Historic Malaysian ringgit Nepalese rupee

Malaysian ringgit nepalese rupee history for January 2024. The highest quote for this month is 28.858 (02/01/2024) and the lowest 28.955 (02/01/2024). The difference between high and low is -0.34.

MYR NPR average rate for January 2024 is 28.18724, the change between 01/01/2024 and 31/01/2024 is +3.31 %.

01 January 20241 MYR = 28.70 NPR
02 January 20241 MYR = 28.73 NPR
03 January 20241 MYR = 28.88 NPR
04 January 20241 MYR = 28.70 NPR
05 January 20241 MYR = 28.40 NPR
06 January 20241 MYR = 28.58 NPR
08 January 20241 MYR = 28.19 NPR
09 January 20241 MYR = 28.27 NPR
10 January 20241 MYR = 28.34 NPR
11 January 20241 MYR = 28.28 NPR
12 January 20241 MYR = 28.27 NPR
13 January 20241 MYR = 28.54 NPR
15 January 20241 MYR = 28.19 NPR
16 January 20241 MYR = 28.05 NPR
17 January 20241 MYR = 28.35 NPR
18 January 20241 MYR = 27.92 NPR
19 January 20241 MYR = 27.88 NPR
22 January 20241 MYR = 27.85 NPR
23 January 20241 MYR = 27.82 NPR
24 January 20241 MYR = 27.81 NPR
25 January 20241 MYR = 27.81 NPR
26 January 20241 MYR = 27.80 NPR
29 January 20241 MYR = 27.82 NPR
30 January 20241 MYR = 27.77 NPR
31 January 20241 MYR = 27.75 NPR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

20/09/2015: Adoption of New Constitution

Nepal adopted a new constitution, resulting in political unrest and affecting the Nepalese Rupee's stability.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

26/10/1999: Maoist Insurgency Begins

The start of the Maoist insurgency in Nepal led to political instability and economic challenges, impacting the value of the Nepalese Rupee.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

08/04/1993: Nepalese Rupee's Peg to Indian Rupee

The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

30/12/1972: Reintroduction of Nepalese Rupee

Nepal reintroduced the Nepalese Rupee as the official currency, separating it from the Indian Rupee.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

12/03/1960: Replacement of Nepalese Rupee

The Nepalese Rupee was replaced by the Indian Rupee as the legal tender in Nepal.

15/12/1959: Nepal Rastra Bank Established

Nepal Rastra Bank, the central bank of Nepal, was established to oversee the monetary system and issue the Nepalese Rupee.

07/04/1932: Introduction of Nepalese Rupee

The Nepalese Rupee was officially introduced as the currency of Nepal, replacing the silver mohar.