Pakistani rupee new zealand dollar exchange rate history (PKR NZD) October 2023

Pakistani rupee new zealand dollar history for October 2023. The highest quote for this month is 0.006246 (30/10/2023) and the lowest 0.00625 (20/10/2023). The difference between high and low is -0.06.

PKR NZD average rate for October 2023 is 0.00606, the change between 01/10/2023 and 31/10/2023 is -5.23 %.

01 October 2023	1 PKR = 0.0058 NZD
02 October 2023	1 PKR = 0.0058 NZD
03 October 2023	1 PKR = 0.0059 NZD
04 October 2023	1 PKR = 0.0059 NZD
05 October 2023	1 PKR = 0.0059 NZD
06 October 2023	1 PKR = 0.0060 NZD
07 October 2023	1 PKR = 0.0059 NZD
09 October 2023	1 PKR = 0.0061 NZD
10 October 2023	1 PKR = 0.0059 NZD
11 October 2023	1 PKR = 0.0059 NZD
12 October 2023	1 PKR = 0.0060 NZD
13 October 2023	1 PKR = 0.0061 NZD
16 October 2023	1 PKR = 0.0061 NZD
17 October 2023	1 PKR = 0.0061 NZD
18 October 2023	1 PKR = 0.0061 NZD
19 October 2023	1 PKR = 0.0061 NZD
20 October 2023	1 PKR = 0.0062 NZD
21 October 2023	1 PKR = 0.0062 NZD
22 October 2023	1 PKR = 0.0062 NZD
23 October 2023	1 PKR = 0.0063 NZD
24 October 2023	1 PKR = 0.0061 NZD
25 October 2023	1 PKR = 0.0061 NZD
26 October 2023	1 PKR = 0.0062 NZD
27 October 2023	1 PKR = 0.0061 NZD
29 October 2023	1 PKR = 0.0061 NZD
30 October 2023	1 PKR = 0.0063 NZD
31 October 2023	1 PKR = 0.0061 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.

Historic Pakistani rupee New Zealand Dollar