Historic Pakistani rupee Australian dollar

Pakistani rupee australian dollar history for February 2024. The highest quote for this month is 0.005572 (13/02/2024) and the lowest 0.005569 (12/02/2024). The difference between high and low is 0.05.

PKR AUD average rate for February 2024 is 0.0055, the change between 01/02/2024 and 29/02/2024 is -1.78 %.

01 February 20241 PKR = 0.0055 AUD
02 February 20241 PKR = 0.0054 AUD
03 February 20241 PKR = 0.0055 AUD
04 February 20241 PKR = 0.0055 AUD
05 February 20241 PKR = 0.0055 AUD
06 February 20241 PKR = 0.0056 AUD
07 February 20241 PKR = 0.0055 AUD
08 February 20241 PKR = 0.0055 AUD
09 February 20241 PKR = 0.0055 AUD
10 February 20241 PKR = 0.0055 AUD
12 February 20241 PKR = 0.0056 AUD
13 February 20241 PKR = 0.0055 AUD
14 February 20241 PKR = 0.0056 AUD
15 February 20241 PKR = 0.0055 AUD
16 February 20241 PKR = 0.0055 AUD
17 February 20241 PKR = 0.0055 AUD
18 February 20241 PKR = 0.0055 AUD
19 February 20241 PKR = 0.0055 AUD
20 February 20241 PKR = 0.0056 AUD
21 February 20241 PKR = 0.0055 AUD
22 February 20241 PKR = 0.0055 AUD
23 February 20241 PKR = 0.0055 AUD
24 February 20241 PKR = 0.0055 AUD
25 February 20241 PKR = 0.0055 AUD
26 February 20241 PKR = 0.0055 AUD
27 February 20241 PKR = 0.0055 AUD
28 February 20241 PKR = 0.0055 AUD
29 February 20241 PKR = 0.0056 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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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