Historic Indian Rupee New Zealand Dollar

Indian Rupee new zealand dollar history for February 2024. The highest quote for this month is 0.019925 (05/02/2024) and the lowest 0.019878 (03/02/2024). The difference between high and low is 0.24.

INR NZD average rate for February 2024 is 0.01967, the change between 01/02/2024 and 29/02/2024 is -0.42 %.

01 February 20241 INR = 0.0197 NZD
02 February 20241 INR = 0.0196 NZD
03 February 20241 INR = 0.0199 NZD
04 February 20241 INR = 0.0199 NZD
05 February 20241 INR = 0.0199 NZD
06 February 20241 INR = 0.0199 NZD
07 February 20241 INR = 0.0197 NZD
08 February 20241 INR = 0.0197 NZD
09 February 20241 INR = 0.0197 NZD
10 February 20241 INR = 0.0196 NZD
12 February 20241 INR = 0.0196 NZD
13 February 20241 INR = 0.0197 NZD
14 February 20241 INR = 0.0199 NZD
15 February 20241 INR = 0.0198 NZD
16 February 20241 INR = 0.0197 NZD
17 February 20241 INR = 0.0197 NZD
18 February 20241 INR = 0.0197 NZD
19 February 20241 INR = 0.0196 NZD
20 February 20241 INR = 0.0196 NZD
21 February 20241 INR = 0.0196 NZD
22 February 20241 INR = 0.0195 NZD
23 February 20241 INR = 0.0195 NZD
24 February 20241 INR = 0.0195 NZD
25 February 20241 INR = 0.0195 NZD
26 February 20241 INR = 0.0195 NZD
27 February 20241 INR = 0.0196 NZD
28 February 20241 INR = 0.0195 NZD
29 February 20241 INR = 0.0198 NZD

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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