Historic Nepalese rupee Icelandic Krona

Nepalese rupee icelandic krona history for October 2023. The highest quote for this month is 1.0623 (26/10/2023) and the lowest 1.0585 (26/10/2023). The difference between high and low is 0.36.

NPR ISK average rate for October 2023 is 1.05187, the change between 01/10/2023 and 31/10/2023 is -0.59 %.

02 October 20231 NPR = 1.045 ISK
03 October 20231 NPR = 1.062 ISK
04 October 20231 NPR = 1.057 ISK
05 October 20231 NPR = 1.053 ISK
06 October 20231 NPR = 1.045 ISK
09 October 20231 NPR = 1.044 ISK
10 October 20231 NPR = 1.044 ISK
11 October 20231 NPR = 1.046 ISK
12 October 20231 NPR = 1.046 ISK
13 October 20231 NPR = 1.055 ISK
16 October 20231 NPR = 1.054 ISK
17 October 20231 NPR = 1.051 ISK
18 October 20231 NPR = 1.052 ISK
19 October 20231 NPR = 1.053 ISK
20 October 20231 NPR = 1.048 ISK
23 October 20231 NPR = 1.055 ISK
24 October 20231 NPR = 1.047 ISK
25 October 20231 NPR = 1.055 ISK
26 October 20231 NPR = 1.060 ISK
27 October 20231 NPR = 1.059 ISK
30 October 20231 NPR = 1.058 ISK
31 October 20231 NPR = 1.052 ISK

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

20/09/2015: Adoption of New Constitution

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

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

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

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

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

30/12/1972: Reintroduction of Nepalese Rupee

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

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

07/04/1932: Introduction of Nepalese Rupee

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

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.