There are many types of money in Indonesia, which can be confusing for foreigners. The most common type is the rupiah (IDR), which is the official currency of Indonesia. Other currencies that are used in Indonesia include the US dollar, the Singapore dollar, and the Malaysian ringgit.
The rupiah is divided into 100 sen, and paper notes are available in denominations of 100, 200, 500, 1,000, 2,000, 5,000, and 10,000 rupiah. Coins are available in denominations of 25 and 50 …
What Type Of Money Does Indonesia Use
The Indonesian currency is known as the Rupiah. It is divided into 100 sen, although coins are no longer in circulation. Banknotes are available in denominations of 1000, 5000, 10,000, 20,000, 50,000 and 100,000 rupiah.
The Rupiah is a closed currency, which means that it is not traded internationally and can only be used within Indonesia. It is pegged to the US dollar, so its value remains relatively stable.
What does RP mean Indonesia? RP stands for rupiah, the official currency of Indonesia. The rupiah is subdivided into 100 sen, although inflation has rendered these coins obsolete. Banknotes are issued in denominations of 1000, 2000, 5000, 10,000, 20,000, 50,000, and 100,000 rupiah.
The rupiah has been in use in Indonesia since the Dutch East Indies colony began issuing coins in 1808. The currency was initially based on the Spanish dollar, but it was later linked to the sterling area. …