Indonesian Rupiah, the currency of Indonesia
The rupiah (Rp, code: IDR) is issued and controlled by the Bank of Indonesia. The symbol used on all banknotes and coins are Rp. The name derives from the Indian monetary unit rupee. Informally, Indonesians also use the word 'perak' ('silver' in Indonesian) in referring to rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete. The catastrophic damage to the rupiah caused in 1997-1998 severely damaged confidence in the currency. Even though the rupiah is freely convertible currency, it is still regarded as a risky currency to hold. Within Indonesia, the preferred currency for exchange is the United States dollar. Other currencies are typically subject to a wide exchange spread.
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| |  USD |  EUR |  GBP |  JPY |  CAD |  AUD |  CHF |  RUB |  CNY |  ZAR |  MXN |  | 1 IDR = | 0.00009 | 0.00007 | 0.00006 | 0.00927 | 0.00009 | 0.00010 | 0.00008 | 0.00313 | 0.00058 | 0.00095 | 0.00122 | | Inverse: | 10505.3 | 14014.2 | 16424.4 | 107.776 | 10176.6 | 9638.37 | 11343.8 | 319.331 | 1717.97 | 1050.24 | 817.574 |
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