Historic Pakistani rupee Iraqi dinar

Pakistani rupee iraqi dinar history for February 2024. The highest quote for this month is 4.7078 (27/02/2024) and the lowest 4.6877 (24/02/2024). The difference between high and low is 0.43.

PKR IQD average rate for February 2024 is 4.67481, the change between 01/02/2024 and 29/02/2024 is +1.46 %.

01 February 20241 PKR = 4.686 IQD
02 February 20241 PKR = 4.687 IQD
03 February 20241 PKR = 4.680 IQD
04 February 20241 PKR = 4.685 IQD
05 February 20241 PKR = 4.657 IQD
06 February 20241 PKR = 4.654 IQD
07 February 20241 PKR = 4.684 IQD
08 February 20241 PKR = 4.685 IQD
09 February 20241 PKR = 4.687 IQD
12 February 20241 PKR = 4.658 IQD
13 February 20241 PKR = 4.688 IQD
14 February 20241 PKR = 4.690 IQD
15 February 20241 PKR = 4.688 IQD
16 February 20241 PKR = 4.687 IQD
17 February 20241 PKR = 4.688 IQD
18 February 20241 PKR = 4.688 IQD
19 February 20241 PKR = 4.616 IQD
20 February 20241 PKR = 4.656 IQD
21 February 20241 PKR = 4.682 IQD
22 February 20241 PKR = 4.688 IQD
23 February 20241 PKR = 4.684 IQD
24 February 20241 PKR = 4.688 IQD
25 February 20241 PKR = 4.688 IQD
26 February 20241 PKR = 4.614 IQD
27 February 20241 PKR = 4.710 IQD
28 February 20241 PKR = 4.687 IQD
29 February 20241 PKR = 4.618 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.
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