South African rand nepalese rupee exchange rate history (ZAR NPR) November 2023

South African rand nepalese rupee history for November 2023. The highest quote for this month is 7.199 (15/11/2023) and the lowest 7.2561 (16/11/2023). The difference between high and low is -0.79.

ZAR NPR average rate for November 2023 is 7.10554, the change between 01/11/2023 and 30/11/2023 is +0.53 %.

01 November 2023	1 ZAR = 7.07 NPR
02 November 2023	1 ZAR = 7.14 NPR
03 November 2023	1 ZAR = 7.14 NPR
06 November 2023	1 ZAR = 7.14 NPR
07 November 2023	1 ZAR = 7.19 NPR
08 November 2023	1 ZAR = 7.17 NPR
09 November 2023	1 ZAR = 7.13 NPR
10 November 2023	1 ZAR = 7.06 NPR
11 November 2023	1 ZAR = 7.12 NPR
13 November 2023	1 ZAR = 7.01 NPR
14 November 2023	1 ZAR = 7.06 NPR
15 November 2023	1 ZAR = 7.22 NPR
16 November 2023	1 ZAR = 7.23 NPR
17 November 2023	1 ZAR = 7.17 NPR
20 November 2023	1 ZAR = 7.15 NPR
21 November 2023	1 ZAR = 7.19 NPR
22 November 2023	1 ZAR = 7.08 NPR
23 November 2023	1 ZAR = 6.97 NPR
24 November 2023	1 ZAR = 7.01 NPR
27 November 2023	1 ZAR = 6.99 NPR
28 November 2023	1 ZAR = 7.07 NPR
29 November 2023	1 ZAR = 7.09 NPR
30 November 2023	1 ZAR = 7.03 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.

Historic South African rand Nepalese rupee