Historic Cayman Islands dollar Indonesian Rupiah

Cayman Islands dollar indonesian rupiah history for July 2023. The highest quote for this month is 18704.2 (10/07/2023) and the lowest 18684.9 (10/07/2023). The difference between high and low is 0.1.

KYD IDR average rate for July 2023 is 18479.09524, the change between 01/07/2023 and 31/07/2023 is -0.41 %.

03 July 20231 KYD = 18507.60 IDR
04 July 20231 KYD = 18492.60 IDR
05 July 20231 KYD = 18409.90 IDR
06 July 20231 KYD = 18505.30 IDR
07 July 20231 KYD = 18633.90 IDR
10 July 20231 KYD = 18707.60 IDR
11 July 20231 KYD = 18664.90 IDR
12 July 20231 KYD = 18562.40 IDR
13 July 20231 KYD = 18487.00 IDR
14 July 20231 KYD = 18342.10 IDR
17 July 20231 KYD = 18377.90 IDR
18 July 20231 KYD = 18377.30 IDR
19 July 20231 KYD = 18369.90 IDR
20 July 20231 KYD = 18378.80 IDR
21 July 20231 KYD = 18454.40 IDR
24 July 20231 KYD = 18431.00 IDR
25 July 20231 KYD = 18435.90 IDR
26 July 20231 KYD = 18433.30 IDR
27 July 20231 KYD = 18399.00 IDR
28 July 20231 KYD = 18507.60 IDR
31 July 20231 KYD = 18582.60 IDR

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.