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).

Hungarian Forint

Hungarian Forint

The forint (sign: Ft; code: HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilization of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Since 2001, inflation is in single digits, and the forint has been declared fully convertible. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, but that does not appear to be likely until some time during the 2020s.

50 Indonesian Rupiah to Hungarian Forint exchange rates chart

50 IDR to HUF exchange rates graph
50 IDR to HUF 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.

50 IDR to HUF exchange rates table

Exchange IDR to HUF
50 Indonesian Rupiah = 0.994 Hungarian Forint
100 Indonesian Rupiah = 1.987 Hungarian Forint
250 Indonesian Rupiah = 4.968 Hungarian Forint
500 Indonesian Rupiah = 9.936 Hungarian Forint
Exchange Indonesian Rupiah to Hungarian Forint
50 Indonesian Rupiah to Hungarian Forint 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.

50 IDR to HUF exchange rates news

How to shine in Indonesian science? Game the system

Researchers object to a metric that was easy to manipulate

9 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.

12 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.

15 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.

20 days indicative neutral

50 IDR to HUF currency converter