Historic Kuwaiti Dinar Pakistani rupee

Kuwaiti Dinar pakistani rupee history for January 2024. The highest quote for this month is 916.49 (02/01/2024) and the lowest 915.85 (06/01/2024). The difference between high and low is 0.07.

KWD PKR average rate for January 2024 is 909.59593, the change between 01/01/2024 and 31/01/2024 is -0.49 %.

01 January 20241 KWD = 903.8 PKR
02 January 20241 KWD = 904.7 PKR
03 January 20241 KWD = 917.0 PKR
04 January 20241 KWD = 916.9 PKR
05 January 20241 KWD = 915.9 PKR
06 January 20241 KWD = 915.5 PKR
07 January 20241 KWD = 915.1 PKR
08 January 20241 KWD = 898.2 PKR
09 January 20241 KWD = 915.3 PKR
10 January 20241 KWD = 911.3 PKR
11 January 20241 KWD = 915.3 PKR
12 January 20241 KWD = 911.6 PKR
14 January 20241 KWD = 912.5 PKR
15 January 20241 KWD = 897.5 PKR
16 January 20241 KWD = 907.7 PKR
17 January 20241 KWD = 908.6 PKR
18 January 20241 KWD = 908.4 PKR
19 January 20241 KWD = 908.6 PKR
22 January 20241 KWD = 905.3 PKR
23 January 20241 KWD = 908.9 PKR
24 January 20241 KWD = 909.8 PKR
25 January 20241 KWD = 910.0 PKR
26 January 20241 KWD = 909.1 PKR
28 January 20241 KWD = 908.8 PKR
29 January 20241 KWD = 906.3 PKR
30 January 20241 KWD = 908.7 PKR
31 January 20241 KWD = 908.3 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.

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.
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