Nepalese rupee malaysian ringgit exchange rate history (NPR MYR) August 2023

Nepalese rupee malaysian ringgit history for August 2023. The highest quote for this month is 0.035669 (24/08/2023) and the lowest 0.035663 (24/08/2023). The difference between high and low is 0.02.

NPR MYR average rate for August 2023 is 0.03511, the change between 01/08/2023 and 31/08/2023 is -1.87 %.

01 August 2023	1 NPR = 0.0348 MYR
02 August 2023	1 NPR = 0.0347 MYR
03 August 2023	1 NPR = 0.0348 MYR
04 August 2023	1 NPR = 0.0347 MYR
05 August 2023	1 NPR = 0.0344 MYR
07 August 2023	1 NPR = 0.0350 MYR
08 August 2023	1 NPR = 0.0349 MYR
09 August 2023	1 NPR = 0.0350 MYR
10 August 2023	1 NPR = 0.0349 MYR
11 August 2023	1 NPR = 0.0349 MYR
12 August 2023	1 NPR = 0.0347 MYR
14 August 2023	1 NPR = 0.0349 MYR
15 August 2023	1 NPR = 0.0352 MYR
16 August 2023	1 NPR = 0.0351 MYR
17 August 2023	1 NPR = 0.0352 MYR
18 August 2023	1 NPR = 0.0353 MYR
21 August 2023	1 NPR = 0.0354 MYR
22 August 2023	1 NPR = 0.0354 MYR
23 August 2023	1 NPR = 0.0354 MYR
24 August 2023	1 NPR = 0.0355 MYR
25 August 2023	1 NPR = 0.0356 MYR
28 August 2023	1 NPR = 0.0355 MYR
29 August 2023	1 NPR = 0.0356 MYR
30 August 2023	1 NPR = 0.0355 MYR
31 August 2023	1 NPR = 0.0354 MYR

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.

Historic Nepalese rupee Malaysian ringgit