Historic Omani rial Pakistani rupee

Omani rial pakistani rupee history for December 2023. The highest quote for this month is 742.08 (01/12/2023) and the lowest 757.96 (11/12/2023). The difference between high and low is -2.14.

OMR PKR average rate for December 2023 is 736.34393, the change between 01/12/2023 and 31/12/2023 is +0.72 %.

01 December 20231 OMR = 739.1 PKR
02 December 20231 OMR = 739.9 PKR
03 December 20231 OMR = 739.9 PKR
04 December 20231 OMR = 752.7 PKR
05 December 20231 OMR = 741.1 PKR
06 December 20231 OMR = 741.0 PKR
07 December 20231 OMR = 738.3 PKR
08 December 20231 OMR = 739.6 PKR
10 December 20231 OMR = 737.1 PKR
11 December 20231 OMR = 736.3 PKR
12 December 20231 OMR = 738.3 PKR
13 December 20231 OMR = 735.7 PKR
14 December 20231 OMR = 738.6 PKR
15 December 20231 OMR = 737.9 PKR
16 December 20231 OMR = 735.6 PKR
17 December 20231 OMR = 735.6 PKR
18 December 20231 OMR = 728.9 PKR
19 December 20231 OMR = 725.5 PKR
20 December 20231 OMR = 737.8 PKR
21 December 20231 OMR = 737.0 PKR
22 December 20231 OMR = 736.7 PKR
23 December 20231 OMR = 734.6 PKR
24 December 20231 OMR = 735.6 PKR
25 December 20231 OMR = 724.4 PKR
26 December 20231 OMR = 725.9 PKR
27 December 20231 OMR = 735.5 PKR
28 December 20231 OMR = 735.1 PKR
29 December 20231 OMR = 733.8 PKR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

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.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.