Historic Cayman Islands dollar Pakistani rupee

Cayman Islands dollar pakistani rupee history for January 2024. The highest quote for this month is 345.24 (02/01/2024) and the lowest 343.86 (04/01/2024). The difference between high and low is 0.4.

KYD PKR average rate for January 2024 is 342.49286, the change between 01/01/2024 and 31/01/2024 is -0.87 %.

01 January 20241 KYD = 339.4 PKR
02 January 20241 KYD = 339.4 PKR
03 January 20241 KYD = 345.2 PKR
04 January 20241 KYD = 345.7 PKR
05 January 20241 KYD = 345.1 PKR
06 January 20241 KYD = 343.4 PKR
07 January 20241 KYD = 343.3 PKR
08 January 20241 KYD = 339.4 PKR
09 January 20241 KYD = 344.8 PKR
10 January 20241 KYD = 343.4 PKR
11 January 20241 KYD = 344.8 PKR
12 January 20241 KYD = 343.1 PKR
13 January 20241 KYD = 342.9 PKR
14 January 20241 KYD = 341.9 PKR
15 January 20241 KYD = 338.4 PKR
16 January 20241 KYD = 342.1 PKR
17 January 20241 KYD = 342.1 PKR
18 January 20241 KYD = 342.7 PKR
19 January 20241 KYD = 342.6 PKR
22 January 20241 KYD = 341.6 PKR
23 January 20241 KYD = 342.8 PKR
24 January 20241 KYD = 343.1 PKR
25 January 20241 KYD = 343.0 PKR
26 January 20241 KYD = 342.5 PKR
28 January 20241 KYD = 340.9 PKR
29 January 20241 KYD = 341.2 PKR
30 January 20241 KYD = 342.7 PKR
31 January 20241 KYD = 342.4 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.
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