Historic Romanian leu Pakistani rupee

Romanian leu pakistani rupee history for December 2023. The highest quote for this month is 62.836 (28/12/2023) and the lowest 62.724 (27/12/2023). The difference between high and low is 0.18.

RON PKR average rate for December 2023 is 61.98522, the change between 01/12/2023 and 31/12/2023 is -0.88 %.

01 December 20231 RON = 62.20 PKR
03 December 20231 RON = 62.45 PKR
04 December 20231 RON = 61.16 PKR
05 December 20231 RON = 62.09 PKR
06 December 20231 RON = 61.86 PKR
07 December 20231 RON = 61.44 PKR
08 December 20231 RON = 61.67 PKR
09 December 20231 RON = 61.59 PKR
10 December 20231 RON = 61.48 PKR
11 December 20231 RON = 61.30 PKR
12 December 20231 RON = 61.45 PKR
13 December 20231 RON = 61.34 PKR
14 December 20231 RON = 62.14 PKR
15 December 20231 RON = 62.60 PKR
16 December 20231 RON = 62.12 PKR
17 December 20231 RON = 62.17 PKR
18 December 20231 RON = 61.48 PKR
19 December 20231 RON = 61.21 PKR
20 December 20231 RON = 62.57 PKR
21 December 20231 RON = 62.31 PKR
22 December 20231 RON = 62.65 PKR
24 December 20231 RON = 62.55 PKR
25 December 20231 RON = 61.59 PKR
26 December 20231 RON = 61.66 PKR
27 December 20231 RON = 62.73 PKR
28 December 20231 RON = 63.04 PKR
29 December 20231 RON = 62.75 PKR

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.
RON PKR July 2023
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