Historic Pakistani rupee Iranian Rial

Pakistani rupee iranian rial history for January 2024. The highest quote for this month is 151.25 (01/01/2024) and the lowest 153.16 (30/01/2024). The difference between high and low is -1.26.

PKR IRR average rate for January 2024 is 150.36519, the change between 01/01/2024 and 31/01/2024 is +0.61 %.

01 January 20241 PKR = 151.5 IRR
02 January 20241 PKR = 151.3 IRR
03 January 20241 PKR = 149.2 IRR
04 January 20241 PKR = 149.2 IRR
05 January 20241 PKR = 149.4 IRR
06 January 20241 PKR = 149.2 IRR
07 January 20241 PKR = 149.2 IRR
08 January 20241 PKR = 152.3 IRR
09 January 20241 PKR = 149.5 IRR
10 January 20241 PKR = 150.1 IRR
11 January 20241 PKR = 149.5 IRR
12 January 20241 PKR = 150.2 IRR
14 January 20241 PKR = 149.8 IRR
15 January 20241 PKR = 152.5 IRR
16 January 20241 PKR = 150.8 IRR
17 January 20241 PKR = 150.5 IRR
18 January 20241 PKR = 150.5 IRR
19 January 20241 PKR = 150.4 IRR
22 January 20241 PKR = 151.0 IRR
23 January 20241 PKR = 150.5 IRR
24 January 20241 PKR = 150.4 IRR
25 January 20241 PKR = 150.4 IRR
26 January 20241 PKR = 150.4 IRR
28 January 20241 PKR = 150.2 IRR
29 January 20241 PKR = 150.9 IRR
30 January 20241 PKR = 150.6 IRR
31 January 20241 PKR = 150.5 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

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.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
PKR IRR July 2023
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PKR IRR January 2024
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