Pakistani rupee iranian rial exchange rate history (PKR IRR) October 2023

Pakistani rupee iranian rial history for October 2023. The highest quote for this month is 152.41 (30/10/2023) and the lowest 153.62 (31/10/2023). The difference between high and low is -0.79.

PKR IRR average rate for October 2023 is 150.18185, the change between 01/10/2023 and 31/10/2023 is -2.51 %.

01 October 2023	1 PKR = 146.1 IRR
02 October 2023	1 PKR = 145.9 IRR
03 October 2023	1 PKR = 146.7 IRR
04 October 2023	1 PKR = 147.2 IRR
05 October 2023	1 PKR = 147.9 IRR
06 October 2023	1 PKR = 151.4 IRR
07 October 2023	1 PKR = 148.2 IRR
09 October 2023	1 PKR = 152.2 IRR
10 October 2023	1 PKR = 150.2 IRR
11 October 2023	1 PKR = 150.0 IRR
12 October 2023	1 PKR = 150.5 IRR
13 October 2023	1 PKR = 151.1 IRR
16 October 2023	1 PKR = 152.2 IRR
17 October 2023	1 PKR = 152.0 IRR
18 October 2023	1 PKR = 152.2 IRR
19 October 2023	1 PKR = 151.0 IRR
20 October 2023	1 PKR = 151.0 IRR
21 October 2023	1 PKR = 150.9 IRR
22 October 2023	1 PKR = 150.9 IRR
23 October 2023	1 PKR = 153.6 IRR
24 October 2023	1 PKR = 151.0 IRR
25 October 2023	1 PKR = 150.5 IRR
26 October 2023	1 PKR = 150.2 IRR
27 October 2023	1 PKR = 150.2 IRR
29 October 2023	1 PKR = 149.8 IRR
30 October 2023	1 PKR = 152.6 IRR
31 October 2023	1 PKR = 149.7 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.

Historic Pakistani rupee Iranian Rial