Historic Pakistani rupee Iranian Rial

Pakistani rupee iranian rial history for February 2024. The highest quote for this month is 151.56 (29/02/2024) and the lowest 152.93 (12/02/2024). The difference between high and low is -0.9.

PKR IRR average rate for February 2024 is 150.84667, the change between 01/02/2024 and 29/02/2024 is -0.76 %.

01 February 20241 PKR = 150.5 IRR
02 February 20241 PKR = 150.5 IRR
03 February 20241 PKR = 150.2 IRR
04 February 20241 PKR = 150.3 IRR
05 February 20241 PKR = 151.2 IRR
06 February 20241 PKR = 152.3 IRR
07 February 20241 PKR = 150.4 IRR
08 February 20241 PKR = 150.5 IRR
09 February 20241 PKR = 150.6 IRR
12 February 20241 PKR = 152.7 IRR
13 February 20241 PKR = 150.5 IRR
14 February 20241 PKR = 150.6 IRR
15 February 20241 PKR = 150.5 IRR
16 February 20241 PKR = 150.5 IRR
17 February 20241 PKR = 150.4 IRR
18 February 20241 PKR = 150.4 IRR
19 February 20241 PKR = 151.2 IRR
20 February 20241 PKR = 152.6 IRR
21 February 20241 PKR = 150.4 IRR
22 February 20241 PKR = 150.6 IRR
23 February 20241 PKR = 150.4 IRR
24 February 20241 PKR = 150.4 IRR
25 February 20241 PKR = 150.4 IRR
26 February 20241 PKR = 151.3 IRR
27 February 20241 PKR = 151.2 IRR
28 February 20241 PKR = 150.5 IRR
29 February 20241 PKR = 151.7 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

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.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
PKR IRR January 2024
PKR IRR February 2024
PKR IRR March 2024
PKR IRR April 2024
PKR IRR May 2024
PKR IRR June 2024
PKR IRR July 2024
PKR IRR August 2024
PKR IRR September 2024
PKR IRR October 2024
PKR IRR November 2024
PKR IRR December 2024
PKR IRR January 2025