Historic United States dollar Indonesian Rupiah

United States dollar indonesian rupiah history for August 2023. The highest quote for this month is 15389 (17/08/2023) and the lowest 15325 (17/08/2023). The difference between high and low is 0.42.

USD IDR average rate for August 2023 is 15240.30769, the change between 01/08/2023 and 31/08/2023 is -1.22 %.

01 August 20231 USD = 15104.00 IDR
04 August 20231 USD = 15161.00 IDR
05 August 20231 USD = 15165.00 IDR
07 August 20231 USD = 15163.00 IDR
08 August 20231 USD = 15232.00 IDR
10 August 20231 USD = 15207.00 IDR
12 August 20231 USD = 15221.00 IDR
14 August 20231 USD = 15317.00 IDR
15 August 20231 USD = 15347.00 IDR
17 August 20231 USD = 15362.00 IDR
20 August 20231 USD = 15279.00 IDR
21 August 20231 USD = 15278.00 IDR
28 August 20231 USD = 15288.00 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.

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.

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.

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.