Historic South African rand Pakistani rupee

South African rand pakistani rupee history for February 2024. The highest quote for this month is 14.867 (01/02/2024) and the lowest 14.92 (01/02/2024). The difference between high and low is -0.36.

ZAR PKR average rate for February 2024 is 14.67768, the change between 01/02/2024 and 29/02/2024 is +4.03 %.

01 February 20241 ZAR = 15.00 PKR
02 February 20241 ZAR = 15.03 PKR
03 February 20241 ZAR = 14.80 PKR
04 February 20241 ZAR = 14.80 PKR
05 February 20241 ZAR = 14.72 PKR
06 February 20241 ZAR = 14.48 PKR
07 February 20241 ZAR = 14.84 PKR
08 February 20241 ZAR = 14.76 PKR
09 February 20241 ZAR = 14.71 PKR
10 February 20241 ZAR = 14.69 PKR
12 February 20241 ZAR = 14.49 PKR
13 February 20241 ZAR = 14.76 PKR
14 February 20241 ZAR = 14.62 PKR
15 February 20241 ZAR = 14.66 PKR
16 February 20241 ZAR = 14.74 PKR
17 February 20241 ZAR = 14.82 PKR
18 February 20241 ZAR = 14.82 PKR
19 February 20241 ZAR = 14.76 PKR
20 February 20241 ZAR = 14.54 PKR
21 February 20241 ZAR = 14.78 PKR
22 February 20241 ZAR = 14.77 PKR
23 February 20241 ZAR = 14.58 PKR
24 February 20241 ZAR = 14.49 PKR
25 February 20241 ZAR = 14.47 PKR
26 February 20241 ZAR = 14.38 PKR
27 February 20241 ZAR = 14.46 PKR
28 February 20241 ZAR = 14.64 PKR
29 February 20241 ZAR = 14.39 PKR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.
ZAR PKR July 2023
ZAR PKR August 2023
ZAR PKR September 2023
ZAR PKR October 2023
ZAR PKR November 2023
ZAR PKR December 2023
ZAR PKR January 2024
ZAR PKR February 2024
ZAR PKR March 2024
ZAR PKR April 2024
ZAR PKR May 2024
ZAR PKR June 2024
ZAR PKR July 2024