Historic New Zealand Dollar Pakistani rupee

New Zealand Dollar pakistani rupee history for December 2023. The highest quote for this month is 178.44 (28/12/2023) and the lowest 185.04 (25/12/2023). The difference between high and low is -3.7.

NZD PKR average rate for December 2023 is 175.60483, the change between 01/12/2023 and 31/12/2023 is -2.14 %.

01 December 20231 NZD = 174.6 PKR
02 December 20231 NZD = 176.9 PKR
03 December 20231 NZD = 176.5 PKR
04 December 20231 NZD = 174.3 PKR
05 December 20231 NZD = 175.3 PKR
06 December 20231 NZD = 174.4 PKR
07 December 20231 NZD = 173.9 PKR
08 December 20231 NZD = 174.8 PKR
09 December 20231 NZD = 174.0 PKR
10 December 20231 NZD = 173.7 PKR
11 December 20231 NZD = 173.2 PKR
12 December 20231 NZD = 173.6 PKR
13 December 20231 NZD = 173.2 PKR
14 December 20231 NZD = 175.4 PKR
15 December 20231 NZD = 175.8 PKR
16 December 20231 NZD = 175.8 PKR
17 December 20231 NZD = 175.8 PKR
18 December 20231 NZD = 173.8 PKR
19 December 20231 NZD = 172.9 PKR
20 December 20231 NZD = 177.5 PKR
21 December 20231 NZD = 176.8 PKR
22 December 20231 NZD = 177.9 PKR
23 December 20231 NZD = 178.0 PKR
24 December 20231 NZD = 177.9 PKR
25 December 20231 NZD = 175.6 PKR
26 December 20231 NZD = 175.2 PKR
27 December 20231 NZD = 178.5 PKR
28 December 20231 NZD = 179.1 PKR
29 December 20231 NZD = 178.3 PKR

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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