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  • Indonesia
    Friday Jan 9, 1998

    1997 Asian financial crisis

    11,000 rupiah to 1 U.S. dollar

    Indonesia
    Friday Jan 9, 1998

    The rate plunged to over 11,000 rupiah to 1 U.S. dollar on 9 January 1998, with spot rates over 14,000 during 23–26 January and trading again over 14,000 for about six weeks during June–July 1998.




  • Indonesia
    Thursday Dec 31, 1998

    1997 Asian financial crisis

    the rate was almost exactly 8,000 to 1 U.S. dollar

    Indonesia
    Thursday Dec 31, 1998

    On 31 December 1998, the rate was almost exactly 8,000 to 1 U.S. dollar. Indonesia lost 13.5% of its GDP that year.




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