Brazilian Real pakistani rupee exchange rate history (BRL PKR) December 2023

Brazilian Real pakistani rupee history for December 2023. The highest quote for this month is 58.355 (02/12/2023) and the lowest 58.458 (02/12/2023). The difference between high and low is -0.18.

BRL PKR average rate for December 2023 is 57.67131, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 2023	1 BRL = 57.60 PKR
02 December 2023	1 BRL = 58.46 PKR
03 December 2023	1 BRL = 58.36 PKR
04 December 2023	1 BRL = 57.19 PKR
05 December 2023	1 BRL = 57.52 PKR
06 December 2023	1 BRL = 57.68 PKR
07 December 2023	1 BRL = 57.78 PKR
08 December 2023	1 BRL = 57.78 PKR
09 December 2023	1 BRL = 57.70 PKR
10 December 2023	1 BRL = 57.59 PKR
11 December 2023	1 BRL = 57.78 PKR
12 December 2023	1 BRL = 57.43 PKR
13 December 2023	1 BRL = 56.84 PKR
14 December 2023	1 BRL = 57.60 PKR
15 December 2023	1 BRL = 57.58 PKR
16 December 2023	1 BRL = 57.31 PKR
17 December 2023	1 BRL = 57.31 PKR
18 December 2023	1 BRL = 56.88 PKR
19 December 2023	1 BRL = 56.84 PKR
20 December 2023	1 BRL = 58.15 PKR
21 December 2023	1 BRL = 57.52 PKR
22 December 2023	1 BRL = 57.89 PKR
23 December 2023	1 BRL = 58.30 PKR
24 December 2023	1 BRL = 58.23 PKR
25 December 2023	1 BRL = 57.06 PKR
26 December 2023	1 BRL = 57.06 PKR
27 December 2023	1 BRL = 58.59 PKR
28 December 2023	1 BRL = 58.43 PKR
29 December 2023	1 BRL = 58.04 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

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.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

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.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

Historic Brazilian Real Pakistani rupee