Historic Brazilian Real Indonesian Rupiah

Brazilian Real indonesian rupiah history for December 2023. The highest quote for this month is 3202.21 (29/12/2023) and the lowest 3227.8 (28/12/2023). The difference between high and low is -0.8.

BRL IDR average rate for December 2023 is 3158.41483, the change between 01/12/2023 and 31/12/2023 is -0.69 %.

01 December 20231 BRL = 3158.44 IDR
02 December 20231 BRL = 3177.67 IDR
03 December 20231 BRL = 3171.86 IDR
04 December 20231 BRL = 3149.10 IDR
05 December 20231 BRL = 3139.71 IDR
06 December 20231 BRL = 3136.76 IDR
07 December 20231 BRL = 3158.41 IDR
08 December 20231 BRL = 3156.76 IDR
09 December 20231 BRL = 3147.46 IDR
10 December 20231 BRL = 3145.43 IDR
11 December 20231 BRL = 3179.91 IDR
12 December 20231 BRL = 3169.53 IDR
13 December 20231 BRL = 3136.07 IDR
14 December 20231 BRL = 3105.68 IDR
15 December 20231 BRL = 3147.36 IDR
16 December 20231 BRL = 3135.04 IDR
17 December 20231 BRL = 3135.04 IDR
18 December 20231 BRL = 3106.48 IDR
19 December 20231 BRL = 3156.60 IDR
20 December 20231 BRL = 3175.79 IDR
21 December 20231 BRL = 3157.53 IDR
22 December 20231 BRL = 3162.77 IDR
23 December 20231 BRL = 3190.56 IDR
24 December 20231 BRL = 3190.15 IDR
25 December 20231 BRL = 3164.21 IDR
26 December 20231 BRL = 3174.70 IDR
27 December 20231 BRL = 3199.34 IDR
28 December 20231 BRL = 3185.39 IDR
29 December 20231 BRL = 3180.28 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.
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