Historic Indonesian Rupiah Australian dollar

Indonesian Rupiah australian dollar history for December 2023. The highest quote for this month is 0.000098 (04/12/2023) and the lowest 0.000101 (08/12/2023). The difference between high and low is -3.06.

IDR AUD average rate for December 2023 is 0.0001, the change between 01/12/2023 and 31/12/2023 is +2.06 %.

01 December 20231 IDR = 0.0001 AUD
02 December 20231 IDR = 0.0001 AUD
03 December 20231 IDR = 0.0001 AUD
04 December 20231 IDR = 0.0001 AUD
05 December 20231 IDR = 0.0001 AUD
06 December 20231 IDR = 0.0001 AUD
07 December 20231 IDR = 0.0001 AUD
08 December 20231 IDR = 0.0001 AUD
09 December 20231 IDR = 0.0001 AUD
10 December 20231 IDR = 0.0001 AUD
11 December 20231 IDR = 0.0001 AUD
12 December 20231 IDR = 0.0001 AUD
13 December 20231 IDR = 0.0001 AUD
14 December 20231 IDR = 0.0001 AUD
15 December 20231 IDR = 0.0001 AUD
16 December 20231 IDR = 0.0001 AUD
17 December 20231 IDR = 0.0001 AUD
18 December 20231 IDR = 0.0001 AUD
19 December 20231 IDR = 0.0001 AUD
20 December 20231 IDR = 0.0001 AUD
21 December 20231 IDR = 0.0001 AUD
22 December 20231 IDR = 0.0001 AUD
23 December 20231 IDR = 0.0001 AUD
24 December 20231 IDR = 0.0001 AUD
25 December 20231 IDR = 0.0001 AUD
26 December 20231 IDR = 0.0001 AUD
27 December 20231 IDR = 0.0001 AUD
28 December 20231 IDR = 0.0001 AUD
29 December 20231 IDR = 0.0001 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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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