South Korean Won pakistani rupee exchange rate history (KRW PKR) December 2023

South Korean Won pakistani rupee history for December 2023. The highest quote for this month is 0.2201 (02/12/2023) and the lowest 0.22025 (02/12/2023). The difference between high and low is -0.07.

KRW PKR average rate for December 2023 is 0.21729, the change between 01/12/2023 and 31/12/2023 is -0.74 %.

01 December 2023	1 KRW = 0.2187 PKR
02 December 2023	1 KRW = 0.2203 PKR
03 December 2023	1 KRW = 0.2201 PKR
04 December 2023	1 KRW = 0.2158 PKR
05 December 2023	1 KRW = 0.2174 PKR
06 December 2023	1 KRW = 0.2164 PKR
07 December 2023	1 KRW = 0.2156 PKR
08 December 2023	1 KRW = 0.2161 PKR
09 December 2023	1 KRW = 0.2175 PKR
10 December 2023	1 KRW = 0.2155 PKR
11 December 2023	1 KRW = 0.2148 PKR
12 December 2023	1 KRW = 0.2158 PKR
13 December 2023	1 KRW = 0.2154 PKR
14 December 2023	1 KRW = 0.2193 PKR
15 December 2023	1 KRW = 0.2191 PKR
16 December 2023	1 KRW = 0.2177 PKR
17 December 2023	1 KRW = 0.2177 PKR
18 December 2023	1 KRW = 0.2192 PKR
19 December 2023	1 KRW = 0.2136 PKR
20 December 2023	1 KRW = 0.2181 PKR
21 December 2023	1 KRW = 0.2180 PKR
22 December 2023	1 KRW = 0.2188 PKR
23 December 2023	1 KRW = 0.2181 PKR
24 December 2023	1 KRW = 0.2178 PKR
25 December 2023	1 KRW = 0.2142 PKR
26 December 2023	1 KRW = 0.2146 PKR
27 December 2023	1 KRW = 0.2179 PKR
28 December 2023	1 KRW = 0.2178 PKR
29 December 2023	1 KRW = 0.2203 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.

01/12/2008: Global Financial Crisis

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic South Korean Won Pakistani rupee