Historic Nepalese rupee South African rand

Nepalese rupee south african rand history for January 2024. The highest quote for this month is 0.14612 (22/01/2024) and the lowest 0.14479 (22/01/2024). The difference between high and low is 0.91.

NPR ZAR average rate for January 2024 is 0.14236, the change between 01/01/2024 and 31/01/2024 is -3.32 %.

01 January 20241 NPR = 0.1386 ZAR
02 January 20241 NPR = 0.1387 ZAR
03 January 20241 NPR = 0.1396 ZAR
04 January 20241 NPR = 0.1414 ZAR
05 January 20241 NPR = 0.1420 ZAR
06 January 20241 NPR = 0.1405 ZAR
08 January 20241 NPR = 0.1424 ZAR
09 January 20241 NPR = 0.1413 ZAR
10 January 20241 NPR = 0.1417 ZAR
11 January 20241 NPR = 0.1419 ZAR
12 January 20241 NPR = 0.1420 ZAR
13 January 20241 NPR = 0.1403 ZAR
15 January 20241 NPR = 0.1421 ZAR
16 January 20241 NPR = 0.1425 ZAR
17 January 20241 NPR = 0.1440 ZAR
18 January 20241 NPR = 0.1449 ZAR
19 January 20241 NPR = 0.1440 ZAR
22 January 20241 NPR = 0.1448 ZAR
23 January 20241 NPR = 0.1461 ZAR
24 January 20241 NPR = 0.1440 ZAR
25 January 20241 NPR = 0.1436 ZAR
26 January 20241 NPR = 0.1436 ZAR
29 January 20241 NPR = 0.1427 ZAR
30 January 20241 NPR = 0.1429 ZAR
31 January 20241 NPR = 0.1432 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.