Icelandic Krona nepalese rupee exchange rate history (ISK NPR) August 2023

Icelandic Krona nepalese rupee history for August 2023. The highest quote for this month is 1.0023 (16/08/2023) and the lowest 1.0048 (10/08/2023). The difference between high and low is -0.25.

ISK NPR average rate for August 2023 is 0.99567, the change between 01/08/2023 and 31/08/2023 is -1.17 %.

01 August 2023	1 ISK = 0.9943 NPR
02 August 2023	1 ISK = 0.9950 NPR
03 August 2023	1 ISK = 0.9914 NPR
04 August 2023	1 ISK = 0.9919 NPR
07 August 2023	1 ISK = 0.9885 NPR
08 August 2023	1 ISK = 0.9937 NPR
09 August 2023	1 ISK = 0.9949 NPR
10 August 2023	1 ISK = 0.9989 NPR
11 August 2023	1 ISK = 0.9977 NPR
14 August 2023	1 ISK = 0.9969 NPR
15 August 2023	1 ISK = 0.9957 NPR
16 August 2023	1 ISK = 1.000 NPR
17 August 2023	1 ISK = 0.9953 NPR
18 August 2023	1 ISK = 0.9982 NPR
21 August 2023	1 ISK = 0.9946 NPR
22 August 2023	1 ISK = 0.9981 NPR
23 August 2023	1 ISK = 0.9938 NPR
24 August 2023	1 ISK = 0.9954 NPR
25 August 2023	1 ISK = 0.9868 NPR
28 August 2023	1 ISK = 0.9945 NPR
29 August 2023	1 ISK = 0.9961 NPR
30 August 2023	1 ISK = 1.003 NPR
31 August 2023	1 ISK = 1.006 NPR

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.

Historic Icelandic Krona Nepalese rupee