Historic New Zealand Dollar Indonesian Rupiah

New Zealand Dollar indonesian rupiah history for December 2023. The highest quote for this month is 9796.83 (29/12/2023) and the lowest 10288.6 (25/12/2023). The difference between high and low is -5.02.

NZD IDR average rate for December 2023 is 9617.26138, the change between 01/12/2023 and 31/12/2023 is -2.06 %.

01 December 20231 NZD = 9574.75 IDR
02 December 20231 NZD = 9614.31 IDR
03 December 20231 NZD = 9591.65 IDR
04 December 20231 NZD = 9594.94 IDR
05 December 20231 NZD = 9568.02 IDR
06 December 20231 NZD = 9481.31 IDR
07 December 20231 NZD = 9505.50 IDR
08 December 20231 NZD = 9550.45 IDR
09 December 20231 NZD = 9494.21 IDR
10 December 20231 NZD = 9488.67 IDR
11 December 20231 NZD = 9530.17 IDR
12 December 20231 NZD = 9580.52 IDR
13 December 20231 NZD = 9555.46 IDR
14 December 20231 NZD = 9456.45 IDR
15 December 20231 NZD = 9610.73 IDR
16 December 20231 NZD = 9618.70 IDR
17 December 20231 NZD = 9618.70 IDR
18 December 20231 NZD = 9490.48 IDR
19 December 20231 NZD = 9603.06 IDR
20 December 20231 NZD = 9690.93 IDR
21 December 20231 NZD = 9704.94 IDR
22 December 20231 NZD = 9719.00 IDR
23 December 20231 NZD = 9743.80 IDR
24 December 20231 NZD = 9748.68 IDR
25 December 20231 NZD = 9737.53 IDR
26 December 20231 NZD = 9749.08 IDR
27 December 20231 NZD = 9745.91 IDR
28 December 20231 NZD = 9761.07 IDR
29 December 20231 NZD = 9771.56 IDR

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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