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).

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

2223 Indonesian Rupiah to Danish Krone exchange rates chart

2223 IDR to DKK exchange rates graph
2223 IDR to DKK 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.

2223 IDR to DKK exchange rates table

Exchange IDR to DKK
2223 Indonesian Rupiah = 0.995 Danish Krone
4446 Indonesian Rupiah = 1.989 Danish Krone
11115 Indonesian Rupiah = 4.973 Danish Krone
22230 Indonesian Rupiah = 9.947 Danish Krone
Exchange Indonesian Rupiah to Danish Krone
2223 Indonesian Rupiah to Danish Krone 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/DKK rate at Smartdeal in Jakarta

2223 IDR to DKK exchange rates at Smartdeal in Jakarta
2223 Indonesian Rupiah = 0.950 Danish Krone
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...

2223 IDR to DKK exchange rates news

High baht putting off tourists – and foreign residents
High baht putting off tourists – and foreign residents

There seems to be alarm, almost bordering on panic, at the falling tourist statistics, and many sectors are commenting on ways to reverse this trend, including waiving visa fees.

conditional neutral
Indonesia's latest economic stimulus package: What you need to know

The Indonesian government is going on a streak to weather down external shocks affecting the countrys economic performance.

conditional neutral
Indonesia c.bank surprises with 6th rate hike to shore up rupiah

C.bank unexpectedly hikes benchmark 25 bps to 6.00 pct; BI has raised key rate six times in 2018, by 175 bps; BI gives banks more liquidity.

indicative neutral
Fund managers place bets on Asia's oversold assets

: THE BUSINESS TIMES Banking & Finance - AS contagion from worries over global growth and trade friction pushes Asian equity, bond and currency markets deeper into bear territory, fund managers are hunting for bargains in Chinese and Indian equities and high-yielding Asian dollar bonds.. Read more at The Business Times.

indicative negative
Indonesia: October trade deficit is second worse since April 2014
Indonesia: October trade deficit is second worse since April 2014

A weak trade performance in October could still see a current account deficit at -3.3% of GDP in 4Q and a full year current account deficit of -3% of GDP

indicative neutral
Melbourne Airport security should take a bow

Melbourne Airport security should take a bow. Its system outperformed that of Adelaide, Sydney, Dallas, New York and Los Angeles.

conditional neutral
Major curriencies up

Uniindia: Mumbai, Nov 12 (UNI) Following were the indicative currency<br />rates and travellers'' cheques buying and selling rates per<br />unit.

indicative neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral

2223 IDR to DKK currency converter