New Zealand Dollar indian rupee exchange rate history (NZD INR) December 2023

New Zealand Dollar indian rupee history for December 2023. The highest quote for this month is 52.731 (28/12/2023) and the lowest 55.346 (25/12/2023). The difference between high and low is -4.96.

NZD INR average rate for December 2023 is 51.7311, the change between 01/12/2023 and 31/12/2023 is -1.58 %.

01 December 2023	1 NZD = 51.33 INR
02 December 2023	1 NZD = 51.70 INR
03 December 2023	1 NZD = 51.58 INR
04 December 2023	1 NZD = 51.72 INR
05 December 2023	1 NZD = 51.43 INR
06 December 2023	1 NZD = 51.11 INR
07 December 2023	1 NZD = 51.14 INR
08 December 2023	1 NZD = 51.36 INR
09 December 2023	1 NZD = 51.06 INR
10 December 2023	1 NZD = 51.08 INR
11 December 2023	1 NZD = 51.10 INR
12 December 2023	1 NZD = 51.03 INR
13 December 2023	1 NZD = 51.18 INR
14 December 2023	1 NZD = 51.56 INR
15 December 2023	1 NZD = 51.76 INR
16 December 2023	1 NZD = 51.53 INR
17 December 2023	1 NZD = 51.53 INR
18 December 2023	1 NZD = 51.57 INR
19 December 2023	1 NZD = 51.64 INR
20 December 2023	1 NZD = 52.10 INR
21 December 2023	1 NZD = 52.08 INR
22 December 2023	1 NZD = 52.33 INR
23 December 2023	1 NZD = 52.31 INR
24 December 2023	1 NZD = 52.34 INR
25 December 2023	1 NZD = 52.55 INR
26 December 2023	1 NZD = 52.45 INR
27 December 2023	1 NZD = 52.64 INR
28 December 2023	1 NZD = 52.87 INR
29 December 2023	1 NZD = 52.14 INR

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.

Historic New Zealand Dollar Indian Rupee