Historic Pakistani rupee Pound sterling

Pakistani rupee pound sterling history for December 2023. The highest quote for this month is 0.002842 (22/12/2023) and the lowest 0.002836 (20/12/2023). The difference between high and low is 0.21.

PKR GBP average rate for December 2023 is 0.0028, the change between 01/12/2023 and 31/12/2023 is +0.07 %.

01 December 20231 PKR = 0.0028 GBP
03 December 20231 PKR = 0.0028 GBP
04 December 20231 PKR = 0.0028 GBP
05 December 20231 PKR = 0.0028 GBP
06 December 20231 PKR = 0.0028 GBP
07 December 20231 PKR = 0.0028 GBP
08 December 20231 PKR = 0.0028 GBP
10 December 20231 PKR = 0.0028 GBP
11 December 20231 PKR = 0.0028 GBP
12 December 20231 PKR = 0.0028 GBP
13 December 20231 PKR = 0.0028 GBP
14 December 20231 PKR = 0.0028 GBP
15 December 20231 PKR = 0.0028 GBP
17 December 20231 PKR = 0.0028 GBP
18 December 20231 PKR = 0.0028 GBP
19 December 20231 PKR = 0.0028 GBP
20 December 20231 PKR = 0.0028 GBP
21 December 20231 PKR = 0.0028 GBP
22 December 20231 PKR = 0.0028 GBP
24 December 20231 PKR = 0.0028 GBP
25 December 20231 PKR = 0.0028 GBP
26 December 20231 PKR = 0.0028 GBP
27 December 20231 PKR = 0.0028 GBP
28 December 20231 PKR = 0.0028 GBP
29 December 20231 PKR = 0.0028 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.