Historic Kuwaiti Dinar Indonesian Rupiah

Kuwaiti Dinar indonesian rupiah history for February 2024. The highest quote for this month is 51406.8 (01/02/2024) and the lowest 51173.3 (01/02/2024). The difference between high and low is 0.45.

KWD IDR average rate for February 2024 is 50911.8037, the change between 01/02/2024 and 29/02/2024 is +0.41 %.

01 February 20241 KWD = 51361.50 IDR
02 February 20241 KWD = 51221.40 IDR
03 February 20241 KWD = 50960.30 IDR
04 February 20241 KWD = 50957.00 IDR
05 February 20241 KWD = 51212.00 IDR
06 February 20241 KWD = 51122.60 IDR
07 February 20241 KWD = 51194.20 IDR
08 February 20241 KWD = 50902.80 IDR
09 February 20241 KWD = 50929.50 IDR
12 February 20241 KWD = 50738.40 IDR
13 February 20241 KWD = 50681.50 IDR
14 February 20241 KWD = 50900.30 IDR
15 February 20241 KWD = 50539.70 IDR
16 February 20241 KWD = 50972.50 IDR
17 February 20241 KWD = 50694.80 IDR
18 February 20241 KWD = 50811.70 IDR
19 February 20241 KWD = 50829.70 IDR
20 February 20241 KWD = 50848.90 IDR
21 February 20241 KWD = 50966.50 IDR
22 February 20241 KWD = 50914.70 IDR
23 February 20241 KWD = 50729.00 IDR
24 February 20241 KWD = 50695.90 IDR
25 February 20241 KWD = 50695.90 IDR
26 February 20241 KWD = 50729.40 IDR
27 February 20241 KWD = 50901.60 IDR
28 February 20241 KWD = 50955.40 IDR
29 February 20241 KWD = 51151.50 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.
KWD IDR August 2023
KWD IDR September 2023
KWD IDR October 2023
KWD IDR November 2023
KWD IDR December 2023
KWD IDR January 2024
KWD IDR February 2024
KWD IDR March 2024
KWD IDR April 2024
KWD IDR May 2024
KWD IDR June 2024
KWD IDR July 2024
KWD IDR August 2024