What is Indonesian Rupiah?
The rupiah is the official currency of Indonesia. It is issued and controlled by Bank Indonesia. The name “rupiah” is derived from the Sanskrit word for silver, rupyakam. Sometimes, Indonesians also informally use the word perak in referring to rupiah in coins
Why is Indonesian rupiah so cheap?
Printing 100-rupiah banknotes was easier than printing several small-denomination ones. Also, the rising activity of counterfeiting caused hyperinflation in the Indonesian money. As a consequence of the laws approved to ban the purchase of basic goods, the rupiah could no longer be trusted.
How much is $1 US in Indonesia?
1 USD = 15,654.177681 IDR Nov 01, 2022 02:25 UTC
The currency converter below is easy to use and the currency rates are updated frequently.
What is the weakest currency in the world?
The Iranian Rial is the least valued currency in the world. It is the lowest currency to USD. For the simplification of calculations, Iranians regularly use the term ‘Toman’. 1 Toman equals 10 Rials.
Who is on the 10000 Indonesian rupiah?
The 10,000 Rupiah note front design features Frans Kaisiepo, who was a Papuan politician and Indonesian nationalist (1921 – 1979).
How much Indonesian rupiah do I need for a week?
A vacation to Indonesia for one week usually costs around Rp5,156,488 for one person. So, a trip to Indonesia for two people costs around Rp10,312,976 for one week. A trip for two weeks for two people costs Rp20,625,952 in Indonesia
Where to buy indonesian rupiah in Namibia?
This can be bought in various banks in Namibia as well as from foreign exchange online portals.