Malaysian ringgit pakistani rupee exchange rate history (MYR PKR) November 2023

Malaysian ringgit pakistani rupee history for November 2023. The highest quote for this month is 61.336 (18/11/2023) and the lowest 61.336 (18/11/2023). The difference between high and low is 0.

MYR PKR average rate for November 2023 is 60.66263, the change between 01/11/2023 and 30/11/2023 is -3.57 %.

01 November 2023	1 MYR = 58.97 PKR
02 November 2023	1 MYR = 59.08 PKR
03 November 2023	1 MYR = 59.18 PKR
06 November 2023	1 MYR = 58.59 PKR
07 November 2023	1 MYR = 61.41 PKR
08 November 2023	1 MYR = 61.41 PKR
09 November 2023	1 MYR = 61.20 PKR
10 November 2023	1 MYR = 60.13 PKR
11 November 2023	1 MYR = 61.10 PKR
12 November 2023	1 MYR = 60.97 PKR
13 November 2023	1 MYR = 59.83 PKR
14 November 2023	1 MYR = 60.99 PKR
15 November 2023	1 MYR = 60.94 PKR
16 November 2023	1 MYR = 61.62 PKR
17 November 2023	1 MYR = 61.62 PKR
18 November 2023	1 MYR = 61.34 PKR
19 November 2023	1 MYR = 61.34 PKR
20 November 2023	1 MYR = 60.74 PKR
21 November 2023	1 MYR = 61.88 PKR
22 November 2023	1 MYR = 61.31 PKR
23 November 2023	1 MYR = 60.60 PKR
24 November 2023	1 MYR = 60.03 PKR
26 November 2023	1 MYR = 60.92 PKR
27 November 2023	1 MYR = 59.71 PKR
28 November 2023	1 MYR = 60.87 PKR
29 November 2023	1 MYR = 61.08 PKR
30 November 2023	1 MYR = 61.08 PKR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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 Malaysian ringgit Pakistani rupee