Pakistani rupee arab emirates dirham exchange rate history (PKR AED) August 2023

Pakistani rupee arab emirates dirham history for August 2023. The highest quote for this month is 0.013016 (07/08/2023) and the lowest 0.013099 (07/08/2023). The difference between high and low is -0.64.

PKR AED average rate for August 2023 is 0.01259, the change between 01/08/2023 and 31/08/2023 is +5.55 %.

01 August 2023	1 PKR = 0.0128 AED
02 August 2023	1 PKR = 0.0128 AED
03 August 2023	1 PKR = 0.0129 AED
04 August 2023	1 PKR = 0.0127 AED
07 August 2023	1 PKR = 0.0131 AED
08 August 2023	1 PKR = 0.0130 AED
09 August 2023	1 PKR = 0.0128 AED
10 August 2023	1 PKR = 0.0128 AED
11 August 2023	1 PKR = 0.0128 AED
12 August 2023	1 PKR = 0.0128 AED
14 August 2023	1 PKR = 0.0127 AED
15 August 2023	1 PKR = 0.0128 AED
16 August 2023	1 PKR = 0.0126 AED
17 August 2023	1 PKR = 0.0125 AED
18 August 2023	1 PKR = 0.0125 AED
19 August 2023	1 PKR = 0.0125 AED
20 August 2023	1 PKR = 0.0125 AED
21 August 2023	1 PKR = 0.0125 AED
22 August 2023	1 PKR = 0.0124 AED
23 August 2023	1 PKR = 0.0124 AED
24 August 2023	1 PKR = 0.0124 AED
25 August 2023	1 PKR = 0.0123 AED
28 August 2023	1 PKR = 0.0122 AED
29 August 2023	1 PKR = 0.0122 AED
30 August 2023	1 PKR = 0.0121 AED
31 August 2023	1 PKR = 0.0121 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

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.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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 Arab Emirates Dirham