Historic Pakistani rupee Romanian leu

Pakistani rupee romanian leu history for January 2024. The highest quote for this month is 0.016514 (29/01/2024) and the lowest 0.0167 (30/01/2024). The difference between high and low is -1.13.

PKR RON average rate for January 2024 is 0.01629, the change between 01/01/2024 and 31/01/2024 is -1.17 %.

01 January 20241 PKR = 0.0162 RON
02 January 20241 PKR = 0.0162 RON
03 January 20241 PKR = 0.0161 RON
04 January 20241 PKR = 0.0161 RON
05 January 20241 PKR = 0.0161 RON
07 January 20241 PKR = 0.0161 RON
08 January 20241 PKR = 0.0164 RON
09 January 20241 PKR = 0.0161 RON
10 January 20241 PKR = 0.0162 RON
11 January 20241 PKR = 0.0161 RON
12 January 20241 PKR = 0.0162 RON
13 January 20241 PKR = 0.0162 RON
14 January 20241 PKR = 0.0162 RON
15 January 20241 PKR = 0.0165 RON
16 January 20241 PKR = 0.0163 RON
17 January 20241 PKR = 0.0164 RON
18 January 20241 PKR = 0.0164 RON
19 January 20241 PKR = 0.0164 RON
22 January 20241 PKR = 0.0164 RON
23 January 20241 PKR = 0.0164 RON
24 January 20241 PKR = 0.0164 RON
25 January 20241 PKR = 0.0163 RON
26 January 20241 PKR = 0.0164 RON
28 January 20241 PKR = 0.0164 RON
29 January 20241 PKR = 0.0165 RON
30 January 20241 PKR = 0.0164 RON
31 January 20241 PKR = 0.0164 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.