December 2023	1 KYD = 346.3 PKR
14 December 2023	1 KYD = 347.7 PKR
15 December 2023	1 KYD = 347.4 PKR
16 December 2023	1 KYD = 345.3 PKR
17 December 2023	1 KYD = 345.3 PKR
18 December 2023	1 KYD = 341.5 PKR
19 December 2023	1 KYD = 341.5 PKR
20 December 2023	1 KYD = 347.5 PKR
21 December 2023	1 KYD = 346.8 PKR
22 December 2023	1 KYD = 346.8 PKR
23 December 2023	1 KYD = 344.9 PKR
24 December 2023	1 KYD = 344.5 PKR
25 December 2023	1 KYD = 340.5 PKR
26 December 2023	1 KYD = 340.5 PKR
27 December 2023	1 KYD = 345.3 PKR
28 December 2023	1 KYD = 345.9 PKR
29 December 2023	1 KYD = 343.5 PKR

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

Historic Cayman Islands dollar Pakistani rupee