Nepalese rupee south african rand exchange rate history (NPR ZAR) August 2023

Nepalese rupee south african rand history for August 2023. The highest quote for this month is 0.1463 (15/08/2023) and the lowest 0.14437 (16/08/2023). The difference between high and low is 1.32.

NPR ZAR average rate for August 2023 is 0.14285, the change between 01/08/2023 and 31/08/2023 is -4.14 %.

01 August 2023	1 NPR = 0.1372 ZAR
02 August 2023	1 NPR = 0.1402 ZAR
03 August 2023	1 NPR = 0.1410 ZAR
04 August 2023	1 NPR = 0.1425 ZAR
05 August 2023	1 NPR = 0.1395 ZAR
07 August 2023	1 NPR = 0.1418 ZAR
08 August 2023	1 NPR = 0.1430 ZAR
09 August 2023	1 NPR = 0.1444 ZAR
10 August 2023	1 NPR = 0.1447 ZAR
11 August 2023	1 NPR = 0.1437 ZAR
12 August 2023	1 NPR = 0.1432 ZAR
14 August 2023	1 NPR = 0.1439 ZAR
15 August 2023	1 NPR = 0.1453 ZAR
16 August 2023	1 NPR = 0.1451 ZAR
17 August 2023	1 NPR = 0.1457 ZAR
18 August 2023	1 NPR = 0.1448 ZAR
21 August 2023	1 NPR = 0.1447 ZAR
22 August 2023	1 NPR = 0.1442 ZAR
23 August 2023	1 NPR = 0.1431 ZAR
24 August 2023	1 NPR = 0.1411 ZAR
25 August 2023	1 NPR = 0.1440 ZAR
28 August 2023	1 NPR = 0.1424 ZAR
29 August 2023	1 NPR = 0.1420 ZAR
30 August 2023	1 NPR = 0.1411 ZAR
31 August 2023	1 NPR = 0.1429 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

20/09/2015: Adoption of New Constitution

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

30/12/1972: Reintroduction of Nepalese Rupee

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.

Historic Nepalese rupee South African rand