Indonesian Rupiah

Indonesian Rupiah

Indonesian Rupiah overview

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).

1 IDR to USD exchange rates chart

IDR to  exchange rates chart

Indonesian Rupiah exchange rates table

Indonesian Rupiah news

Oil price slump, Brexit news boost most Asian currencies

Nov 14- Most Asian currencies firmed on Wednesday as the dollar softened and a slump in oil prices eased concerns about inflation risks. Oil prices.

conditional neutral
USD/MYR May Drop Next as Dominant Trends in IDR and PHP Continue

Multiple bearish signals in USD/MYR warn that that Malaysian Ringgit may appreciate against the US Dollar next. Meanwhile the dominant trends in USD/IDR and USD/PHP

conditional negative
Most Asian currencies firm on U.S.-China trade talk hopes

Nov 13- Most Asian currencies firmed on Tuesday on hopes of a thaw in Sino-U.S. trade tensions after reports that the two sides have resumed.

indicative neutral
Rupee falls 26 paise ahead of CPI, IIP data; opens at 72.76 per US dollar

Rupee opened on a weak note in the morning trade falling 26 paise to 72.76 per US dollar ahead of CPI and IIP data due today.

conditional negative
Asian currencies fall on global worries, dollar strength

Indian rupee weakens 0.6 pct, leads losses; Jump in oil prices puts pressure on rupee, rupiah and peso; India's inflation data due later in day

indicative neutral
Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next,

conditional negative
U.S. Stocks Sink on Tech Rout; Treasuries Advance: Markets Wrap
U.S. Stocks Sink on Tech Rout; Treasuries Advance: Markets Wrap

(Bloomberg) -- U.S. stocks fell amid a fresh round of selling in technology shares sparked by weak earnings, while crude capped its longest losing ...

indicative neutral
Southeast Asian central banks play defense against Fed tightening
Southeast Asian central banks play defense against Fed tightening

SINGAPORE/BANGKOK -- Southeast Asia's central banks are moving to shield their economies and financial markets from an uncertain regional outlook trig

conditional neutral
Asian stocks gain as US midterm election overhang ends

HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose on Thursday, tracking solid overnight gains from Wall Street and cheering the end of

conditional positive

IDR currency converter