The rupiah (IDR) is the currency of Indonesia. The code for the rupiah is IDR. The symbol for the rupiah is Rp.
One rupiah is divided into 100 sen. The rupiah is issued by the Bank of Indonesia.
In early 2018, the value of the rupiah ranged from around Rp13,500 to Rp14,500 per US dollar.
The rupiah has been relatively stable against the US dollar in recent years. However, it has weakened somewhat in recent months due to concerns over the outlook for the Indonesian economy.
The rupiah is not freely convertible and is subject to restrictions on foreign exchange transactions.
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How much is $1 US in rupiah?
In Indonesia, the currency is the rupiah. The rupiah is divided into 100 sen, and coins come in denominations of 1, 5, 10, 25, and 50 sen, and 1 rupiah. Bills come in denominations of 2, 5, 10, 20, 50, 100, 500, 1,000, 5,000, and 10,000 rupiah.
As of May 2017, $1 US is equivalent to 13,675.68 rupiah. This means that if you have $1 US, you can expect to receive 13,675.68 rupiah in return. Keep in mind that the exchange rate can fluctuate, so the value of $1 US may change day-to-day.
How much Indonesian rupiah do I need for a week?
How much Indonesian rupiah do I need for a week?
This is a question that many travelers heading to Indonesia will ask themselves. The answer, of course, depends on your spending habits, but here is a general idea of how much money you will need for a week in Indonesia.
First, you will need to exchange your currency for Indonesian rupiah. The current exchange rate is about IDR 13,000 to USD 1. This means that if you have 100 US dollars, you will get 1,300,000 Indonesian rupiah.
Assuming you are a budget traveler and will be spending around IDR 100,000-200,000 per day, you will need at least 7,000,000 Indonesian rupiah for a week. This will cover your food, transportation, and other expenses. If you plan on doing some sightseeing or shopping, you may need a bit more money.
Keep in mind that the cost of living in Indonesia can vary greatly depending on the city you are in. Jakarta, for example, is a more expensive city than Bali. So, if you are traveling to a more expensive area, you will need to budget accordingly.
Overall, if you are traveling to Indonesia on a budget, you will need at least 7,000,000 Indonesian rupiah for a week’s worth of expenses.
Is 100000 rupiah a lot in Indonesia?
Is 100000 rupiah a lot in Indonesia?
The short answer is yes, 100000 rupiah is a lot of money in Indonesia. In fact, it’s about equivalent to $10 in U.S. currency.
So what can you buy with 100000 rupiah in Indonesia? Well, it’s enough to buy a nice meal in a restaurant, or a few items in a grocery store. It’s also enough to take a taxi ride or to buy a few souvenirs.
Keep in mind that the cost of living in Indonesia can vary depending on the city or region you’re visiting. In some places, 100000 rupiah may not go very far, while in other places it could buy you a few days’ worth of groceries.
Overall, 100000 rupiah is definitely enough to get by on in Indonesia, but it won’t go as far as it would in some other countries.
How much is 100 Indonesian rupiah to a dollar?
How much is 100 Indonesian rupiah to a dollar?
100 Indonesian rupiah is equivalent to 1.02 US dollars.
The Indonesian rupiah is the official currency of Indonesia. It is divided into 100 sen, although coins in circulation are in denominations of 50, 100, 200, 500, and 1000 rupiah.
The US dollar is the official currency of the United States. It is divided into 100 cents, although coins in circulation are in denominations of 1, 5, 10, 25, and 50 cents, and 1 dollar.
The exchange rate of the Indonesian rupiah to the US dollar has been relatively stable in recent years, hovering around the 1.02 mark. However, it has experienced some fluctuations in the past, with a low of 1.03 US dollars per Indonesian rupiah in 2009 and a high of 1.10 US dollars per Indonesian rupiah in 2013.
Why is Indonesian rupiah so weak?
The Indonesian rupiah has been one of the weakest currencies in the world this year. In fact, it has been one of the worst-performing currencies against the US dollar, losing more than 10% of its value since the start of the year.
There are several factors that have contributed to the weakness of the rupiah. Firstly, Indonesia is highly exposed to global trade and therefore, is affected by global economic conditions. The US-China trade war has particularly hurt Indonesia, as it has led to a slowdown in global trade and investment.
Secondly, Indonesia has a high level of public debt, which is estimated to be above 60% of GDP. This has put pressure on the rupiah as investors become increasingly concerned about the country’s ability to repay its debt.
Lastly, Indonesia faces several political and economic challenges. The country is in the midst of a presidential election, which has led to a period of political uncertainty. Additionally, Indonesia’s economic growth has slowed in recent years, as the country has struggled to attract foreign investment and overcome high levels of corruption.
All of these factors have contributed to the weakness of the rupiah and it is likely to remain weak in the near future.
What is the weakest currency in the world?
What is the weakest currency in the world?
There is no definitive answer to this question as it depends on a variety of factors, including a country’s economic stability and global trade relationships. However, some currencies are generally considered to be weaker than others.
For example, the Venezuelan bolivar is currently considered to be the weakest currency in the world. This is due to the fact that Venezuela has experienced significant economic turmoil in recent years, with high levels of inflation and a declining economy.
Other weak currencies include the Zimbabwean dollar, the Iranian rial and the Syrian pound. All of these currencies are affected by economic instability and/or sanctions from other countries.
So why is a weak currency problematic?
A weak currency can be problematic for a number of reasons. Firstly, it can lead to high levels of inflation as prices for goods and services increase to match the falling value of the currency.
Secondly, a weak currency can make it difficult for a country to import goods and services, which can lead to shortages of essential items.
Thirdly, a weak currency can discourage foreign investment in a country, as investors prefer to invest in countries with strong currencies.
Finally, a weak currency can make it difficult for a country to repay its debts, as the value of the currency may be too low to cover the cost of repayment.
So is there anything that can be done to strengthen a currency?
There is no one-size-fits-all answer to this question, as the approach that needs to be taken to strengthen a currency will vary from country to country. However, some common measures that can be taken to strengthen a currency include:
– Introducing measures to control inflation
– Encouraging foreign investment
– Reducing government debt
– Pursuing economic reform
How much is a meal in Indonesia?
The cost of food in Indonesia can vary greatly, depending on the type of food you want to eat. Local dishes can be quite affordable, while Western food can be quite expensive.
In general, you can expect to pay between 5,000 and 10,000 IDR (about 40 to 80 cents US) for a simple meal of local food. If you want something a bit more elaborate, or if you’re eating at a Western restaurant, the price will be higher. You can expect to pay around 20,000 IDR (about $1.50 US) for a good meal at a Western restaurant.