South Korean Won nepalese rupee exchange rate history (KRW NPR) December 2023

South Korean Won nepalese rupee history for December 2023. The highest quote for this month is 0.10296 (02/12/2023) and the lowest 0.10446 (29/12/2023). The difference between high and low is -1.46.

KRW NPR average rate for December 2023 is 0.1015, the change between 01/12/2023 and 31/12/2023 is -1.76 %.

01 December 2023	1 KRW = 0.1017 NPR
02 December 2023	1 KRW = 0.1030 NPR
04 December 2023	1 KRW = 0.1014 NPR
05 December 2023	1 KRW = 0.1009 NPR
06 December 2023	1 KRW = 0.1003 NPR
07 December 2023	1 KRW = 0.1004 NPR
08 December 2023	1 KRW = 0.1005 NPR
09 December 2023	1 KRW = 0.1020 NPR
11 December 2023	1 KRW = 0.1003 NPR
12 December 2023	1 KRW = 0.1004 NPR
13 December 2023	1 KRW = 0.1006 NPR
14 December 2023	1 KRW = 0.1021 NPR
15 December 2023	1 KRW = 0.1020 NPR
18 December 2023	1 KRW = 0.1034 NPR
19 December 2023	1 KRW = 0.1008 NPR
20 December 2023	1 KRW = 0.1013 NPR
21 December 2023	1 KRW = 0.1014 NPR
22 December 2023	1 KRW = 0.1019 NPR
25 December 2023	1 KRW = 0.1015 NPR
26 December 2023	1 KRW = 0.1017 NPR
27 December 2023	1 KRW = 0.1018 NPR
28 December 2023	1 KRW = 0.1018 NPR
29 December 2023	1 KRW = 0.1035 NPR

20/09/2015: Adoption of New Constitution

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

08/04/1993: Nepalese Rupee's Peg to Indian Rupee

The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

30/12/1972: Reintroduction of Nepalese Rupee

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

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

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.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

07/04/1932: Introduction of Nepalese Rupee

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

Historic South Korean Won Nepalese rupee