Historic Nepalese rupee New Zealand Dollar

Nepalese rupee new zealand dollar history for August 2023. The highest quote for this month is 0.012983 (29/08/2023) and the lowest 0.012914 (28/08/2023). The difference between high and low is 0.53.

NPR NZD average rate for August 2023 is 0.01272, the change between 01/08/2023 and 31/08/2023 is -3.68 %.

01 August 20231 NPR = 0.0124 NZD
02 August 20231 NPR = 0.0125 NZD
03 August 20231 NPR = 0.0126 NZD
04 August 20231 NPR = 0.0126 NZD
07 August 20231 NPR = 0.0126 NZD
08 August 20231 NPR = 0.0125 NZD
09 August 20231 NPR = 0.0126 NZD
10 August 20231 NPR = 0.0126 NZD
11 August 20231 NPR = 0.0127 NZD
12 August 20231 NPR = 0.0126 NZD
14 August 20231 NPR = 0.0127 NZD
15 August 20231 NPR = 0.0128 NZD
16 August 20231 NPR = 0.0127 NZD
17 August 20231 NPR = 0.0128 NZD
18 August 20231 NPR = 0.0128 NZD
21 August 20231 NPR = 0.0129 NZD
22 August 20231 NPR = 0.0128 NZD
23 August 20231 NPR = 0.0128 NZD
24 August 20231 NPR = 0.0128 NZD
25 August 20231 NPR = 0.0129 NZD
28 August 20231 NPR = 0.0129 NZD
29 August 20231 NPR = 0.0130 NZD
30 August 20231 NPR = 0.0128 NZD
31 August 20231 NPR = 0.0128 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

20/09/2015: Adoption of New Constitution

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

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

30/12/1972: Reintroduction of Nepalese Rupee

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

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

07/04/1932: Introduction of Nepalese Rupee

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