Historic Pakistani rupee Swiss franc

Pakistani rupee swiss franc history for January 2024. The highest quote for this month is 0.003125 (23/01/2024) and the lowest 0.003156 (19/01/2024). The difference between high and low is -0.99.

PKR CHF average rate for January 2024 is 0.00307, the change between 01/01/2024 and 31/01/2024 is -1.88 %.

01 January 20241 PKR = 0.0030 CHF
02 January 20241 PKR = 0.0030 CHF
03 January 20241 PKR = 0.0030 CHF
04 January 20241 PKR = 0.0030 CHF
05 January 20241 PKR = 0.0030 CHF
08 January 20241 PKR = 0.0031 CHF
09 January 20241 PKR = 0.0030 CHF
10 January 20241 PKR = 0.0030 CHF
11 January 20241 PKR = 0.0030 CHF
12 January 20241 PKR = 0.0030 CHF
14 January 20241 PKR = 0.0030 CHF
15 January 20241 PKR = 0.0031 CHF
16 January 20241 PKR = 0.0031 CHF
17 January 20241 PKR = 0.0031 CHF
18 January 20241 PKR = 0.0031 CHF
19 January 20241 PKR = 0.0031 CHF
22 January 20241 PKR = 0.0031 CHF
23 January 20241 PKR = 0.0031 CHF
24 January 20241 PKR = 0.0031 CHF
25 January 20241 PKR = 0.0031 CHF
26 January 20241 PKR = 0.0031 CHF
28 January 20241 PKR = 0.0031 CHF
29 January 20241 PKR = 0.0031 CHF
30 January 20241 PKR = 0.0031 CHF
31 January 20241 PKR = 0.0031 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.