Historic Nepalese rupee New Zealand Dollar

Nepalese rupee new zealand dollar history for February 2024. The highest quote for this month is 0.012591 (13/02/2024) and the lowest 0.012527 (06/02/2024). The difference between high and low is 0.51.

NPR NZD average rate for February 2024 is 0.01243, the change between 01/02/2024 and 29/02/2024 is -0.42 %.

01 February 20241 NPR = 0.0125 NZD
02 February 20241 NPR = 0.0124 NZD
03 February 20241 NPR = 0.0124 NZD
05 February 20241 NPR = 0.0125 NZD
06 February 20241 NPR = 0.0126 NZD
07 February 20241 NPR = 0.0125 NZD
08 February 20241 NPR = 0.0125 NZD
09 February 20241 NPR = 0.0125 NZD
10 February 20241 NPR = 0.0123 NZD
12 February 20241 NPR = 0.0124 NZD
13 February 20241 NPR = 0.0125 NZD
14 February 20241 NPR = 0.0126 NZD
15 February 20241 NPR = 0.0125 NZD
16 February 20241 NPR = 0.0125 NZD
19 February 20241 NPR = 0.0124 NZD
20 February 20241 NPR = 0.0124 NZD
21 February 20241 NPR = 0.0124 NZD
22 February 20241 NPR = 0.0123 NZD
23 February 20241 NPR = 0.0123 NZD
26 February 20241 NPR = 0.0123 NZD
27 February 20241 NPR = 0.0124 NZD
28 February 20241 NPR = 0.0124 NZD
29 February 20241 NPR = 0.0125 NZD

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.

20/09/2015: Adoption of New Constitution

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

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.

10/07/2005: Polymer Banknotes Introduced

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

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.

05/10/1987: 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.

30/12/1972: Reintroduction of Nepalese Rupee

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

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.

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.

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.

07/04/1932: Introduction of Nepalese Rupee

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