Historic Nepalese rupee Convertible Mark

Nepalese rupee convertible mark history for August 2023. The highest quote for this month is 0.013853 (28/08/2023) and the lowest 0.013857 (28/08/2023). The difference between high and low is -0.03.

NPR BAM average rate for August 2023 is 0.01368, the change between 01/08/2023 and 31/08/2023 is -1.06 %.

01 August 20231 NPR = 0.0137 BAM
03 August 20231 NPR = 0.0137 BAM
04 August 20231 NPR = 0.0136 BAM
07 August 20231 NPR = 0.0137 BAM
08 August 20231 NPR = 0.0136 BAM
10 August 20231 NPR = 0.0136 BAM
11 August 20231 NPR = 0.0137 BAM
14 August 20231 NPR = 0.0137 BAM
17 August 20231 NPR = 0.0137 BAM
18 August 20231 NPR = 0.0137 BAM
21 August 20231 NPR = 0.0137 BAM
28 August 20231 NPR = 0.0138 BAM

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

20/09/2015: Adoption of New Constitution

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

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

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.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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

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

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.

07/04/1932: Introduction of Nepalese Rupee

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