Historic Pakistani rupee New Zealand Dollar

Pakistani rupee new zealand dollar history for February 2024. The highest quote for this month is 0.005938 (13/02/2024) and the lowest 0.005967 (06/02/2024). The difference between high and low is -0.49.

PKR NZD average rate for February 2024 is 0.00586, the change between 01/02/2024 and 29/02/2024 is -0.97 %.

01 February 20241 PKR = 0.0059 NZD
02 February 20241 PKR = 0.0058 NZD
03 February 20241 PKR = 0.0059 NZD
04 February 20241 PKR = 0.0059 NZD
05 February 20241 PKR = 0.0059 NZD
06 February 20241 PKR = 0.0060 NZD
07 February 20241 PKR = 0.0059 NZD
08 February 20241 PKR = 0.0059 NZD
09 February 20241 PKR = 0.0059 NZD
10 February 20241 PKR = 0.0058 NZD
12 February 20241 PKR = 0.0059 NZD
13 February 20241 PKR = 0.0058 NZD
14 February 20241 PKR = 0.0059 NZD
15 February 20241 PKR = 0.0059 NZD
16 February 20241 PKR = 0.0059 NZD
17 February 20241 PKR = 0.0058 NZD
18 February 20241 PKR = 0.0058 NZD
19 February 20241 PKR = 0.0059 NZD
20 February 20241 PKR = 0.0059 NZD
21 February 20241 PKR = 0.0058 NZD
22 February 20241 PKR = 0.0058 NZD
23 February 20241 PKR = 0.0058 NZD
24 February 20241 PKR = 0.0058 NZD
25 February 20241 PKR = 0.0058 NZD
26 February 20241 PKR = 0.0058 NZD
27 February 20241 PKR = 0.0058 NZD
28 February 20241 PKR = 0.0058 NZD
29 February 20241 PKR = 0.0059 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.