Historic Maldivian rufiyaa Indonesian Rupiah

Maldivian rufiyaa indonesian rupiah history for January 2024. The highest quote for this month is 1041.45 (30/01/2024) and the lowest 1037.37 (29/01/2024). The difference between high and low is 0.39.

MVR IDR average rate for January 2024 is 1021.50926, the change between 01/01/2024 and 31/01/2024 is -2.48 %.

01 January 20241 MVR = 1010.05 IDR
02 January 20241 MVR = 1008.72 IDR
03 January 20241 MVR = 1016.26 IDR
04 January 20241 MVR = 1021.34 IDR
05 January 20241 MVR = 1015.78 IDR
06 January 20241 MVR = 1005.84 IDR
07 January 20241 MVR = 1006.16 IDR
08 January 20241 MVR = 1014.92 IDR
09 January 20241 MVR = 1016.10 IDR
10 January 20241 MVR = 1018.66 IDR
11 January 20241 MVR = 1021.34 IDR
12 January 20241 MVR = 1020.10 IDR
14 January 20241 MVR = 1008.04 IDR
15 January 20241 MVR = 1016.60 IDR
16 January 20241 MVR = 1019.41 IDR
17 January 20241 MVR = 1024.59 IDR
18 January 20241 MVR = 1023.85 IDR
19 January 20241 MVR = 1023.14 IDR
22 January 20241 MVR = 1023.02 IDR
23 January 20241 MVR = 1026.59 IDR
24 January 20241 MVR = 1030.49 IDR
25 January 20241 MVR = 1030.46 IDR
26 January 20241 MVR = 1040.00 IDR
28 January 20241 MVR = 1025.55 IDR
29 January 20241 MVR = 1037.34 IDR
30 January 20241 MVR = 1041.32 IDR
31 January 20241 MVR = 1035.08 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.