Malaysian ringgit indonesian rupiah exchange rate history (MYR IDR) October 2023

Malaysian ringgit indonesian rupiah history for October 2023. The highest quote for this month is 3345.27 (31/10/2023) and the lowest 3336.26 (28/10/2023). The difference between high and low is 0.27.

MYR IDR average rate for October 2023 is 3319.87571, the change between 01/10/2023 and 31/10/2023 is -1.12 %.

01 October 2023	1 MYR = 3291.57 IDR
02 October 2023	1 MYR = 3291.85 IDR
03 October 2023	1 MYR = 3291.12 IDR
04 October 2023	1 MYR = 3308.34 IDR
05 October 2023	1 MYR = 3296.89 IDR
06 October 2023	1 MYR = 3308.15 IDR
07 October 2023	1 MYR = 3312.95 IDR
09 October 2023	1 MYR = 3312.04 IDR
10 October 2023	1 MYR = 3317.77 IDR
11 October 2023	1 MYR = 3327.37 IDR
12 October 2023	1 MYR = 3327.61 IDR
13 October 2023	1 MYR = 3341.61 IDR
16 October 2023	1 MYR = 3316.97 IDR
17 October 2023	1 MYR = 3311.50 IDR
18 October 2023	1 MYR = 3322.39 IDR
19 October 2023	1 MYR = 3333.40 IDR
20 October 2023	1 MYR = 3329.34 IDR
21 October 2023	1 MYR = 3330.33 IDR
22 October 2023	1 MYR = 3326.97 IDR
23 October 2023	1 MYR = 3330.12 IDR
24 October 2023	1 MYR = 3331.37 IDR
25 October 2023	1 MYR = 3314.46 IDR
26 October 2023	1 MYR = 3323.74 IDR
27 October 2023	1 MYR = 3327.90 IDR
28 October 2023	1 MYR = 3336.26 IDR
29 October 2023	1 MYR = 3336.26 IDR
30 October 2023	1 MYR = 3329.88 IDR
31 October 2023	1 MYR = 3328.36 IDR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo 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.

Historic Malaysian ringgit Indonesian Rupiah