United States dollar pakistani rupee history for August 2023. The highest quote for this month is 302.06 (28/08/2023) and the lowest 301.53 (28/08/2023). The difference between high and low is 0.18.
USD PKR average rate for August 2023 is 289.1825, the change between 01/08/2023 and 31/08/2023 is -5.34 %.
01 August 2023 | 1 USD = 286.4 PKR |
04 August 2023 | 1 USD = 288.5 PKR |
07 August 2023 | 1 USD = 280.2 PKR |
08 August 2023 | 1 USD = 282.1 PKR |
10 August 2023 | 1 USD = 286.0 PKR |
12 August 2023 | 1 USD = 287.3 PKR |
14 August 2023 | 1 USD = 288.0 PKR |
15 August 2023 | 1 USD = 287.7 PKR |
17 August 2023 | 1 USD = 293.0 PKR |
20 August 2023 | 1 USD = 294.5 PKR |
21 August 2023 | 1 USD = 294.8 PKR |
28 August 2023 | 1 USD = 301.7 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.
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.
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.
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.