Historic New Zealand Dollar Japanese Yen

New Zealand Dollar japanese yen history for February 2024. The highest quote for this month is 93.227 (24/02/2024) and the lowest 93.358 (23/02/2024). The difference between high and low is -0.14.

NZD JPY average rate for February 2024 is 91.68433, the change between 01/02/2024 and 29/02/2024 is -2.24 %.

01 February 20241 NZD = 89.84 JPY
02 February 20241 NZD = 90.01 JPY
04 February 20241 NZD = 89.96 JPY
05 February 20241 NZD = 90.06 JPY
06 February 20241 NZD = 89.97 JPY
07 February 20241 NZD = 90.17 JPY
08 February 20241 NZD = 90.48 JPY
09 February 20241 NZD = 91.17 JPY
11 February 20241 NZD = 91.65 JPY
12 February 20241 NZD = 91.70 JPY
13 February 20241 NZD = 91.55 JPY
14 February 20241 NZD = 91.31 JPY
15 February 20241 NZD = 91.69 JPY
16 February 20241 NZD = 91.64 JPY
17 February 20241 NZD = 92.01 JPY
18 February 20241 NZD = 92.04 JPY
19 February 20241 NZD = 92.10 JPY
20 February 20241 NZD = 92.31 JPY
21 February 20241 NZD = 92.49 JPY
22 February 20241 NZD = 92.92 JPY
23 February 20241 NZD = 93.23 JPY
24 February 20241 NZD = 93.23 JPY
25 February 20241 NZD = 93.29 JPY
26 February 20241 NZD = 93.11 JPY
27 February 20241 NZD = 92.86 JPY
28 February 20241 NZD = 92.86 JPY
29 February 20241 NZD = 91.86 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

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.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

10/07/2005: Polymer Banknotes Introduced

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

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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.
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