Panamanian Balboa pakistani rupee exchange rate history (PAB PKR) October 2023

Panamanian Balboa pakistani rupee history for October 2023. The highest quote for this month is 294.2 (02/10/2023) and the lowest 292.27 (02/10/2023). The difference between high and low is 0.66.

PAB PKR average rate for October 2023 is 285.40037, the change between 01/10/2023 and 31/10/2023 is -0.05 %.

01 October 2023	1 PAB = 287.6 PKR
02 October 2023	1 PAB = 294.2 PKR
03 October 2023	1 PAB = 293.3 PKR
04 October 2023	1 PAB = 292.1 PKR
05 October 2023	1 PAB = 291.5 PKR
06 October 2023	1 PAB = 285.1 PKR
07 October 2023	1 PAB = 283.5 PKR
09 October 2023	1 PAB = 284.1 PKR
10 October 2023	1 PAB = 286.7 PKR
11 October 2023	1 PAB = 286.9 PKR
12 October 2023	1 PAB = 285.7 PKR
13 October 2023	1 PAB = 284.7 PKR
16 October 2023	1 PAB = 282.7 PKR
17 October 2023	1 PAB = 283.0 PKR
18 October 2023	1 PAB = 283.1 PKR
19 October 2023	1 PAB = 285.0 PKR
20 October 2023	1 PAB = 285.2 PKR
21 October 2023	1 PAB = 278.4 PKR
22 October 2023	1 PAB = 278.4 PKR
23 October 2023	1 PAB = 280.6 PKR
24 October 2023	1 PAB = 284.9 PKR
25 October 2023	1 PAB = 285.7 PKR
26 October 2023	1 PAB = 286.4 PKR
27 October 2023	1 PAB = 286.4 PKR
29 October 2023	1 PAB = 280.4 PKR
30 October 2023	1 PAB = 282.7 PKR
31 October 2023	1 PAB = 287.7 PKR

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.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

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.

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.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

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.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.

Historic Panamanian Balboa Pakistani rupee