Historic Pakistani rupee Macedonian Denar

Pakistani rupee macedonian denar history for February 2024. The highest quote for this month is 0.20552 (13/02/2024) and the lowest 0.20585 (06/02/2024). The difference between high and low is -0.16.

PKR MKD average rate for February 2024 is 0.20335, the change between 01/02/2024 and 29/02/2024 is -0.49 %.

01 February 20241 PKR = 0.2027 MKD
02 February 20241 PKR = 0.2016 MKD
03 February 20241 PKR = 0.2030 MKD
04 February 20241 PKR = 0.2031 MKD
05 February 20241 PKR = 0.2019 MKD
06 February 20241 PKR = 0.2061 MKD
07 February 20241 PKR = 0.2037 MKD
08 February 20241 PKR = 0.2032 MKD
09 February 20241 PKR = 0.2034 MKD
12 February 20241 PKR = 0.2045 MKD
13 February 20241 PKR = 0.2032 MKD
14 February 20241 PKR = 0.2048 MKD
15 February 20241 PKR = 0.2040 MKD
16 February 20241 PKR = 0.2035 MKD
17 February 20241 PKR = 0.2042 MKD
18 February 20241 PKR = 0.2042 MKD
19 February 20241 PKR = 0.2043 MKD
20 February 20241 PKR = 0.2061 MKD
21 February 20241 PKR = 0.2009 MKD
22 February 20241 PKR = 0.2026 MKD
23 February 20241 PKR = 0.2024 MKD
24 February 20241 PKR = 0.2035 MKD
25 February 20241 PKR = 0.2035 MKD
26 February 20241 PKR = 0.2015 MKD
27 February 20241 PKR = 0.2030 MKD
28 February 20241 PKR = 0.2021 MKD
29 February 20241 PKR = 0.2037 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

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.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.