Historic Maldivian rufiyaa Pakistani rupee

Maldivian rufiyaa pakistani rupee history for December 2023. The highest quote for this month is 18.697 (01/12/2023) and the lowest 18.607 (23/12/2023). The difference between high and low is 0.48.

MVR PKR average rate for December 2023 is 18.48339, the change between 01/12/2023 and 31/12/2023 is +0.92 %.

01 December 20231 MVR = 18.66 PKR
02 December 20231 MVR = 18.47 PKR
03 December 20231 MVR = 18.47 PKR
04 December 20231 MVR = 18.41 PKR
05 December 20231 MVR = 18.67 PKR
06 December 20231 MVR = 18.69 PKR
07 December 20231 MVR = 18.63 PKR
08 December 20231 MVR = 18.65 PKR
10 December 20231 MVR = 18.40 PKR
11 December 20231 MVR = 18.60 PKR
12 December 20231 MVR = 18.62 PKR
13 December 20231 MVR = 18.53 PKR
14 December 20231 MVR = 18.54 PKR
15 December 20231 MVR = 18.56 PKR
16 December 20231 MVR = 18.36 PKR
17 December 20231 MVR = 18.36 PKR
18 December 20231 MVR = 18.35 PKR
19 December 20231 MVR = 18.25 PKR
20 December 20231 MVR = 18.56 PKR
21 December 20231 MVR = 18.54 PKR
22 December 20231 MVR = 18.53 PKR
23 December 20231 MVR = 18.34 PKR
24 December 20231 MVR = 18.32 PKR
25 December 20231 MVR = 18.28 PKR
26 December 20231 MVR = 18.28 PKR
27 December 20231 MVR = 18.49 PKR
28 December 20231 MVR = 18.52 PKR
29 December 20231 MVR = 18.48 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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.