Historic Indonesian Rupiah Kuwaiti Dinar

Indonesian Rupiah kuwaiti dinar history for February 2024. The highest quote for this month is 0.00002 (02/02/2024) and the lowest 0.00002 (01/02/2024). The difference between high and low is 0.

IDR KWD average rate for February 2024 is 0.00002, the change between 01/02/2024 and 29/02/2024 is -5.26 %.

01 February 20241 IDR = 0.0000 KWD
02 February 20241 IDR = 0.0000 KWD
03 February 20241 IDR = 0.0000 KWD
04 February 20241 IDR = 0.0000 KWD
05 February 20241 IDR = 0.0000 KWD
06 February 20241 IDR = 0.0000 KWD
07 February 20241 IDR = 0.0000 KWD
08 February 20241 IDR = 0.0000 KWD
09 February 20241 IDR = 0.0000 KWD
12 February 20241 IDR = 0.0000 KWD
13 February 20241 IDR = 0.0000 KWD
14 February 20241 IDR = 0.0000 KWD
15 February 20241 IDR = 0.0000 KWD
16 February 20241 IDR = 0.0000 KWD
17 February 20241 IDR = 0.0000 KWD
18 February 20241 IDR = 0.0000 KWD
19 February 20241 IDR = 0.0000 KWD
20 February 20241 IDR = 0.0000 KWD
21 February 20241 IDR = 0.0000 KWD
22 February 20241 IDR = 0.0000 KWD
23 February 20241 IDR = 0.0000 KWD
24 February 20241 IDR = 0.0000 KWD
25 February 20241 IDR = 0.0000 KWD
26 February 20241 IDR = 0.0000 KWD
27 February 20241 IDR = 0.0000 KWD
28 February 20241 IDR = 0.0000 KWD
29 February 20241 IDR = 0.0000 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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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