Indonesian Rupiah

Indonesian Rupiah

The rupiah (Rp) is the official currency of Indonesia. Issued and controlled by the Bank of Indonesia, the ISO 4217 currency code for the Indonesian rupiah is IDR. The name "Rupiah" is derived from the Indian word rupiya (रुपीया), ultimately from Sanskrit rupyakam (रूप्यकम्; silver). 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. Introduced in 1946 by Indonesian nationalists fighting for independence, the currency replaced a version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971 respectively (see Riau rupiah and West Irian rupiah).

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

1033 Indonesian Rupiah to South African Rand exchange rates chart

1033 IDR to ZAR exchange rates graph
1033 IDR to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1033 IDR to ZAR exchange rates table

Exchange IDR to ZAR
1033 Indonesian Rupiah = 1.000 South African Rand
2066 Indonesian Rupiah = 1.999 South African Rand
5165 Indonesian Rupiah = 4.999 South African Rand
10330 Indonesian Rupiah = 9.997 South African Rand
Exchange Indonesian Rupiah to South African Rand
1033 Indonesian Rupiah to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1033 IDR to ZAR exchange rates news

How to shine in Indonesian science? Game the system

Researchers object to a metric that was easy to manipulate

13 days conditional positive
Experts say Indonesia's latest tsunami should be a wake up call about disaster preparedness: 'The system totally failed'

A tsunami triggered by a volcanic explosion struck Indonesia on December 23. Experts say the disaster should spur new research on tsunami triggers.

16 days conditional positive
After the Indonesian tsunami: Cashing in on the dead | DW | 02.01.2019

The devastating tsunami has shattered the lives of thousands of people. More than 400 families have lost members — and in the hospitals, of all places, people have been cashing in on the survivors' suffering.

19 days imperative positive
Costly policies make for a hard year for Indonesia’s economy
Costly policies make for a hard year for Indonesia’s economy

It was a worrying year for the economy, but for most Indonesians, it was business as usual and that will remain the same in 2019.

24 days indicative neutral
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

1033 IDR to ZAR currency converter