Historic Pakistani rupee Romanian leu

Pakistani rupee romanian leu history for February 2024. The highest quote for this month is 0.016716 (13/02/2024) and the lowest 0.016742 (09/02/2024). The difference between high and low is -0.16.

PKR RON average rate for February 2024 is 0.01654, the change between 01/02/2024 and 29/02/2024 is -0.26 %.

01 February 20241 PKR = 0.0165 RON
02 February 20241 PKR = 0.0164 RON
03 February 20241 PKR = 0.0165 RON
04 February 20241 PKR = 0.0165 RON
05 February 20241 PKR = 0.0166 RON
06 February 20241 PKR = 0.0168 RON
07 February 20241 PKR = 0.0165 RON
08 February 20241 PKR = 0.0165 RON
09 February 20241 PKR = 0.0165 RON
10 February 20241 PKR = 0.0165 RON
12 February 20241 PKR = 0.0168 RON
13 February 20241 PKR = 0.0165 RON
14 February 20241 PKR = 0.0166 RON
15 February 20241 PKR = 0.0166 RON
16 February 20241 PKR = 0.0165 RON
17 February 20241 PKR = 0.0165 RON
18 February 20241 PKR = 0.0165 RON
19 February 20241 PKR = 0.0166 RON
20 February 20241 PKR = 0.0168 RON
21 February 20241 PKR = 0.0165 RON
22 February 20241 PKR = 0.0165 RON
23 February 20241 PKR = 0.0164 RON
24 February 20241 PKR = 0.0165 RON
25 February 20241 PKR = 0.0165 RON
26 February 20241 PKR = 0.0166 RON
27 February 20241 PKR = 0.0165 RON
28 February 20241 PKR = 0.0164 RON
29 February 20241 PKR = 0.0165 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
PKR RON July 2023
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