Historic Kuwaiti Dinar Indonesian Rupiah

Kuwaiti Dinar indonesian rupiah history for January 2024. The highest quote for this month is 51683 (25/01/2024) and the lowest 51410.9 (28/01/2024). The difference between high and low is 0.53.

KWD IDR average rate for January 2024 is 50782.58148, the change between 01/01/2024 and 31/01/2024 is -2.48 %.

01 January 20241 KWD = 50143.70 IDR
02 January 20241 KWD = 50143.40 IDR
03 January 20241 KWD = 50485.40 IDR
04 January 20241 KWD = 50664.50 IDR
05 January 20241 KWD = 50512.90 IDR
06 January 20241 KWD = 50422.60 IDR
07 January 20241 KWD = 50438.90 IDR
08 January 20241 KWD = 50410.40 IDR
09 January 20241 KWD = 50490.40 IDR
10 January 20241 KWD = 50602.60 IDR
11 January 20241 KWD = 50666.10 IDR
12 January 20241 KWD = 50704.00 IDR
14 January 20241 KWD = 50599.00 IDR
15 January 20241 KWD = 50527.00 IDR
16 January 20241 KWD = 50664.80 IDR
17 January 20241 KWD = 50856.00 IDR
18 January 20241 KWD = 50823.00 IDR
19 January 20241 KWD = 50802.40 IDR
22 January 20241 KWD = 50763.00 IDR
23 January 20241 KWD = 50956.90 IDR
24 January 20241 KWD = 51155.60 IDR
25 January 20241 KWD = 51164.00 IDR
26 January 20241 KWD = 51461.70 IDR
28 January 20241 KWD = 51410.90 IDR
29 January 20241 KWD = 51340.20 IDR
30 January 20241 KWD = 51533.50 IDR
31 January 20241 KWD = 51386.80 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
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KWD IDR January 2024
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