Historic Nigerian Naira Nepalese rupee

Nigerian Naira nepalese rupee history for October 2023. The highest quote for this month is 0.17279 (06/10/2023) and the lowest 0.17632 (06/10/2023). The difference between high and low is -2.04.

NGN NPR average rate for October 2023 is 0.16918, the change between 01/10/2023 and 31/10/2023 is +2.19 %.

02 October 20231 NGN = 0.1711 NPR
03 October 20231 NGN = 0.1716 NPR
04 October 20231 NGN = 0.1719 NPR
05 October 20231 NGN = 0.1760 NPR
06 October 20231 NGN = 0.1723 NPR
07 October 20231 NGN = 0.1723 NPR
09 October 20231 NGN = 0.1698 NPR
10 October 20231 NGN = 0.1734 NPR
11 October 20231 NGN = 0.1725 NPR
12 October 20231 NGN = 0.1716 NPR
13 October 20231 NGN = 0.1712 NPR
16 October 20231 NGN = 0.1711 NPR
17 October 20231 NGN = 0.1721 NPR
18 October 20231 NGN = 0.1723 NPR
19 October 20231 NGN = 0.1720 NPR
20 October 20231 NGN = 0.1757 NPR
23 October 20231 NGN = 0.1526 NPR
24 October 20231 NGN = 0.1719 NPR
25 October 20231 NGN = 0.1527 NPR
26 October 20231 NGN = 0.1608 NPR
27 October 20231 NGN = 0.1640 NPR
30 October 20231 NGN = 0.1652 NPR
31 October 20231 NGN = 0.1673 NPR

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

20/09/2015: Adoption of New Constitution

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

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.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

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

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

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

30/12/1972: Reintroduction of Nepalese Rupee

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

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.