Historic Pakistani rupee Croatian kuna

30/06/2020: Introduction of new banknotes

New banknotes of the Croatian kuna were introduced to enhance security features and improve durability.

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.

30/06/2013: Croatia becomes EU member

Croatia officially became a member of the European Union, strengthening the integration of the kuna within the European financial system.

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.

30/06/2008: The Croatian National Bank takes over currency issuance

The Croatian National Bank started issuing all denominations of kuna banknotes, taking over this responsibility from the Croatian Monetary Institute.

30/06/2004: Croatia joins EU Exchange Rate Mechanism

Croatia joined the European Union Exchange Rate Mechanism, a precursor to adopting the Euro as the country's currency.

14/11/1999: Currency stabilization

The Croatian National Bank implemented measures to stabilize the value of the kuna, reducing inflation and ensuring economic stability.

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.

30/06/1997: Kuna becomes convertible currency

The Croatian Kuna became a fully convertible currency, allowing for free exchange and trade.

29/05/1994: Introduction of the Croatian Kuna

The Croatian kuna was introduced as the official currency of Croatia, replacing the Yugoslav Dinar.

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.

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.