Historic Kyrgyzstani som Indonesian Rupiah

Kyrgyzstani som indonesian rupiah history for August 2023. The highest quote for this month is 174.39 (17/08/2023) and the lowest 173.66 (17/08/2023). The difference between high and low is 0.42.

KGS IDR average rate for August 2023 is 173.30091, the change between 01/08/2023 and 31/08/2023 is +0.39 %.

03 August 20231 KGS = 173.5 IDR
04 August 20231 KGS = 172.7 IDR
07 August 20231 KGS = 172.6 IDR
08 August 20231 KGS = 173.4 IDR
10 August 20231 KGS = 173.1 IDR
11 August 20231 KGS = 173.4 IDR
14 August 20231 KGS = 173.6 IDR
17 August 20231 KGS = 174.1 IDR
18 August 20231 KGS = 174.1 IDR
21 August 20231 KGS = 173.1 IDR
25 August 20231 KGS = 172.8 IDR

01/01/2022: Transition to Central Bank of Russia Currency

Kyrgyzstan joined the Eurasian Economic Union and adopted the Russian ruble as its official currency, replacing the Kyrgyzstani Som.

13/03/2020: COVID-19 Pandemic Effects

The COVID-19 pandemic caused economic disruptions and uncertainty, affecting the Kyrgyzstani Som's exchange rate.

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.

20/05/2014: Kazakhstani Tenge Devaluation

Kazakhstan devalued its currency, the tenge, which had a significant impact on the Kyrgyzstani Som, leading to its depreciation.

07/04/2010: Protests and Political Unrest

Large-scale protests and political unrest erupted in Kyrgyzstan, causing instability and impacting the value of the Som.

01/12/2008: Global Financial Crisis Impact

The global financial crisis led to a sharp depreciation of the Kyrgyzstani Som, affecting the country's economy.

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.

01/11/1995: Introduction of New Som

The Kyrgyzstani government introduced the new som, with 1 new som being equivalent to 200 old som.

10/05/1993: Introduction of the Kyrgyzstani Som

The Kyrgyzstani Som was introduced as the official currency of Kyrgyzstan, replacing the Soviet ruble.

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.