Historic Fijian Dollar Pakistani rupee

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.