26/06/2020: Currency peg under review
Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.
20/09/2015: Adoption of New Constitution
Nepal adopted a new constitution, resulting in political unrest and affecting the Nepalese Rupee's stability.
05/08/2013: Devaluation of currency
Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.
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.
24/07/1995: New currency design
Barbados introduced a new design for its currency, featuring national symbols and landmarks.
08/04/1993: Nepalese Rupee's Peg to Indian Rupee
The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.
05/05/1975: Introduction of decimalization
Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.
01/01/1973: Fixed exchange rate
Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.
30/12/1972: Reintroduction of Nepalese Rupee
Nepal reintroduced the Nepalese Rupee as the official currency, separating it from the Indian Rupee.
03/07/1972: Barbados gains independence
Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.
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.
01/10/1935: Introduction of Barbadian Dollar
The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
07/04/1932: Introduction of Nepalese Rupee
The Nepalese Rupee was officially introduced as the currency of Nepal, replacing the silver mohar.