What Currency In Indonesia
The Indonesian rupiah (IDR) is the official currency of Indonesia. It is subdivided into 100 sen, although coins are no longer in circulation. The rupiah is issued by the Bank of Indonesia.
Until the 1960s, the rupiah was pegged to the British pound sterling. However, this peg was abandoned and the rupiah was allowed to float in response to the oil price shocks of the 1970s.
The rupiah has been relatively stable in recent years, although it has fallen in value against the US dollar in recent months. As of November 2017, US$1 was worth IDR13,635.
There are a number of foreign currencies which are also accepted in Indonesia, including the US dollar, the Australian dollar and the Chinese yuan.
How much is $1 US in Indonesia?
The current exchange rate between the US dollar and the Indonesian rupiah is about 13,700 rupiah per dollar. This means that if you have 1 US dollar, you can exchange it for 13,700 rupiah.
However, the exchange rate can vary depending on the current market conditions. So, it’s always a good idea to check the latest exchange rate before you go to Indonesia.
If you’re looking to exchange your money once you’re in Indonesia, you’ll find that most banks and money changers offer a similar exchange rate. However, it’s always worth checking around to see who offers the best rate.
If you’re looking to buy goods or services in Indonesia, be aware that prices are often quoted in rupiah, even if the product or service is from a foreign company. So, if you’re not familiar with the exchange rate, it can be easy to get confused about how much something costs.
Overall, the current exchange rate between the US dollar and the Indonesian rupiah is fairly favourable for US tourists. However, it’s always a good idea to do your research and be prepared for any fluctuations in the exchange rate.
What is the best currency to use in Indonesia?
There are a few different currencies that can be used in Indonesia, but the best one to use depends on the location. In most cases, the Indonesian rupiah is the best currency to use, but there are some exceptions.
The Indonesian rupiah is the official currency of Indonesia. It is divided into 100 sen, and there are Bank Indonesia notes in denominations of 1000, 5000, 10,000, 20,000, 50,000, and 100,000 rupiah. There are also coins in denominations of 25 and 50 sen, and 1, 5, and 10 rupiah.
The US dollar is also accepted in some locations, especially in tourist areas. Singapore dollars are sometimes accepted in tourist areas as well. Other currencies may be accepted in specific locations, so it’s best to check before you travel.
The best currency to use in most cases is the Indonesian rupiah. It is the official currency of the country, and it is accepted in most places. The US dollar and Singapore dollar may also be accepted in some cases, but they are not as widely accepted as the rupiah.
What is the main currency of Indonesia?
The Indonesian rupiah (IDR) is the main currency of Indonesia. It is subdivided into 100 sen, and is often presented with the symbol Rp. Banknotes are issued in denominations of Rp 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000, while coins are issued in denominations of Rp 1,000, 5,000, 10,000, and 20,000.
The rupiah has been in use in Indonesia since 1828, and was introduced as a replacement for the Dutch guilder. It has been devalued several times over the years, most recently in 2015, when it was reduced in value by 6.5%. The rupiah is currently pegged to the US dollar.
The rupiah is the official currency of Indonesia, and is used in everyday transactions throughout the country. It is also accepted in neighbouring countries, such as Malaysia and Singapore.
Is Euro accepted in Indonesia?
The question of whether or not the euro is accepted in Indonesia is a tricky one to answer. Officially, the answer is no, the euro is not accepted as a legal currency in Indonesia. However, in practice, it is increasingly being used as a means of payment in some areas of the country.
The main reason for the euro’s lack of official status in Indonesia is that the country has a large domestic currency, the rupiah. In addition, the euro is not as widely used as other global currencies such as the US dollar, so it is not seen as being as important for Indonesia’s economy.
Despite this, the euro is becoming more popular in some parts of Indonesia. This is partly because the rupiah has been weakening in recent years, making the euro a more attractive option for foreign currency exchange. Additionally, as Indonesia’s economy has been growing in recent years, the use of the euro as a means of payment has been increasing in areas such as tourism and business.
So, while the euro is not currently accepted as a legal currency in Indonesia, it is gradually becoming more popular in certain areas of the country.
How much is a can of Coke in Indonesia?
A can of Coke in Indonesia will typically cost you around Rp 5,000-Rp 7,000. This is much cheaper than in many other countries, where a can of Coke can cost upwards of $2.
How much is a loaf of bread in Indonesia?
A loaf of bread in Indonesia typically costs between Rp. 10,000 and Rp. 20,000. The price can vary depending on the size of the loaf, the type of bread, and the brand.
There are a variety of different types of bread available in Indonesia, including white bread, whole wheat bread, rye bread, and oat bread. The most popular type of bread in Indonesia is white bread, which is made from wheat flour, water, salt, and yeast.
Many different brands of bread are available in Indonesia, including the well-known brands like Bandung, Sunflower, and Wonder. However, there are also a number of local brands that are popular in certain regions.
In general, the price of bread in Indonesia is relatively affordable, especially compared to the price of bread in other countries. This makes bread a popular staple food in Indonesia, and it is commonly eaten for breakfast, lunch, and dinner.
What money should I take to Bali?
Bali is a beautiful island located in Indonesia. It is a popular tourist destination, and many people want to know what money they should take with them.
The currency in Bali is the Indonesian rupiah. There are around 100,000 rupiah to the US dollar, so you’ll want to keep that in mind when converting your currency.
You can easily exchange your money at the airport or in any town on the island. There are also a number of ATMs around Bali, so you’ll be able to get cash easily if you need it.
Overall, Bali is a very affordable destination, and you’ll be able to enjoy your time there without spending a lot of money. Just make sure to have some Indonesian rupiah on hand so that you can easily purchase things like food, drinks, and souvenirs.