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).

New Zealand Dollar

New Zealand Dollar

The New Zealand dollar (sign: $; code: NZD, also abbreviated NZ$) (Māori: Tāra o Aotearoa) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($), with "NZ$" sometimes used to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the "Kiwi" or "Kiwi dollar", since New Zealand is commonly associated with the indigenous bird and the one-dollar coin depicts a kiwi. Introduced in 1967, the dollar is subdivided into 100 cents. Altogether there are ten denominations—five coins and five banknotes—with the smallest being the 10-cent coin. Formerly there were lower denominations, but those were discontinued due to inflation and production costs. The New Zealand dollar is consistently one of the 10 most traded currencies in the world, being approximately 2.0% of global foreign exchange market daily turnover in 2013.

9542 Indonesian Rupiah to New Zealand Dollar exchange rates chart

9542 IDR to NZD exchange rates graph
9542 IDR to NZD 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.

9542 IDR to NZD exchange rates table

Exchange IDR to NZD
9542 Indonesian Rupiah = 1.000 New Zealand Dollar
19084 Indonesian Rupiah = 2.000 New Zealand Dollar
47710 Indonesian Rupiah = 5.000 New Zealand Dollar
95420 Indonesian Rupiah = 10.000 New Zealand Dollar
Exchange Indonesian Rupiah to New Zealand Dollar
9542 Indonesian Rupiah to New Zealand Dollar 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/NZD rate at HSBC in Jakarta

9542 IDR to NZD exchange rates at HSBC in Jakarta
9542 Indonesian Rupiah = 0.967 New Zealand Dollar
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...

9542 IDR to NZD exchange rates news

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9 days conditional positive
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12 days conditional positive
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15 days imperative positive
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20 days indicative neutral
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about 21 hours indicative neutral
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2 days conditional neutral
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8 days conditional neutral
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11 days conditional positive

9542 IDR to NZD currency converter