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

Kuwaiti Dinar indonesian rupiah history for October 2023. The highest quote for this month is 51681.6 (23/10/2023) and the lowest 51533 (29/10/2023). The difference between high and low is 0.29.

KWD IDR average rate for October 2023 is 50972.21154, the change between 01/10/2023 and 31/10/2023 is -2.7 %.

01 October 2023	1 KWD = 49996.80 IDR
02 October 2023	1 KWD = 50051.80 IDR
03 October 2023	1 KWD = 50251.00 IDR
04 October 2023	1 KWD = 50604.10 IDR
05 October 2023	1 KWD = 50485.70 IDR
06 October 2023	1 KWD = 50634.90 IDR
09 October 2023	1 KWD = 50516.40 IDR
10 October 2023	1 KWD = 50858.60 IDR
11 October 2023	1 KWD = 50929.90 IDR
12 October 2023	1 KWD = 50848.90 IDR
13 October 2023	1 KWD = 50961.70 IDR
16 October 2023	1 KWD = 50733.00 IDR
17 October 2023	1 KWD = 50761.00 IDR
18 October 2023	1 KWD = 50920.10 IDR
19 October 2023	1 KWD = 51190.10 IDR
20 October 2023	1 KWD = 51363.80 IDR
21 October 2023	1 KWD = 51322.80 IDR
22 October 2023	1 KWD = 51271.00 IDR
23 October 2023	1 KWD = 51404.30 IDR
24 October 2023	1 KWD = 51362.20 IDR
25 October 2023	1 KWD = 51417.60 IDR
26 October 2023	1 KWD = 51428.40 IDR
27 October 2023	1 KWD = 51562.80 IDR
29 October 2023	1 KWD = 51533.00 IDR
30 October 2023	1 KWD = 51519.30 IDR
31 October 2023	1 KWD = 51348.30 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