Historic Swiss franc Pakistani rupee

Swiss franc pakistani rupee history for February 2024. The highest quote for this month is 323 (04/02/2024) and the lowest 322.98 (01/02/2024). The difference between high and low is 0.01.

CHF PKR average rate for February 2024 is 317.8152, the change between 01/02/2024 and 29/02/2024 is +2.58 %.

01 February 20241 CHF = 323.7 PKR
02 February 20241 CHF = 325.4 PKR
04 February 20241 CHF = 322.7 PKR
05 February 20241 CHF = 320.5 PKR
06 February 20241 CHF = 316.8 PKR
07 February 20241 CHF = 321.2 PKR
08 February 20241 CHF = 319.3 PKR
09 February 20241 CHF = 319.5 PKR
10 February 20241 CHF = 319.5 PKR
12 February 20241 CHF = 314.6 PKR
13 February 20241 CHF = 318.6 PKR
14 February 20241 CHF = 314.3 PKR
15 February 20241 CHF = 315.2 PKR
16 February 20241 CHF = 317.2 PKR
19 February 20241 CHF = 315.4 PKR
20 February 20241 CHF = 311.9 PKR
21 February 20241 CHF = 316.9 PKR
22 February 20241 CHF = 317.3 PKR
23 February 20241 CHF = 317.4 PKR
24 February 20241 CHF = 317.1 PKR
25 February 20241 CHF = 317.4 PKR
26 February 20241 CHF = 315.1 PKR
27 February 20241 CHF = 315.6 PKR
28 February 20241 CHF = 317.6 PKR
29 February 20241 CHF = 315.3 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.