Historic Pakistani rupee Singapore dollar

Pakistani rupee singapore dollar history for December 2023. The highest quote for this month is 0.004782 (22/12/2023) and the lowest 0.004792 (20/12/2023). The difference between high and low is -0.21.

PKR SGD average rate for December 2023 is 0.00472, the change between 01/12/2023 and 31/12/2023 is +0.57 %.

01 December 20231 PKR = 0.0047 SGD
02 December 20231 PKR = 0.0047 SGD
03 December 20231 PKR = 0.0047 SGD
04 December 20231 PKR = 0.0048 SGD
05 December 20231 PKR = 0.0047 SGD
06 December 20231 PKR = 0.0047 SGD
07 December 20231 PKR = 0.0047 SGD
08 December 20231 PKR = 0.0047 SGD
09 December 20231 PKR = 0.0047 SGD
10 December 20231 PKR = 0.0047 SGD
11 December 20231 PKR = 0.0047 SGD
12 December 20231 PKR = 0.0047 SGD
13 December 20231 PKR = 0.0048 SGD
14 December 20231 PKR = 0.0047 SGD
15 December 20231 PKR = 0.0047 SGD
16 December 20231 PKR = 0.0047 SGD
17 December 20231 PKR = 0.0047 SGD
18 December 20231 PKR = 0.0048 SGD
19 December 20231 PKR = 0.0048 SGD
20 December 20231 PKR = 0.0047 SGD
21 December 20231 PKR = 0.0047 SGD
22 December 20231 PKR = 0.0047 SGD
23 December 20231 PKR = 0.0047 SGD
24 December 20231 PKR = 0.0047 SGD
25 December 20231 PKR = 0.0048 SGD
26 December 20231 PKR = 0.0048 SGD
27 December 20231 PKR = 0.0047 SGD
28 December 20231 PKR = 0.0047 SGD
29 December 20231 PKR = 0.0047 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.