Historic Pakistani rupee Arab Emirates Dirham

Pakistani rupee arab emirates dirham history for February 2024. The highest quote for this month is 0.013245 (29/02/2024) and the lowest 0.01337 (12/02/2024). The difference between high and low is -0.94.

PKR AED average rate for February 2024 is 0.01319, the change between 01/02/2024 and 29/02/2024 is -0.74 %.

01 February 20241 PKR = 0.0132 AED
02 February 20241 PKR = 0.0132 AED
03 February 20241 PKR = 0.0131 AED
04 February 20241 PKR = 0.0131 AED
05 February 20241 PKR = 0.0132 AED
06 February 20241 PKR = 0.0133 AED
07 February 20241 PKR = 0.0132 AED
08 February 20241 PKR = 0.0132 AED
09 February 20241 PKR = 0.0132 AED
12 February 20241 PKR = 0.0134 AED
13 February 20241 PKR = 0.0132 AED
14 February 20241 PKR = 0.0132 AED
15 February 20241 PKR = 0.0132 AED
16 February 20241 PKR = 0.0132 AED
17 February 20241 PKR = 0.0132 AED
18 February 20241 PKR = 0.0132 AED
19 February 20241 PKR = 0.0132 AED
20 February 20241 PKR = 0.0133 AED
21 February 20241 PKR = 0.0131 AED
22 February 20241 PKR = 0.0132 AED
23 February 20241 PKR = 0.0132 AED
24 February 20241 PKR = 0.0132 AED
25 February 20241 PKR = 0.0132 AED
26 February 20241 PKR = 0.0132 AED
27 February 20241 PKR = 0.0132 AED
28 February 20241 PKR = 0.0132 AED
29 February 20241 PKR = 0.0133 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

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.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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