Historic Maldivian rufiyaa Indonesian Rupiah

Maldivian rufiyaa indonesian rupiah history for December 2023. The highest quote for this month is 1031.06 (11/12/2023) and the lowest 1022.1 (13/12/2023). The difference between high and low is 0.87.

MVR IDR average rate for December 2023 is 1012.41571, the change between 01/12/2023 and 31/12/2023 is +1 %.

01 December 20231 MVR = 1022.98 IDR
02 December 20231 MVR = 1003.89 IDR
03 December 20231 MVR = 1003.83 IDR
04 December 20231 MVR = 1013.62 IDR
05 December 20231 MVR = 1019.03 IDR
06 December 20231 MVR = 1016.24 IDR
07 December 20231 MVR = 1018.42 IDR
08 December 20231 MVR = 1019.07 IDR
10 December 20231 MVR = 1004.86 IDR
11 December 20231 MVR = 1023.70 IDR
12 December 20231 MVR = 1027.38 IDR
13 December 20231 MVR = 1022.26 IDR
14 December 20231 MVR = 999.7 IDR
15 December 20231 MVR = 1014.30 IDR
16 December 20231 MVR = 1004.47 IDR
17 December 20231 MVR = 1004.47 IDR
18 December 20231 MVR = 1002.15 IDR
19 December 20231 MVR = 1013.40 IDR
20 December 20231 MVR = 1013.44 IDR
21 December 20231 MVR = 1017.57 IDR
22 December 20231 MVR = 1012.46 IDR
23 December 20231 MVR = 1003.83 IDR
24 December 20231 MVR = 1003.70 IDR
25 December 20231 MVR = 1013.76 IDR
26 December 20231 MVR = 1017.11 IDR
27 December 20231 MVR = 1009.84 IDR
28 December 20231 MVR = 1009.39 IDR
29 December 20231 MVR = 1012.80 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.
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