Historic Iranian Rial Pakistani rupee

Iranian Rial pakistani rupee history for February 2024. The highest quote for this month is 0.006659 (04/02/2024) and the lowest 0.006659 (03/02/2024). The difference between high and low is 0.

IRR PKR average rate for February 2024 is 0.00663, the change between 01/02/2024 and 29/02/2024 is +0.75 %.

01 February 20241 IRR = 0.0066 PKR
02 February 20241 IRR = 0.0066 PKR
03 February 20241 IRR = 0.0067 PKR
04 February 20241 IRR = 0.0067 PKR
05 February 20241 IRR = 0.0066 PKR
06 February 20241 IRR = 0.0066 PKR
07 February 20241 IRR = 0.0066 PKR
08 February 20241 IRR = 0.0066 PKR
09 February 20241 IRR = 0.0066 PKR
12 February 20241 IRR = 0.0065 PKR
13 February 20241 IRR = 0.0066 PKR
14 February 20241 IRR = 0.0066 PKR
15 February 20241 IRR = 0.0066 PKR
16 February 20241 IRR = 0.0066 PKR
17 February 20241 IRR = 0.0066 PKR
18 February 20241 IRR = 0.0066 PKR
19 February 20241 IRR = 0.0066 PKR
20 February 20241 IRR = 0.0066 PKR
21 February 20241 IRR = 0.0067 PKR
22 February 20241 IRR = 0.0066 PKR
23 February 20241 IRR = 0.0066 PKR
24 February 20241 IRR = 0.0066 PKR
25 February 20241 IRR = 0.0066 PKR
26 February 20241 IRR = 0.0066 PKR
27 February 20241 IRR = 0.0066 PKR
28 February 20241 IRR = 0.0066 PKR
29 February 20241 IRR = 0.0066 PKR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

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.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR PKR July 2023
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