New Zealand Dollar indonesian rupiah exchange rate history (NZD IDR) October 2023

New Zealand Dollar indonesian rupiah history for October 2023. The highest quote for this month is 9460.58 (11/10/2023) and the lowest 9477.15 (11/10/2023). The difference between high and low is -0.18.

NZD IDR average rate for October 2023 is 9287.53393, the change between 01/10/2023 and 31/10/2023 is +0.16 %.

01 October 2023	1 NZD = 9267.55 IDR
02 October 2023	1 NZD = 9262.45 IDR
03 October 2023	1 NZD = 9219.47 IDR
04 October 2023	1 NZD = 9238.05 IDR
05 October 2023	1 NZD = 9227.85 IDR
06 October 2023	1 NZD = 9326.09 IDR
07 October 2023	1 NZD = 9349.87 IDR
09 October 2023	1 NZD = 9319.34 IDR
10 October 2023	1 NZD = 9463.65 IDR
11 October 2023	1 NZD = 9496.95 IDR
12 October 2023	1 NZD = 9446.39 IDR
13 October 2023	1 NZD = 9320.02 IDR
16 October 2023	1 NZD = 9259.19 IDR
17 October 2023	1 NZD = 9250.63 IDR
18 October 2023	1 NZD = 9271.46 IDR
19 October 2023	1 NZD = 9253.28 IDR
20 October 2023	1 NZD = 9264.66 IDR
21 October 2023	1 NZD = 9252.52 IDR
22 October 2023	1 NZD = 9242.65 IDR
23 October 2023	1 NZD = 9249.94 IDR
24 October 2023	1 NZD = 9288.04 IDR
25 October 2023	1 NZD = 9278.01 IDR
26 October 2023	1 NZD = 9196.56 IDR
27 October 2023	1 NZD = 9279.61 IDR
28 October 2023	1 NZD = 9268.26 IDR
29 October 2023	1 NZD = 9268.26 IDR
30 October 2023	1 NZD = 9237.41 IDR
31 October 2023	1 NZD = 9252.79 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.

Historic New Zealand Dollar Indonesian Rupiah