Pakistani rupee iraqi dinar exchange rate history (PKR IQD) December 2023

Pakistani rupee iraqi dinar history for December 2023. The highest quote for this month is 4.658 (04/12/2023) and the lowest 4.634 (24/12/2023). The difference between high and low is 0.52.

PKR IQD average rate for December 2023 is 4.60497, the change between 01/12/2023 and 31/12/2023 is -2.8 %.

01 December 2023	1 PKR = 4.520 IQD
02 December 2023	1 PKR = 4.593 IQD
03 December 2023	1 PKR = 4.593 IQD
04 December 2023	1 PKR = 4.578 IQD
05 December 2023	1 PKR = 4.601 IQD
06 December 2023	1 PKR = 4.602 IQD
07 December 2023	1 PKR = 4.530 IQD
08 December 2023	1 PKR = 4.611 IQD
10 December 2023	1 PKR = 4.614 IQD
11 December 2023	1 PKR = 4.539 IQD
12 December 2023	1 PKR = 4.617 IQD
13 December 2023	1 PKR = 4.544 IQD
14 December 2023	1 PKR = 4.617 IQD
15 December 2023	1 PKR = 4.622 IQD
16 December 2023	1 PKR = 4.620 IQD
17 December 2023	1 PKR = 4.620 IQD
18 December 2023	1 PKR = 4.608 IQD
19 December 2023	1 PKR = 4.605 IQD
20 December 2023	1 PKR = 4.622 IQD
21 December 2023	1 PKR = 4.627 IQD
22 December 2023	1 PKR = 4.629 IQD
23 December 2023	1 PKR = 4.628 IQD
24 December 2023	1 PKR = 4.634 IQD
25 December 2023	1 PKR = 4.622 IQD
26 December 2023	1 PKR = 4.622 IQD
27 December 2023	1 PKR = 4.638 IQD
28 December 2023	1 PKR = 4.638 IQD
29 December 2023	1 PKR = 4.647 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi 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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Pakistani rupee Iraqi dinar