Historic Pakistani rupee South Korean Won

Pakistani rupee south korean won history for February 2024. The highest quote for this month is 4.8212 (29/02/2024) and the lowest 4.8321 (12/02/2024). The difference between high and low is -0.23.

PKR KRW average rate for February 2024 is 4.78135, the change between 01/02/2024 and 29/02/2024 is -0.7 %.

01 February 20241 PKR = 4.779 KRW
02 February 20241 PKR = 4.762 KRW
03 February 20241 PKR = 4.784 KRW
04 February 20241 PKR = 4.788 KRW
05 February 20241 PKR = 4.814 KRW
06 February 20241 PKR = 4.834 KRW
07 February 20241 PKR = 4.751 KRW
08 February 20241 PKR = 4.759 KRW
09 February 20241 PKR = 4.771 KRW
10 February 20241 PKR = 4.754 KRW
12 February 20241 PKR = 4.836 KRW
13 February 20241 PKR = 4.762 KRW
14 February 20241 PKR = 4.807 KRW
15 February 20241 PKR = 4.753 KRW
16 February 20241 PKR = 4.757 KRW
17 February 20241 PKR = 4.767 KRW
18 February 20241 PKR = 4.767 KRW
19 February 20241 PKR = 4.794 KRW
20 February 20241 PKR = 4.843 KRW
21 February 20241 PKR = 4.774 KRW
22 February 20241 PKR = 4.777 KRW
23 February 20241 PKR = 4.753 KRW
24 February 20241 PKR = 4.763 KRW
25 February 20241 PKR = 4.763 KRW
26 February 20241 PKR = 4.790 KRW
27 February 20241 PKR = 4.795 KRW
28 February 20241 PKR = 4.772 KRW
29 February 20241 PKR = 4.812 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
PKR KRW July 2023
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