Indonesian Rupiah (IDR)
About the Indonesian Rupiah
The Indonesian “rupiah” (plural: rupiahs) is the official currency used in the country of Indonesia. Its official currency code (ISO) is “IDR” and it is symbolized by “Rp”. The primary denominations include 100, 200, 500 rupiahs coins; and 1000, 2000, 5000, 10 000, 20 000, 50 000, and 100 000 rupiah paper bank notes (1 rupiah = 100 sen, however sen are rarely used). In Indonesia, decimal numbers are denoted using a comma (e.g. 1,50). The rupiah has a managed floating exchange rate that is tied to the US dollar and its value is often seen as being dependent on commodity prices (Indonesia’s largest export).
Central Bank: Bank Indonesia
News: Indonesian Rupiah
- Bank Indonesia Steps Up Efforts to Defend Rupiah - WSJ (17 December 2014, 4:56 am)
- Rupiah Plummets as Investors Retreat From Risk - WSJ (15 December 2014, 10:58 am)
- Rupiah advances on poll outlook - won, rupee slide - Taipei Times (13 July 2014, 7:00 am)
Reports & Events: Indonesian Rupiah
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