Historic Singapore dollar Indonesian Rupiah

Singapore dollar indonesian rupiah history for January 2024. The highest quote for this month is 11836.2 (25/01/2024) and the lowest 11800.9 (28/01/2024). The difference between high and low is 0.3.

SGD IDR average rate for January 2024 is 11689.61071, the change between 01/01/2024 and 31/01/2024 is -1.06 %.

01 January 20241 SGD = 11662.30 IDR
02 January 20241 SGD = 11660.00 IDR
03 January 20241 SGD = 11684.80 IDR
04 January 20241 SGD = 11709.70 IDR
05 January 20241 SGD = 11667.80 IDR
06 January 20241 SGD = 11668.70 IDR
07 January 20241 SGD = 11672.40 IDR
08 January 20241 SGD = 11640.50 IDR
09 January 20241 SGD = 11662.50 IDR
10 January 20241 SGD = 11671.80 IDR
11 January 20241 SGD = 11688.50 IDR
12 January 20241 SGD = 11701.00 IDR
13 January 20241 SGD = 11678.30 IDR
14 January 20241 SGD = 11673.20 IDR
15 January 20241 SGD = 11639.80 IDR
16 January 20241 SGD = 11654.10 IDR
17 January 20241 SGD = 11639.30 IDR
18 January 20241 SGD = 11621.70 IDR
19 January 20241 SGD = 11619.30 IDR
22 January 20241 SGD = 11639.10 IDR
23 January 20241 SGD = 11663.60 IDR
24 January 20241 SGD = 11720.20 IDR
25 January 20241 SGD = 11730.10 IDR
26 January 20241 SGD = 11794.50 IDR
28 January 20241 SGD = 11795.30 IDR
29 January 20241 SGD = 11749.40 IDR
30 January 20241 SGD = 11815.20 IDR
31 January 20241 SGD = 11786.00 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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