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Exchange rates for the Deutsche Mark in Nepal / DEM 1 = NPR ... (middle) / up to the end of 1998

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  1. Exchange rates, euro foreign exchange reference rates, gold prices
  2. Exchange rates in individual countries
  3. End of month
  4. DEM Deutsche Mark (historical)
  5. NPR Nepalese rupee (Nepal)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.M.NPR.DEM.CA.AC.A01
Unit NPR
Dimension one
Timespan from 1982-01 to 1998-12
Last update 20.09.2023 02:46:33 PM
   
General With effect from 4 March 1992, a multiple exchange rate system was introduced. Exchange rate application from 4 March 1992 to 11 February 1993: Official exchange rate: for transactions by general government; for 35% (25% as of 12 July 1992) of income from exports, services (including foreign travel, investment income) and transfers (including pensions, benefit payments) as well as for payments for the import of certain goods (including petroleum products, fertilisers, industrial machinery). Free market rate: for the remaining 65% (75% as of 12 July 1992) of the income listed above as well as for all other transactions. The multiple exchange rate system was unified on 12 February 1993. Listed against the euro as of January 1999, see BBEX3:M:NPR:EUR:CA:AC:A01.
Methodology Calculated on the basis of the buying and selling rates.
Source Nepal Rastra Bank, Kathmandu.
   
Comment on 1993-01 Free market rate: DEM 1 = NPR 29.960.
Comment on 1992-12 Free market rate: DEM 1 = NPR 29.505.
Comment on 1992-11 Free market rate: DEM 1 = NPR 29.705.
Comment on 1992-10 Free market rate: DEM 1 = NPR 30.845.
Comment on 1992-09 Free market rate: DEM 1 = NPR 32.760.
Comment on 1992-08 Free market rate: DEM 1 = NPR 33.650.
Comment on 1992-07 Free market rate: DEM 1 = NPR 32.325.
Comment on 1992-06 Free market rate: DEM 1 = NPR 31.655.
Comment on 1992-05 Free market rate: DEM 1 = NPR 30.395.
Comment on 1992-04 Free market rate: DEM 1 = NPR 30.300.
Comment on 1992-03 First rates (buying/selling) known to us in the multiple exchange rate system for 6 March 1992: Official exchange rate: DEM 1 = NPR 25.59 / 25.85 Free market rate: DEM 1 = NPR 28.00 / 29.65 Free market rate at the end of March 1992: DEM 1 = NPR 30.595.
Comment on 1991-07 On 2 and 4 July 1991, the Nepalese rupee was devalued in two stages. We recorded the following exchange rates (buying/selling rate; calculated devaluation in brackets): 30 June 1991: DEM 1 = NPR 19.51/19.71 2 July 1991: DEM 1 = NPR 20.91/21.13 (6.7%) 4 July 1991: DEM 1 = NPR 23.23/23.47 (10.0%)
Comment on 1985-11 The Nepalese rupee was devalued on 30 November 1985. We recorded the following exchange rates (buying/selling): 29 November 1985: DEM 1 = NPR 6.82 / 6.89 Calculated using the above-mentioned rates and the exchange rates at the end of November 1985, the Nepalese rupee experienced a devaluation of 15.2% against the Deutsche Mark (calculated on the basis of the middle rates).
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