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

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
EMERGING MARKETS-Lira falls as inflation spikes, rupiah hits 20-yr low

Turkey's lira led emerging currency losses on Monday after inflation spiked to almost 18 percent in August, while the Indonesian rupiah fell to its lowest level since the Asian financial crisis.

about 2 months conditional positive
Bearish bets on Indian rupee, Indonesian rupiah at highest in years: Reuters poll

Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.

about 2 months conditional neutral
Indonesia growth slows as rupiah selloff, spending slump bites

JAKARTA: Indonesia's growth slowed slightly in the third quarter, government data showed on Monday (Nov 5), as Southeast Asia's largest economy ...

2 months conditional negative

IDR currency converter