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).

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

19067 Indonesian Rupiah to British Pound exchange rates chart

19067 IDR to GBP exchange rates graph
19067 IDR to GBP 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.

19067 IDR to GBP exchange rates table

Exchange IDR to GBP
19067 Indonesian Rupiah = 1.003 British Pound
38134 Indonesian Rupiah = 2.006 British Pound
95335 Indonesian Rupiah = 5.016 British Pound
190670 Indonesian Rupiah = 10.032 British Pound
Exchange Indonesian Rupiah to British Pound
19067 Indonesian Rupiah to British Pound 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.

Best IDR/GBP rate at VIP Money Changer in Jakarta

19067 IDR to GBP exchange rates at VIP Money Changer in Jakarta
19067 Indonesian Rupiah = 0.993 British Pound
VIP Money Changer
VIP Money Changer

Who We Are VIP Money Changer has been a leading foreign exchange dealer in Jakarta since 1995. Maintaining a good reputation is not an easy task to do--we do our best to keep you, our customers, satisfied. We updates our business models on the go to match your satisfaction criteria. As a result we have proudly been serving our community for decades and counting. The Indonesian Central Bank recognized VIP Money Changer as an authorized foreign exchange dealer (Indonesian Authorized Foreign...

Best IDR/GBP rate at Smartdeal in Jakarta

19067 IDR to GBP exchange rates at Smartdeal in Jakarta
19067 Indonesian Rupiah = 0.989 British Pound
Smartdeal
Smartdeal

The company started under the name PT. Dinamis Citra Swakarsa which was founded in 1998 by Mr. Pongky Majaya. PT Dinamis Citra Swakarsa provide wholesale currency exchange services in Jakarta and has been successful ever since. PT Dinamis Citra Swakarsa operates with license from Bank of Indonesia No.5/218/KEP.Dir.PM/2003 On 28th of November 2011 the company expanded its product line and created PT. Solusi Multi Artha which operates in remittance services with license from Bank of Indonesia...

Best IDR/GBP rate at HSBC in Jakarta

19067 IDR to GBP exchange rates at HSBC in Jakarta
19067 Indonesian Rupiah = 0.970 British Pound
HSBC
HSBC

HSBC Group has a long and diverse history in Indonesia. HSBC opened its first branch in the country in Jakarta in 1884 under the name of The Hongkong and Shanghai Banking Corporation Limited, Indonesia Branch (“HSBC Foreign Bank Branch in Indonesia”). HSBC initially helped finance and facilitate the Indonesian sugar trade. HSBC then started expanding operations, by establishing a second office in the city of Surabaya in 1896. Over the subsequent years and decades HSBC has continued to grow...

19067 IDR to GBP exchange rates news

Rupee falls 26 paise ahead of CPI, IIP data; opens at 72.76 per US dollar

Rupee opened on a weak note in the morning trade falling 26 paise to 72.76 per US dollar ahead of CPI and IIP data due today.

conditional negative
Asian currencies fall on global worries, dollar strength

Indian rupee weakens 0.6 pct, leads losses; Jump in oil prices puts pressure on rupee, rupiah and peso; India's inflation data due later in day

indicative neutral
Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next,

conditional negative
U.S. Stocks Sink on Tech Rout; Treasuries Advance: Markets Wrap
U.S. Stocks Sink on Tech Rout; Treasuries Advance: Markets Wrap

(Bloomberg) -- U.S. stocks fell amid a fresh round of selling in technology shares sparked by weak earnings, while crude capped its longest losing ...

indicative neutral
Southeast Asian central banks play defense against Fed tightening
Southeast Asian central banks play defense against Fed tightening

SINGAPORE/BANGKOK -- Southeast Asia's central banks are moving to shield their economies and financial markets from an uncertain regional outlook trig

conditional neutral
Asia stocks tumble after US rout; Tokyo down 3%

SYDNEY (BLOOMBERG) - Asian stocks tumbled at the open on Tuesday (Nov 13), with Japanese benchmarks sliding more than 3 per cent, following a tech-led slump on Wall Street overnight thanks to a deteriorating outlook for iPhone sales.. Read more at straitstimes.com.

indicative positive
Currency traders betting on a Brexit deal are having a rough time
Currency traders betting on a Brexit deal are having a rough time

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders who believe a Brexit deal, which would likely give sterling a massive boost, could be near.

conditional negative
Great British pound slides in value amid renewed Brexit worries
Great British pound slides in value amid renewed Brexit worries

The Great British pound has slid in value against the US dollar amid renewed worries surrounding the ongoing issue of Brexit.

conditional neutral
British Pound Jumps As Barnier Says Brexit Treaty Text "Almost Ready"

Reporting to EU27 Ministers today after late night talks, Michel Barnier, the EU’s Chief Negotiator says “the parameters of a possible agreement are very largely defined”

conditional neutral

19067 IDR to GBP currency converter