Pakistani rupee qatari rial exchange rate history (PKR QAR) December 2023

Pakistani rupee qatari rial history for December 2023. The highest quote for this month is 0.013114 (22/12/2023) and the lowest 0.013146 (29/12/2023). The difference between high and low is -0.24.

PKR QAR average rate for December 2023 is 0.01289, the change between 01/12/2023 and 31/12/2023 is -0.71 %.

01 December 2023	1 PKR = 0.0128 QAR
02 December 2023	1 PKR = 0.0128 QAR
03 December 2023	1 PKR = 0.0128 QAR
04 December 2023	1 PKR = 0.0130 QAR
05 December 2023	1 PKR = 0.0128 QAR
06 December 2023	1 PKR = 0.0128 QAR
07 December 2023	1 PKR = 0.0128 QAR
08 December 2023	1 PKR = 0.0128 QAR
10 December 2023	1 PKR = 0.0128 QAR
11 December 2023	1 PKR = 0.0129 QAR
12 December 2023	1 PKR = 0.0128 QAR
13 December 2023	1 PKR = 0.0129 QAR
14 December 2023	1 PKR = 0.0128 QAR
15 December 2023	1 PKR = 0.0129 QAR
16 December 2023	1 PKR = 0.0129 QAR
17 December 2023	1 PKR = 0.0129 QAR
18 December 2023	1 PKR = 0.0130 QAR
19 December 2023	1 PKR = 0.0131 QAR
20 December 2023	1 PKR = 0.0129 QAR
21 December 2023	1 PKR = 0.0129 QAR
22 December 2023	1 PKR = 0.0129 QAR
23 December 2023	1 PKR = 0.0129 QAR
24 December 2023	1 PKR = 0.0129 QAR
25 December 2023	1 PKR = 0.0131 QAR
26 December 2023	1 PKR = 0.0131 QAR
27 December 2023	1 PKR = 0.0129 QAR
28 December 2023	1 PKR = 0.0129 QAR
29 December 2023	1 PKR = 0.0129 QAR

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

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.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

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.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

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.

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 Qatari Rial