Historic New Zealand Dollar Somali shilling

New Zealand Dollar somali shilling history for March 2024. The highest quote for this month is 350.11 (08/03/2024) and the lowest 353.09 (08/03/2024). The difference between high and low is -0.85.

NZD SOS average rate for March 2024 is 348.06125, the change between 01/03/2024 and 31/03/2024 is -1.26 %.

01 March 20241 NZD = 345.7 SOS
04 March 20241 NZD = 346.7 SOS
05 March 20241 NZD = 346.3 SOS
06 March 20241 NZD = 345.8 SOS
07 March 20241 NZD = 348.1 SOS
08 March 20241 NZD = 351.0 SOS
11 March 20241 NZD = 351.0 SOS
12 March 20241 NZD = 350.0 SOS

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.