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).

Mauritian Rupee

Mauritian Rupee

The rupee (sign: ₨; ISO 4217 code: MUR; pronunciation: [ʁupi]) is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee.

417 Indonesian Rupiah to Mauritian Rupee exchange rates chart

417 IDR to MUR exchange rates graph
417 IDR to MUR 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.

417 IDR to MUR exchange rates table

Exchange IDR to MUR
417 Indonesian Rupiah = 0.980 Mauritian Rupee
834 Indonesian Rupiah = 1.960 Mauritian Rupee
2085 Indonesian Rupiah = 4.900 Mauritian Rupee
4170 Indonesian Rupiah = 9.799 Mauritian Rupee
Exchange Indonesian Rupiah to Mauritian Rupee
417 Indonesian Rupiah to Mauritian Rupee 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.

417 IDR to MUR exchange rates news

AEC Feed
AEC Feed

New Indonesian special economic zone opens for business in Riau Islands

conditional positive
Papua: how Indonesian president Jokowi is trying – and failing – to win hearts and minds

The government is focusing on economic development, but ignoring human rights abuses, local politics and indigenous peoples.

conditional negative
Namibia Announces Issuance of its First Green Bond
Namibia Announces Issuance of its First Green Bond

Bank Windhoek, a Namibian commercial bank, became the first commercial bank to issue a green bond not only in Namibia but also across southern Africa.

indicative neutral
Indonesia central bank surprises with 6th rate hike to shore up rupiah

Indonesia's central bank raised its benchmark interest rate for the sixth time this year as the country struggled to protect the fragile rupiah and lower its yawning current-account deficit.

conditional positive
Mauritius bourse looks to entice African issuers with new index

PORT LOUIS (Reuters) - The Stock Exchange of Mauritius will launch a new index next month dedicated to African firms to attract more issuers from

subjunctive neutral
Mauritius bourse looks to entice African issuers with new index

The Stock Exchange of Mauritius will launch a new index next month dedicated to African firms to attract more issuers from the continent, its chief executive said.

subjunctive neutral
India extends $100 million line of credit to Mauritius

Mauritius is one of Indias closest partners in the IOR and also has close links with France. It will be a key pillar in Indo-French partnership in IOR, officials said.

conditional neutral
Mauritius President Quits After Clash Over Shopping Expenses

Mauritian President Ameenah Gurib-Fakim, the island nation’s first woman head of state, quit in the wake of a scandal over a shopping expenses that led to a breakdown in her relationship with the prime minister.

conditional neutral

417 IDR to MUR currency converter