Historic New Zealand Dollar Yemeni Rial

New Zealand Dollar yemeni rial history for January 2024. The highest quote for this month is 157.83 (01/01/2024) and the lowest 157.87 (02/01/2024). The difference between high and low is -0.03.

NZD YER average rate for January 2024 is 154.60778, the change between 01/01/2024 and 31/01/2024 is +2.93 %.

01 January 20241 NZD = 157.8 YER
02 January 20241 NZD = 157.7 YER
03 January 20241 NZD = 156.1 YER
04 January 20241 NZD = 156.1 YER
05 January 20241 NZD = 155.7 YER
06 January 20241 NZD = 156.1 YER
07 January 20241 NZD = 156.3 YER
08 January 20241 NZD = 156.1 YER
09 January 20241 NZD = 156.2 YER
10 January 20241 NZD = 155.9 YER
11 January 20241 NZD = 155.6 YER
12 January 20241 NZD = 156.0 YER
14 January 20241 NZD = 156.2 YER
15 January 20241 NZD = 155.7 YER
16 January 20241 NZD = 154.7 YER
17 January 20241 NZD = 153.4 YER
18 January 20241 NZD = 152.7 YER
19 January 20241 NZD = 152.9 YER
22 January 20241 NZD = 152.8 YER
23 January 20241 NZD = 151.7 YER
24 January 20241 NZD = 152.5 YER
25 January 20241 NZD = 152.6 YER
26 January 20241 NZD = 152.6 YER
28 January 20241 NZD = 152.4 YER
29 January 20241 NZD = 152.2 YER
30 January 20241 NZD = 153.3 YER
31 January 20241 NZD = 153.2 YER

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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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.