Historic Swiss franc Pakistani rupee

Swiss franc pakistani rupee history for December 2023. The highest quote for this month is 334.72 (28/12/2023) and the lowest 333.19 (27/12/2023). The difference between high and low is 0.46.

CHF PKR average rate for December 2023 is 326.19346, the change between 01/12/2023 and 31/12/2023 is -2.96 %.

01 December 20231 CHF = 324.2 PKR
02 December 20231 CHF = 327.8 PKR
03 December 20231 CHF = 327.8 PKR
04 December 20231 CHF = 323.0 PKR
05 December 20231 CHF = 325.8 PKR
06 December 20231 CHF = 324.9 PKR
07 December 20231 CHF = 323.8 PKR
08 December 20231 CHF = 324.1 PKR
10 December 20231 CHF = 322.4 PKR
11 December 20231 CHF = 321.4 PKR
12 December 20231 CHF = 322.9 PKR
13 December 20231 CHF = 322.4 PKR
14 December 20231 CHF = 325.3 PKR
15 December 20231 CHF = 326.4 PKR
18 December 20231 CHF = 321.4 PKR
19 December 20231 CHF = 320.9 PKR
20 December 20231 CHF = 329.0 PKR
21 December 20231 CHF = 327.8 PKR
22 December 20231 CHF = 330.0 PKR
23 December 20231 CHF = 330.9 PKR
24 December 20231 CHF = 330.2 PKR
25 December 20231 CHF = 325.0 PKR
26 December 20231 CHF = 324.7 PKR
27 December 20231 CHF = 330.4 PKR
28 December 20231 CHF = 334.8 PKR
29 December 20231 CHF = 333.8 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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