Historic Pakistani rupee Moroccan dirham

Pakistani rupee moroccan dirham history for January 2024. The highest quote for this month is 0.035901 (30/01/2024) and the lowest 0.035593 (28/01/2024). The difference between high and low is 0.86.

PKR MAD average rate for January 2024 is 0.03525, the change between 01/01/2024 and 31/01/2024 is -3.45 %.

01 January 20241 PKR = 0.0347 MAD
02 January 20241 PKR = 0.0347 MAD
03 January 20241 PKR = 0.0353 MAD
04 January 20241 PKR = 0.0353 MAD
05 January 20241 PKR = 0.0352 MAD
06 January 20241 PKR = 0.0353 MAD
07 January 20241 PKR = 0.0352 MAD
08 January 20241 PKR = 0.0348 MAD
09 January 20241 PKR = 0.0353 MAD
10 January 20241 PKR = 0.0345 MAD
11 January 20241 PKR = 0.0354 MAD
12 January 20241 PKR = 0.0356 MAD
14 January 20241 PKR = 0.0355 MAD
15 January 20241 PKR = 0.0350 MAD
16 January 20241 PKR = 0.0346 MAD
17 January 20241 PKR = 0.0347 MAD
18 January 20241 PKR = 0.0358 MAD
19 January 20241 PKR = 0.0358 MAD
22 January 20241 PKR = 0.0346 MAD
23 January 20241 PKR = 0.0356 MAD
24 January 20241 PKR = 0.0357 MAD
25 January 20241 PKR = 0.0356 MAD
26 January 20241 PKR = 0.0357 MAD
28 January 20241 PKR = 0.0357 MAD
29 January 20241 PKR = 0.0347 MAD
30 January 20241 PKR = 0.0359 MAD
31 January 20241 PKR = 0.0359 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
PKR MAD January 2024
PKR MAD February 2024
PKR MAD March 2024
PKR MAD April 2024
PKR MAD May 2024
PKR MAD June 2024
PKR MAD July 2024
PKR MAD August 2024
PKR MAD September 2024
PKR MAD October 2024
PKR MAD November 2024
PKR MAD December 2024
PKR MAD January 2025