Moroccan dirham pakistani rupee exchange rate history (MAD PKR) November 2023

Moroccan dirham pakistani rupee history for November 2023. The highest quote for this month is 29.146 (16/11/2023) and the lowest 29.113 (29/11/2023). The difference between high and low is 0.11.

MAD PKR average rate for November 2023 is 28.21346, the change between 01/11/2023 and 30/11/2023 is -4.05 %.

01 November 2023	1 MAD = 27.30 PKR
02 November 2023	1 MAD = 27.34 PKR
03 November 2023	1 MAD = 28.30 PKR
06 November 2023	1 MAD = 28.02 PKR
07 November 2023	1 MAD = 27.88 PKR
08 November 2023	1 MAD = 27.82 PKR
09 November 2023	1 MAD = 28.13 PKR
10 November 2023	1 MAD = 27.58 PKR
12 November 2023	1 MAD = 28.10 PKR
13 November 2023	1 MAD = 28.38 PKR
14 November 2023	1 MAD = 28.09 PKR
15 November 2023	1 MAD = 28.37 PKR
16 November 2023	1 MAD = 28.34 PKR
17 November 2023	1 MAD = 28.34 PKR
18 November 2023	1 MAD = 28.26 PKR
19 November 2023	1 MAD = 28.26 PKR
20 November 2023	1 MAD = 29.00 PKR
21 November 2023	1 MAD = 28.48 PKR
22 November 2023	1 MAD = 28.14 PKR
23 November 2023	1 MAD = 28.86 PKR
24 November 2023	1 MAD = 28.59 PKR
26 November 2023	1 MAD = 28.28 PKR
27 November 2023	1 MAD = 28.60 PKR
28 November 2023	1 MAD = 28.27 PKR
29 November 2023	1 MAD = 28.41 PKR
30 November 2023	1 MAD = 28.41 PKR

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced 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.

01/12/2008: Global Financial Crisis

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

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.

Historic Moroccan dirham Pakistani rupee