Historic New Zealand Dollar Indonesian Rupiah

New Zealand Dollar indonesian rupiah history for November 2023. The highest quote for this month is 9525.42 (30/11/2023) and the lowest 9537.5 (29/11/2023). The difference between high and low is -0.13.

NZD IDR average rate for November 2023 is 9312.15741, the change between 01/11/2023 and 30/11/2023 is -3.7 %.

01 November 20231 NZD = 9145.91 IDR
02 November 20231 NZD = 9348.87 IDR
03 November 20231 NZD = 9337.78 IDR
06 November 20231 NZD = 9343.19 IDR
07 November 20231 NZD = 9284.39 IDR
08 November 20231 NZD = 9286.04 IDR
09 November 20231 NZD = 9232.21 IDR
10 November 20231 NZD = 9254.27 IDR
11 November 20231 NZD = 9251.72 IDR
12 November 20231 NZD = 9259.87 IDR
13 November 20231 NZD = 9243.89 IDR
14 November 20231 NZD = 9216.75 IDR
15 November 20231 NZD = 9175.46 IDR
16 November 20231 NZD = 9337.42 IDR
17 November 20231 NZD = 9231.31 IDR
18 November 20231 NZD = 9280.96 IDR
19 November 20231 NZD = 9281.52 IDR
20 November 20231 NZD = 9233.80 IDR
21 November 20231 NZD = 9290.48 IDR
22 November 20231 NZD = 9384.77 IDR
23 November 20231 NZD = 9400.93 IDR
24 November 20231 NZD = 9372.62 IDR
26 November 20231 NZD = 9474.16 IDR
27 November 20231 NZD = 9456.59 IDR
28 November 20231 NZD = 9440.75 IDR
29 November 20231 NZD = 9378.21 IDR
30 November 20231 NZD = 9484.38 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.