Historic New Zealand Dollar Indonesian Rupiah

New Zealand Dollar indonesian rupiah history for January 2024. The highest quote for this month is 9721.59 (01/01/2024) and the lowest 9733.88 (12/01/2024). The difference between high and low is -0.13.

NZD IDR average rate for January 2024 is 9653.27179, the change between 01/01/2024 and 31/01/2024 is +0.44 %.

01 January 20241 NZD = 9721.65 IDR
02 January 20241 NZD = 9714.80 IDR
03 January 20241 NZD = 9686.25 IDR
04 January 20241 NZD = 9723.88 IDR
05 January 20241 NZD = 9665.37 IDR
06 January 20241 NZD = 9682.86 IDR
07 January 20241 NZD = 9699.30 IDR
08 January 20241 NZD = 9671.56 IDR
09 January 20241 NZD = 9687.47 IDR
10 January 20241 NZD = 9690.89 IDR
11 January 20241 NZD = 9690.14 IDR
12 January 20241 NZD = 9710.86 IDR
13 January 20241 NZD = 9709.56 IDR
14 January 20241 NZD = 9710.14 IDR
15 January 20241 NZD = 9663.14 IDR
16 January 20241 NZD = 9624.04 IDR
17 January 20241 NZD = 9595.13 IDR
18 January 20241 NZD = 9551.58 IDR
19 January 20241 NZD = 9555.61 IDR
22 January 20241 NZD = 9545.17 IDR
23 January 20241 NZD = 9508.99 IDR
24 January 20241 NZD = 9591.50 IDR
25 January 20241 NZD = 9599.34 IDR
26 January 20241 NZD = 9656.93 IDR
28 January 20241 NZD = 9639.16 IDR
29 January 20241 NZD = 9607.04 IDR
30 January 20241 NZD = 9710.19 IDR
31 January 20241 NZD = 9679.06 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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