Historic South Korean Won Pakistani rupee

South Korean Won pakistani rupee history for October 2023. The highest quote for this month is 0.21272 (01/10/2023) and the lowest 0.21272 (01/10/2023). The difference between high and low is 0.

KRW PKR average rate for October 2023 is 0.20736, the change between 01/10/2023 and 31/10/2023 is +2.12 %.

01 October 20231 KRW = 0.2127 PKR
02 October 20231 KRW = 0.2129 PKR
03 October 20231 KRW = 0.2116 PKR
04 October 20231 KRW = 0.2099 PKR
05 October 20231 KRW = 0.2104 PKR
06 October 20231 KRW = 0.2062 PKR
07 October 20231 KRW = 0.2108 PKR
09 October 20231 KRW = 0.2056 PKR
10 October 20231 KRW = 0.2078 PKR
11 October 20231 KRW = 0.2089 PKR
12 October 20231 KRW = 0.2085 PKR
13 October 20231 KRW = 0.2062 PKR
16 October 20231 KRW = 0.2042 PKR
17 October 20231 KRW = 0.2051 PKR
18 October 20231 KRW = 0.2040 PKR
19 October 20231 KRW = 0.2054 PKR
20 October 20231 KRW = 0.2052 PKR
21 October 20231 KRW = 0.2064 PKR
22 October 20231 KRW = 0.2063 PKR
23 October 20231 KRW = 0.2027 PKR
24 October 20231 KRW = 0.2084 PKR
25 October 20231 KRW = 0.2076 PKR
26 October 20231 KRW = 0.2068 PKR
27 October 20231 KRW = 0.2071 PKR
29 October 20231 KRW = 0.2069 PKR
30 October 20231 KRW = 0.2032 PKR
31 October 20231 KRW = 0.2082 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.