Historic Pakistani rupee South Korean Won

Pakistani rupee south korean won history for January 2024. The highest quote for this month is 4.8359 (17/01/2024) and the lowest 4.8583 (18/01/2024). The difference between high and low is -0.46.

PKR KRW average rate for January 2024 is 4.72994, the change between 01/01/2024 and 31/01/2024 is -1.93 %.

01 January 20241 PKR = 4.665 KRW
02 January 20241 PKR = 4.661 KRW
03 January 20241 PKR = 4.645 KRW
04 January 20241 PKR = 4.652 KRW
05 January 20241 PKR = 4.662 KRW
06 January 20241 PKR = 4.671 KRW
07 January 20241 PKR = 4.669 KRW
08 January 20241 PKR = 4.761 KRW
09 January 20241 PKR = 4.670 KRW
10 January 20241 PKR = 4.718 KRW
11 January 20241 PKR = 4.689 KRW
12 January 20241 PKR = 4.691 KRW
13 January 20241 PKR = 4.672 KRW
14 January 20241 PKR = 4.685 KRW
15 January 20241 PKR = 4.767 KRW
16 January 20241 PKR = 4.739 KRW
17 January 20241 PKR = 4.792 KRW
18 January 20241 PKR = 4.813 KRW
19 January 20241 PKR = 4.790 KRW
22 January 20241 PKR = 4.792 KRW
23 January 20241 PKR = 4.794 KRW
24 January 20241 PKR = 4.783 KRW
25 January 20241 PKR = 4.758 KRW
26 January 20241 PKR = 4.784 KRW
28 January 20241 PKR = 4.782 KRW
29 January 20241 PKR = 4.803 KRW
30 January 20241 PKR = 4.777 KRW
31 January 20241 PKR = 4.755 KRW

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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.