Currency Rate Indonesian Rupiah to USD
Our Currency Rate IDR latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the IDR. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
IDR 0.000054
Selling rate
IDR0.000071
The Indonesian Rupiah, commonly abbreviated as IDR, is the official currency of Indonesia. The IDR is symbolized as "Rp." Introduced in 1946, the Indonesian rupiah replaced the Dutch East Indies guilder.
Currency Details
Symbol: Rp
ISO Code: IDR
Subunits: 1 Rupiah = 100 sen (though sen are no longer used)
Banknotes and Coins
The IDR is available in both coins and banknotes:
Coins:
50 rupiah
100 rupiah
200 rupiah
500 rupiah
1000 rupiah
Banknotes:
2000 rupiah
5000 rupiah
10,000 rupiah
20,000 rupiah
50,000 rupiah
100,000 rupiah
History and Background
The Indonesian Rupiah was introduced after Indonesia gained independence from the Netherlands. It has undergone several redenominations to stabilize its value.
Economic Significance
The IDR is vital to Indonesia's economy, facilitating trade, investment, and economic development. Indonesia has a diverse economy, with key sectors including agriculture, mining, manufacturing, services, and tourism. The rupiah's value is influenced by various factors, including commodity prices, economic policies, and global market conditions.
Usage and Exchange
The IDR is widely accepted across Indonesia for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Indonesian rupiah is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Indonesian Rupiah is more than just a currency; it is a symbol of Indonesia's cultural diversity, economic progress, and national pride. Understanding the IDR is essential for anyone engaging with Indonesia's dynamic economy, whether you are a resident or a visitor. The rupiah's stability and accessibility play a crucial role in the country's economic resilience and growth.
Currency Details
Symbol: Rp
ISO Code: IDR
Subunits: 1 Rupiah = 100 sen (though sen are no longer used)
Banknotes and Coins
The IDR is available in both coins and banknotes:
Coins:
50 rupiah
100 rupiah
200 rupiah
500 rupiah
1000 rupiah
Banknotes:
2000 rupiah
5000 rupiah
10,000 rupiah
20,000 rupiah
50,000 rupiah
100,000 rupiah
History and Background
The Indonesian Rupiah was introduced after Indonesia gained independence from the Netherlands. It has undergone several redenominations to stabilize its value.
Economic Significance
The IDR is vital to Indonesia's economy, facilitating trade, investment, and economic development. Indonesia has a diverse economy, with key sectors including agriculture, mining, manufacturing, services, and tourism. The rupiah's value is influenced by various factors, including commodity prices, economic policies, and global market conditions.
Usage and Exchange
The IDR is widely accepted across Indonesia for all transactions, from everyday purchases to significant business deals. For visitors and expatriates, exchanging foreign currency for Indonesian rupiah is straightforward, with numerous exchange bureaus, banks, and ATMs available throughout the country. Major credit cards are also widely accepted, ensuring convenience for international travelers.
Conclusion
The Indonesian Rupiah is more than just a currency; it is a symbol of Indonesia's cultural diversity, economic progress, and national pride. Understanding the IDR is essential for anyone engaging with Indonesia's dynamic economy, whether you are a resident or a visitor. The rupiah's stability and accessibility play a crucial role in the country's economic resilience and growth.