Historic Nepalese rupee Iranian Rial

Nepalese rupee iranian rial history for December 2023. The highest quote for this month is 319.72 (15/12/2023) and the lowest 321.98 (14/12/2023). The difference between high and low is -0.71.

NPR IRR average rate for December 2023 is 318.62727, the change between 01/12/2023 and 31/12/2023 is +0.22 %.

01 December 20231 NPR = 318.5 IRR
02 December 20231 NPR = 315.3 IRR
04 December 20231 NPR = 318.8 IRR
05 December 20231 NPR = 318.4 IRR
06 December 20231 NPR = 319.1 IRR
07 December 20231 NPR = 318.6 IRR
08 December 20231 NPR = 318.4 IRR
11 December 20231 NPR = 318.2 IRR
12 December 20231 NPR = 318.3 IRR
13 December 20231 NPR = 318.7 IRR
14 December 20231 NPR = 318.4 IRR
15 December 20231 NPR = 318.8 IRR
18 December 20231 NPR = 318.3 IRR
19 December 20231 NPR = 319.9 IRR
20 December 20231 NPR = 319.5 IRR
21 December 20231 NPR = 319.5 IRR
22 December 20231 NPR = 319.3 IRR
25 December 20231 NPR = 319.1 IRR
26 December 20231 NPR = 319.3 IRR
27 December 20231 NPR = 318.9 IRR
28 December 20231 NPR = 318.8 IRR
29 December 20231 NPR = 317.8 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

20/09/2015: Adoption of New Constitution

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

07/04/1932: Introduction of Nepalese Rupee

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

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.