Historic Macedonian Denar Pakistani rupee

Macedonian Denar pakistani rupee history for February 2024. The highest quote for this month is 4.9768 (01/02/2024) and the lowest 4.9765 (03/02/2024). The difference between high and low is 0.01.

MKD PKR average rate for February 2024 is 4.91783, the change between 01/02/2024 and 29/02/2024 is +0.49 %.

01 February 20241 MKD = 4.934 PKR
02 February 20241 MKD = 4.961 PKR
03 February 20241 MKD = 4.927 PKR
04 February 20241 MKD = 4.923 PKR
05 February 20241 MKD = 4.952 PKR
06 February 20241 MKD = 4.852 PKR
07 February 20241 MKD = 4.910 PKR
08 February 20241 MKD = 4.922 PKR
09 February 20241 MKD = 4.917 PKR
12 February 20241 MKD = 4.891 PKR
13 February 20241 MKD = 4.920 PKR
14 February 20241 MKD = 4.884 PKR
15 February 20241 MKD = 4.902 PKR
16 February 20241 MKD = 4.915 PKR
17 February 20241 MKD = 4.897 PKR
18 February 20241 MKD = 4.897 PKR
19 February 20241 MKD = 4.894 PKR
20 February 20241 MKD = 4.852 PKR
21 February 20241 MKD = 4.977 PKR
22 February 20241 MKD = 4.935 PKR
23 February 20241 MKD = 4.940 PKR
24 February 20241 MKD = 4.915 PKR
25 February 20241 MKD = 4.915 PKR
26 February 20241 MKD = 4.963 PKR
27 February 20241 MKD = 4.926 PKR
28 February 20241 MKD = 4.949 PKR
29 February 20241 MKD = 4.910 PKR

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

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.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.