Pakistani rupee moroccan dirham exchange rate history (PKR MAD) December 2023

Pakistani rupee moroccan dirham history for December 2023. The highest quote for this month is 0.035969 (14/12/2023) and the lowest 0.035811 (26/12/2023). The difference between high and low is 0.44.

PKR MAD average rate for December 2023 is 0.03524, the change between 01/12/2023 and 31/12/2023 is -2 %.

01 December 2023	1 PKR = 0.0344 MAD
02 December 2023	1 PKR = 0.0354 MAD
03 December 2023	1 PKR = 0.0354 MAD
04 December 2023	1 PKR = 0.0348 MAD
05 December 2023	1 PKR = 0.0354 MAD
06 December 2023	1 PKR = 0.0355 MAD
07 December 2023	1 PKR = 0.0356 MAD
08 December 2023	1 PKR = 0.0356 MAD
10 December 2023	1 PKR = 0.0358 MAD
11 December 2023	1 PKR = 0.0348 MAD
12 December 2023	1 PKR = 0.0348 MAD
13 December 2023	1 PKR = 0.0349 MAD
14 December 2023	1 PKR = 0.0360 MAD
15 December 2023	1 PKR = 0.0356 MAD
16 December 2023	1 PKR = 0.0357 MAD
17 December 2023	1 PKR = 0.0357 MAD
18 December 2023	1 PKR = 0.0351 MAD
19 December 2023	1 PKR = 0.0352 MAD
20 December 2023	1 PKR = 0.0357 MAD
21 December 2023	1 PKR = 0.0355 MAD
22 December 2023	1 PKR = 0.0352 MAD
23 December 2023	1 PKR = 0.0351 MAD
24 December 2023	1 PKR = 0.0351 MAD
25 December 2023	1 PKR = 0.0345 MAD
26 December 2023	1 PKR = 0.0345 MAD
27 December 2023	1 PKR = 0.0351 MAD
28 December 2023	1 PKR = 0.0347 MAD
29 December 2023	1 PKR = 0.0351 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced 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.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.

Historic Pakistani rupee Moroccan dirham