Historic New Zealand Dollar Indonesian Rupiah

New Zealand Dollar indonesian rupiah history for February 2024. The highest quote for this month is 9675.33 (22/02/2024) and the lowest 9677.56 (22/02/2024). The difference between high and low is -0.02.

NZD IDR average rate for February 2024 is 9591.03786, the change between 01/02/2024 and 29/02/2024 is +0.6 %.

01 February 20241 NZD = 9637.87 IDR
02 February 20241 NZD = 9664.75 IDR
03 February 20241 NZD = 9497.66 IDR
04 February 20241 NZD = 9502.25 IDR
05 February 20241 NZD = 9537.76 IDR
06 February 20241 NZD = 9510.31 IDR
07 February 20241 NZD = 9596.80 IDR
08 February 20241 NZD = 9559.68 IDR
09 February 20241 NZD = 9565.18 IDR
10 February 20241 NZD = 9612.55 IDR
12 February 20241 NZD = 9589.21 IDR
13 February 20241 NZD = 9546.96 IDR
14 February 20241 NZD = 9487.45 IDR
15 February 20241 NZD = 9472.80 IDR
16 February 20241 NZD = 9577.47 IDR
17 February 20241 NZD = 9566.23 IDR
18 February 20241 NZD = 9591.81 IDR
19 February 20241 NZD = 9590.33 IDR
20 February 20241 NZD = 9603.31 IDR
21 February 20241 NZD = 9660.01 IDR
22 February 20241 NZD = 9667.25 IDR
23 February 20241 NZD = 9657.21 IDR
24 February 20241 NZD = 9660.41 IDR
25 February 20241 NZD = 9668.20 IDR
26 February 20241 NZD = 9642.95 IDR
27 February 20241 NZD = 9644.41 IDR
28 February 20241 NZD = 9658.35 IDR
29 February 20241 NZD = 9579.89 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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