Historic Maldivian rufiyaa Indonesian Rupiah

Maldivian rufiyaa indonesian rupiah history for February 2024. The highest quote for this month is 1037.14 (14/02/2024) and the lowest 1031.12 (29/02/2024). The difference between high and low is 0.58.

MVR IDR average rate for February 2024 is 1025.50185, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 20241 MVR = 1033.36 IDR
02 February 20241 MVR = 1031.21 IDR
03 February 20241 MVR = 1015.24 IDR
04 February 20241 MVR = 1015.18 IDR
05 February 20241 MVR = 1031.29 IDR
06 February 20241 MVR = 1030.26 IDR
07 February 20241 MVR = 1033.03 IDR
08 February 20241 MVR = 1026.03 IDR
09 February 20241 MVR = 1030.28 IDR
12 February 20241 MVR = 1029.57 IDR
13 February 20241 MVR = 1028.35 IDR
14 February 20241 MVR = 1033.76 IDR
15 February 20241 MVR = 1023.23 IDR
16 February 20241 MVR = 1027.67 IDR
17 February 20241 MVR = 1012.58 IDR
18 February 20241 MVR = 1014.92 IDR
19 February 20241 MVR = 1024.83 IDR
20 February 20241 MVR = 1025.18 IDR
21 February 20241 MVR = 1030.33 IDR
22 February 20241 MVR = 1029.08 IDR
23 February 20241 MVR = 1025.53 IDR
24 February 20241 MVR = 1010.96 IDR
25 February 20241 MVR = 1010.96 IDR
26 February 20241 MVR = 1025.40 IDR
27 February 20241 MVR = 1028.17 IDR
28 February 20241 MVR = 1029.13 IDR
29 February 20241 MVR = 1033.02 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.
MVR IDR August 2023
MVR IDR September 2023
MVR IDR October 2023
MVR IDR November 2023
MVR IDR December 2023
MVR IDR January 2024
MVR IDR February 2024
MVR IDR March 2024
MVR IDR April 2024
MVR IDR May 2024
MVR IDR June 2024
MVR IDR July 2024
MVR IDR August 2024