Historic Taiwan dollar Indonesian Rupiah

Taiwan dollar indonesian rupiah history for October 2023. The highest quote for this month is 493 (23/10/2023) and the lowest 491.63 (25/10/2023). The difference between high and low is 0.28.

TWD IDR average rate for October 2023 is 487.94679, the change between 01/10/2023 and 31/10/2023 is -2.48 %.

01 October 20231 TWD = 479.4 IDR
02 October 20231 TWD = 479.1 IDR
03 October 20231 TWD = 480.3 IDR
04 October 20231 TWD = 483.5 IDR
05 October 20231 TWD = 482.8 IDR
06 October 20231 TWD = 485.4 IDR
07 October 20231 TWD = 485.9 IDR
09 October 20231 TWD = 485.8 IDR
10 October 20231 TWD = 488.3 IDR
11 October 20231 TWD = 491.0 IDR
12 October 20231 TWD = 489.5 IDR
13 October 20231 TWD = 489.3 IDR
16 October 20231 TWD = 486.9 IDR
17 October 20231 TWD = 487.0 IDR
18 October 20231 TWD = 486.6 IDR
19 October 20231 TWD = 487.9 IDR
20 October 20231 TWD = 490.2 IDR
21 October 20231 TWD = 490.9 IDR
22 October 20231 TWD = 491.1 IDR
23 October 20231 TWD = 490.8 IDR
24 October 20231 TWD = 492.4 IDR
25 October 20231 TWD = 492.7 IDR
26 October 20231 TWD = 490.3 IDR
27 October 20231 TWD = 492.0 IDR
28 October 20231 TWD = 490.9 IDR
29 October 20231 TWD = 490.9 IDR
30 October 20231 TWD = 490.6 IDR
31 October 20231 TWD = 491.3 IDR

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

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.

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.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

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.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.