Historic Pakistani rupee Maldivian rufiyaa

Pakistani rupee maldivian rufiyaa history for February 2024. The highest quote for this month is 0.055221 (24/02/2024) and the lowest 0.05539 (19/02/2024). The difference between high and low is -0.31.

PKR MVR average rate for February 2024 is 0.0548, the change between 01/02/2024 and 29/02/2024 is -0.41 %.

01 February 20241 PKR = 0.0547 MVR
02 February 20241 PKR = 0.0546 MVR
03 February 20241 PKR = 0.0551 MVR
04 February 20241 PKR = 0.0552 MVR
05 February 20241 PKR = 0.0549 MVR
06 February 20241 PKR = 0.0553 MVR
07 February 20241 PKR = 0.0545 MVR
08 February 20241 PKR = 0.0547 MVR
09 February 20241 PKR = 0.0545 MVR
12 February 20241 PKR = 0.0551 MVR
13 February 20241 PKR = 0.0543 MVR
14 February 20241 PKR = 0.0543 MVR
15 February 20241 PKR = 0.0545 MVR
16 February 20241 PKR = 0.0546 MVR
17 February 20241 PKR = 0.0552 MVR
18 February 20241 PKR = 0.0552 MVR
19 February 20241 PKR = 0.0549 MVR
20 February 20241 PKR = 0.0554 MVR
21 February 20241 PKR = 0.0544 MVR
22 February 20241 PKR = 0.0545 MVR
23 February 20241 PKR = 0.0544 MVR
24 February 20241 PKR = 0.0552 MVR
25 February 20241 PKR = 0.0552 MVR
26 February 20241 PKR = 0.0547 MVR
27 February 20241 PKR = 0.0548 MVR
28 February 20241 PKR = 0.0545 MVR
29 February 20241 PKR = 0.0549 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

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.
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