Historic Singapore dollar Indonesian Rupiah

Singapore dollar indonesian rupiah history for February 2024. The highest quote for this month is 11770.4 (01/02/2024) and the lowest 11752.2 (01/02/2024). The difference between high and low is 0.15.

SGD IDR average rate for February 2024 is 11640.09643, the change between 01/02/2024 and 29/02/2024 is +0.77 %.

01 February 20241 SGD = 11764.30 IDR
02 February 20241 SGD = 11765.90 IDR
03 February 20241 SGD = 11665.40 IDR
04 February 20241 SGD = 11668.20 IDR
05 February 20241 SGD = 11706.20 IDR
06 February 20241 SGD = 11664.00 IDR
07 February 20241 SGD = 11709.10 IDR
08 February 20241 SGD = 11648.50 IDR
09 February 20241 SGD = 11627.70 IDR
10 February 20241 SGD = 11609.60 IDR
12 February 20241 SGD = 11595.50 IDR
13 February 20241 SGD = 11585.30 IDR
14 February 20241 SGD = 11592.00 IDR
15 February 20241 SGD = 11540.00 IDR
16 February 20241 SGD = 11647.20 IDR
17 February 20241 SGD = 11602.00 IDR
18 February 20241 SGD = 11624.50 IDR
19 February 20241 SGD = 11617.00 IDR
20 February 20241 SGD = 11612.40 IDR
21 February 20241 SGD = 11655.40 IDR
22 February 20241 SGD = 11639.20 IDR
23 February 20241 SGD = 11612.90 IDR
24 February 20241 SGD = 11605.00 IDR
25 February 20241 SGD = 11608.50 IDR
26 February 20241 SGD = 11602.60 IDR
27 February 20241 SGD = 11633.40 IDR
28 February 20241 SGD = 11647.30 IDR
29 February 20241 SGD = 11673.60 IDR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
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