Historic Pakistani rupee Moroccan dirham

Pakistani rupee moroccan dirham history for February 2024. The highest quote for this month is 0.036204 (27/02/2024) and the lowest 0.036031 (17/02/2024). The difference between high and low is 0.48.

PKR MAD average rate for February 2024 is 0.03581, the change between 01/02/2024 and 29/02/2024 is +1.22 %.

01 February 20241 PKR = 0.0358 MAD
02 February 20241 PKR = 0.0358 MAD
03 February 20241 PKR = 0.0359 MAD
04 February 20241 PKR = 0.0359 MAD
05 February 20241 PKR = 0.0351 MAD
06 February 20241 PKR = 0.0354 MAD
07 February 20241 PKR = 0.0361 MAD
08 February 20241 PKR = 0.0361 MAD
09 February 20241 PKR = 0.0360 MAD
12 February 20241 PKR = 0.0353 MAD
13 February 20241 PKR = 0.0360 MAD
14 February 20241 PKR = 0.0361 MAD
15 February 20241 PKR = 0.0361 MAD
16 February 20241 PKR = 0.0360 MAD
17 February 20241 PKR = 0.0360 MAD
18 February 20241 PKR = 0.0360 MAD
19 February 20241 PKR = 0.0351 MAD
20 February 20241 PKR = 0.0355 MAD
21 February 20241 PKR = 0.0361 MAD
22 February 20241 PKR = 0.0361 MAD
23 February 20241 PKR = 0.0360 MAD
24 February 20241 PKR = 0.0360 MAD
25 February 20241 PKR = 0.0360 MAD
26 February 20241 PKR = 0.0350 MAD
27 February 20241 PKR = 0.0361 MAD
28 February 20241 PKR = 0.0360 MAD
29 February 20241 PKR = 0.0354 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.
PKR MAD July 2023
PKR MAD August 2023
PKR MAD September 2023
PKR MAD October 2023
PKR MAD November 2023
PKR MAD December 2023
PKR MAD January 2024
PKR MAD February 2024
PKR MAD March 2024
PKR MAD April 2024
PKR MAD May 2024
PKR MAD June 2024
PKR MAD July 2024