Historic South African rand Nepalese rupee

South African rand nepalese rupee history for February 2024. The highest quote for this month is 7.0198 (03/02/2024) and the lowest 7.0639 (01/02/2024). The difference between high and low is -0.63.

ZAR NPR average rate for February 2024 is 6.92548, the change between 01/02/2024 and 29/02/2024 is +3.5 %.

01 February 20241 ZAR = 7.04 NPR
02 February 20241 ZAR = 7.06 NPR
03 February 20241 ZAR = 7.02 NPR
05 February 20241 ZAR = 7.00 NPR
06 February 20241 ZAR = 6.90 NPR
07 February 20241 ZAR = 6.98 NPR
08 February 20241 ZAR = 6.93 NPR
09 February 20241 ZAR = 6.92 NPR
10 February 20241 ZAR = 6.98 NPR
12 February 20241 ZAR = 6.91 NPR
13 February 20241 ZAR = 6.93 NPR
14 February 20241 ZAR = 6.88 NPR
15 February 20241 ZAR = 6.90 NPR
16 February 20241 ZAR = 6.93 NPR
19 February 20241 ZAR = 6.97 NPR
20 February 20241 ZAR = 6.93 NPR
21 February 20241 ZAR = 6.94 NPR
22 February 20241 ZAR = 6.94 NPR
23 February 20241 ZAR = 6.85 NPR
26 February 20241 ZAR = 6.80 NPR
27 February 20241 ZAR = 6.82 NPR
28 February 20241 ZAR = 6.87 NPR
29 February 20241 ZAR = 6.79 NPR

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.
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