Historic Pakistani rupee Iraqi dinar

Pakistani rupee iraqi dinar history for January 2024. The highest quote for this month is 4.6882 (31/01/2024) and the lowest 4.6824 (28/01/2024). The difference between high and low is 0.12.

PKR IQD average rate for January 2024 is 4.64892, the change between 01/01/2024 and 31/01/2024 is -1.22 %.

01 January 20241 PKR = 4.632 IQD
02 January 20241 PKR = 4.632 IQD
03 January 20241 PKR = 4.647 IQD
04 January 20241 PKR = 4.647 IQD
05 January 20241 PKR = 4.651 IQD
06 January 20241 PKR = 4.648 IQD
07 January 20241 PKR = 4.650 IQD
08 January 20241 PKR = 4.637 IQD
09 January 20241 PKR = 4.657 IQD
10 January 20241 PKR = 4.583 IQD
11 January 20241 PKR = 4.655 IQD
12 January 20241 PKR = 4.587 IQD
14 January 20241 PKR = 4.670 IQD
15 January 20241 PKR = 4.651 IQD
16 January 20241 PKR = 4.601 IQD
17 January 20241 PKR = 4.600 IQD
18 January 20241 PKR = 4.688 IQD
19 January 20241 PKR = 4.684 IQD
22 January 20241 PKR = 4.606 IQD
23 January 20241 PKR = 4.684 IQD
24 January 20241 PKR = 4.680 IQD
25 January 20241 PKR = 4.680 IQD
26 January 20241 PKR = 4.684 IQD
28 January 20241 PKR = 4.682 IQD
29 January 20241 PKR = 4.612 IQD
30 January 20241 PKR = 4.687 IQD
31 January 20241 PKR = 4.688 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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