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).

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

3967 Indonesian Rupiah to Israeli Shekel exchange rates chart

3967 IDR to ILS exchange rates graph
3967 IDR to ILS 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.

3967 IDR to ILS exchange rates table

Exchange IDR to ILS
3967 Indonesian Rupiah = 0.991 Israeli Shekel
7934 Indonesian Rupiah = 1.983 Israeli Shekel
19835 Indonesian Rupiah = 4.956 Israeli Shekel
39670 Indonesian Rupiah = 9.913 Israeli Shekel
Exchange Indonesian Rupiah to Israeli Shekel
3967 Indonesian Rupiah to Israeli Shekel 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.

3967 IDR to ILS 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.

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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.

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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.

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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.

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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

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Business in brief: Cabinet approves Amir Yaron as next Bank of Israel chief

Brookland Upreal tells bondholders it may not be able to repay debt in 2019 ■ Fallen tycoon Joseph Greenfeld reaches debt agreement ■ Mortgage lending profits at Israeli banks soared in first nine months

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Apple, trade woes sink stocks; growth worries drag on dollar

World stock markets fell on Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also pushed down the dollar. The U.S. benchmark S

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After the victory celebration, the weighty problems facing Jerusalem's new mayor

Moshe Leon has a chance of being a good mayor, but he'll have to make sure he gives everyone — Hasidim and Palestinians and leftists alike — the feeling that they have a place in the city, too

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Israel PM Netanyahu battles to save weakened ruling coalition

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu was battling to keep his government afloat on Friday after Defense Minister Avigdor Lieberman quit over a ceasefire deal for Gaza. Left with a single seat majority in parliament after the walkout by Lieberman and his hawkish Yisrael Beitenu party, most media saw little way for Netanyahu to avoid calling a snap general

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3967 IDR to ILS currency converter