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

Moroccan dirham pakistani rupee history for October 2023. The highest quote for this month is 28.056 (31/10/2023) and the lowest 28.623 (02/10/2023). The difference between high and low is -2.02.

MAD PKR average rate for October 2023 is 27.47774, the change between 01/10/2023 and 31/10/2023 is +2.36 %.

01 October 2023	1 MAD = 27.96 PKR
02 October 2023	1 MAD = 28.92 PKR
03 October 2023	1 MAD = 27.77 PKR
04 October 2023	1 MAD = 27.62 PKR
05 October 2023	1 MAD = 27.59 PKR
06 October 2023	1 MAD = 27.76 PKR
07 October 2023	1 MAD = 27.62 PKR
09 October 2023	1 MAD = 27.99 PKR
10 October 2023	1 MAD = 27.86 PKR
11 October 2023	1 MAD = 27.32 PKR
12 October 2023	1 MAD = 27.26 PKR
13 October 2023	1 MAD = 27.14 PKR
16 October 2023	1 MAD = 27.91 PKR
17 October 2023	1 MAD = 26.97 PKR
18 October 2023	1 MAD = 26.95 PKR
19 October 2023	1 MAD = 27.98 PKR
20 October 2023	1 MAD = 27.02 PKR
21 October 2023	1 MAD = 26.97 PKR
22 October 2023	1 MAD = 26.97 PKR
23 October 2023	1 MAD = 27.48 PKR
24 October 2023	1 MAD = 26.95 PKR
25 October 2023	1 MAD = 27.10 PKR
26 October 2023	1 MAD = 27.27 PKR
27 October 2023	1 MAD = 27.27 PKR
29 October 2023	1 MAD = 27.30 PKR
30 October 2023	1 MAD = 27.67 PKR
31 October 2023	1 MAD = 27.30 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