Historic New Zealand Dollar Seychellois Rupee

New Zealand Dollar seychellois rupee history for March 2024. The highest quote for this month is 8.6319 (10/03/2024) and the lowest 8.6463 (10/03/2024). The difference between high and low is -0.17.

NZD SCR average rate for March 2024 is 8.0893, the change between 01/03/2024 and 31/03/2024 is -12.92 %.

01 March 20241 NZD = 7.62 SCR
03 March 20241 NZD = 8.56 SCR
04 March 20241 NZD = 8.17 SCR
05 March 20241 NZD = 7.62 SCR
06 March 20241 NZD = 7.74 SCR
07 March 20241 NZD = 7.76 SCR
08 March 20241 NZD = 7.84 SCR
10 March 20241 NZD = 8.65 SCR
11 March 20241 NZD = 8.34 SCR
12 March 20241 NZD = 8.60 SCR

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.

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.

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.

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.

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.