Historic Singapore dollar Indonesian Rupiah

Singapore dollar indonesian rupiah history for October 2023. The highest quote for this month is 11632.7 (31/10/2023) and the lowest 11629 (28/10/2023). The difference between high and low is 0.03.

SGD IDR average rate for October 2023 is 11500.69643, the change between 01/10/2023 and 31/10/2023 is -2.65 %.

01 October 20231 SGD = 11309.00 IDR
02 October 20231 SGD = 11301.20 IDR
03 October 20231 SGD = 11298.10 IDR
04 October 20231 SGD = 11374.40 IDR
05 October 20231 SGD = 11365.50 IDR
06 October 20231 SGD = 11431.40 IDR
07 October 20231 SGD = 11432.30 IDR
09 October 20231 SGD = 11422.40 IDR
10 October 20231 SGD = 11503.20 IDR
11 October 20231 SGD = 11534.40 IDR
12 October 20231 SGD = 11517.10 IDR
13 October 20231 SGD = 11492.90 IDR
16 October 20231 SGD = 11450.40 IDR
17 October 20231 SGD = 11454.80 IDR
18 October 20231 SGD = 11496.40 IDR
19 October 20231 SGD = 11513.60 IDR
20 October 20231 SGD = 11551.60 IDR
21 October 20231 SGD = 11566.30 IDR
22 October 20231 SGD = 11553.30 IDR
23 October 20231 SGD = 11561.00 IDR
24 October 20231 SGD = 11614.60 IDR
25 October 20231 SGD = 11599.80 IDR
26 October 20231 SGD = 11569.80 IDR
27 October 20231 SGD = 11631.60 IDR
28 October 20231 SGD = 11629.00 IDR
29 October 20231 SGD = 11629.00 IDR
30 October 20231 SGD = 11607.90 IDR
31 October 20231 SGD = 11608.50 IDR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
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