Historic Pakistani rupee South Korean Won

Pakistani rupee south korean won history for November 2023. The highest quote for this month is 4.8987 (01/11/2023) and the lowest 4.8575 (01/11/2023). The difference between high and low is 0.84.

PKR KRW average rate for November 2023 is 4.59429, the change between 01/11/2023 and 30/11/2023 is +6.1 %.

01 November 20231 PKR = 4.810 KRW
02 November 20231 PKR = 4.784 KRW
03 November 20231 PKR = 4.746 KRW
06 November 20231 PKR = 4.723 KRW
07 November 20231 PKR = 4.559 KRW
08 November 20231 PKR = 4.585 KRW
09 November 20231 PKR = 4.566 KRW
10 November 20231 PKR = 4.664 KRW
11 November 20231 PKR = 4.579 KRW
12 November 20231 PKR = 4.588 KRW
13 November 20231 PKR = 4.703 KRW
14 November 20231 PKR = 4.596 KRW
15 November 20231 PKR = 4.537 KRW
16 November 20231 PKR = 4.524 KRW
17 November 20231 PKR = 4.492 KRW
18 November 20231 PKR = 4.511 KRW
19 November 20231 PKR = 4.511 KRW
20 November 20231 PKR = 4.564 KRW
21 November 20231 PKR = 4.465 KRW
22 November 20231 PKR = 4.543 KRW
23 November 20231 PKR = 4.584 KRW
24 November 20231 PKR = 4.632 KRW
26 November 20231 PKR = 4.567 KRW
27 November 20231 PKR = 4.613 KRW
28 November 20231 PKR = 4.570 KRW
29 November 20231 PKR = 4.514 KRW
30 November 20231 PKR = 4.517 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.