Kuwaiti Dinar indonesian rupiah exchange rate history (KWD IDR) December 2023

Kuwaiti Dinar indonesian rupiah history for December 2023. The highest quote for this month is 50884.4 (13/12/2023) and the lowest 50623.1 (13/12/2023). The difference between high and low is 0.51.

KWD IDR average rate for December 2023 is 50291.26667, the change between 01/12/2023 and 31/12/2023 is +0.32 %.

01 December 2023	1 KWD = 50432.30 IDR
02 December 2023	1 KWD = 50142.50 IDR
04 December 2023	1 KWD = 50084.00 IDR
05 December 2023	1 KWD = 50315.80 IDR
06 December 2023	1 KWD = 50124.90 IDR
07 December 2023	1 KWD = 50238.50 IDR
08 December 2023	1 KWD = 50365.60 IDR
10 December 2023	1 KWD = 50259.50 IDR
11 December 2023	1 KWD = 50543.10 IDR
12 December 2023	1 KWD = 50798.60 IDR
13 December 2023	1 KWD = 50583.20 IDR
14 December 2023	1 KWD = 49670.00 IDR
15 December 2023	1 KWD = 50377.80 IDR
16 December 2023	1 KWD = 50387.10 IDR
17 December 2023	1 KWD = 50387.10 IDR
18 December 2023	1 KWD = 49763.30 IDR
19 December 2023	1 KWD = 50325.30 IDR
20 December 2023	1 KWD = 50335.50 IDR
21 December 2023	1 KWD = 50532.40 IDR
22 December 2023	1 KWD = 50334.10 IDR
23 December 2023	1 KWD = 50321.80 IDR
24 December 2023	1 KWD = 50380.90 IDR
25 December 2023	1 KWD = 50237.00 IDR
26 December 2023	1 KWD = 50402.60 IDR
27 December 2023	1 KWD = 50113.90 IDR
28 December 2023	1 KWD = 50135.30 IDR
29 December 2023	1 KWD = 50272.10 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.

20/05/2007: 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.

Historic Kuwaiti Dinar Indonesian Rupiah