What is the exchange rate in Indonesia?
The exchange rate in Indonesia is determined by the supply and demand for Indonesian rupiahs in the foreign exchange market. The Central Bank of Indonesia (Bank Indonesia) intervenes in the market to stabilize the exchange rate, and sometimes imposes limits on the amount of rupiahs that can be exchanged for foreign currencies.
The Bank Indonesia Reference Rate is the rate used by the Central Bank to intervene in the market. The Bank also sets a range for the rate, known as the corridor. The corridor is the band within which the Bank allows the exchange rate to fluctuate.
The current Bank Indonesia Reference Rate is 13,445 rupiahs per US dollar. The corridor is 12,500-14,500 rupiahs per US dollar.
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How much is $1 US in Indonesia?
In the year 2019, the exchange rate of the US dollar in Indonesia is about Rp.14,000 to $1 US. This means that for every $1 US that is brought into Indonesia, the person can expect to receive about Rp.14,000 in return. This exchange rate can change on a regular basis, so it is always a good idea to check the latest exchange rate before making any transactions.
There are a few different ways that someone can exchange their US dollars for Indonesian rupiahs. The most common way is to use a currency exchange booth or a bank. Another option is to use a money changer, which is a business that specializes in exchanging foreign currencies. However, it is important to note that money changers typically offer lower exchange rates than banks or currency exchange booths.
It is also possible to use a credit or debit card to purchase items or withdraw money from an ATM in Indonesia. However, it is important to be aware that not all credit and debit cards are accepted in Indonesia. In addition, there may be a foreign transaction fee assessed for each purchase that is made with a foreign credit or debit card.
Is $100 a lot of money in Indonesia?
In Indonesia, $100 is considered a significant amount of money. While there are people who earn much more and people who earn much less, $100 is generally enough to cover several months of living expenses or a significant purchase.
There are a number of things that must be considered when thinking about whether $100 is a lot of money in Indonesia. The cost of living in different parts of the country can vary drastically, so what may be considered a lot of money in one area may not be in another. Additionally, the average income in Indonesia varies significantly from one socioeconomic group to the next.
Generally speaking, however, $100 is a lot of money in Indonesia. It can cover a significant number of living expenses or a large purchase. In some cases, it may be enough to last for several months.
How much is $100 worth in Bali?
Bali is an island located in Indonesia that is a popular tourist destination. The island is known for its beautiful beaches, clear waters, and lush landscape. Bali is also a popular destination for shopping, with many tourist areas offering a wide variety of souvenirs and other items for purchase.
So, how much is $100 worth in Bali? This question is not easy to answer, as the value of money can vary greatly depending on the location. In general, however, $100 should be enough to purchase a number of items in Bali. For example, $100 could buy you a sarong, a shirt, some jewelry, and a pair of sandals. It is important to note, however, that prices can vary significantly from store to store, so it is always best to shop around and compare prices before making any purchases.
If you are looking to purchase more expensive items, such as a piece of furniture or a car, $100 may not be enough. However, it is possible to find cheaper items in Bali than in many other countries, so $100 can still go a long way.
Overall, $100 is worth a decent amount in Bali, and should be able to get you a few nice souvenirs or other items. Just be sure to shop around and compare prices to get the best deals.
Why is Indonesian rupiah so high?
The Indonesian rupiah is one of the most traded currencies in the world. It is also one of the most stable currencies, which is why it is so highly valued.
The Indonesian rupiah has been trading at around IDR13,500 to the US dollar for the past few years. This is significantly higher than the IDR9,000 it was trading at a few years ago.
There are a few reasons for this. Firstly, the Indonesian economy has been doing well in recent years. The country has been recording steady economic growth, and it has a stable government. This has helped to boost the value of the rupiah.
Secondly, the US dollar has been weak in recent years. This has made the rupiah more attractive to investors.
And finally, the Indonesian central bank has been doing a good job of managing the currency. It has been keeping the money supply under control, and it has been intervening in the foreign exchange market to support the rupiah.
All of these factors have helped to keep the rupiah strong. And as long as the Indonesian economy remains strong, the rupiah is likely to continue trading at high levels.
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 (US$0.72 and US$1.44). The price can vary depending on the type of bread and the location.
There are a number of different types of bread available in Indonesia, including white bread, wheat bread, and rye bread. Most bakeries in Indonesia also sell pastries and cakes.
Bread is a popular food in Indonesia and is often eaten as a breakfast or snack item. It is also used in various dishes, such as sandwiches, pizzas, and burgers.
How much Indonesian rupiah do I need for a week?
How much Indonesian rupiah do I need for a week?
This is a difficult question to answer as it depends on a lot of factors, including how much money you plan to spend and what you plan to do. However, a rough estimate would be about 10-15 million rupiah.
Keep in mind that the cost of living in Indonesia can vary a lot depending on the city or region you are in. For example, Jakarta is a more expensive city than Bali. So if you are planning to spend most of your time in a more expensive city, you will need more money.
Also, remember that Indonesian rupiah are not always easy to exchange or spend outside of Indonesia, so it is a good idea to have a bit of extra cash just in case.
Is Thailand cheaper than Indonesia?
Is Thailand cheaper than Indonesia?
That’s a question that is often asked by tourists and expats, and there is no definitive answer. It all depends on what you are looking for and what your budget is.
Generally speaking, Thailand is a bit cheaper than Indonesia. However, there are some things that are more expensive in Thailand, such as alcohol and transportation. And, of course, the cost of living varies depending on the city or town you are in.
If you are looking for a tropical beach holiday, Thailand is probably the cheaper option. Bali is a beautiful island, but it is more expensive than Thailand.
If you are looking to live in Southeast Asia, both Thailand and Indonesia have a lot to offer. Again, it depends on your budget and what you are looking for.
In general, Thailand is a bit cheaper, but there are some things that are more expensive. So, it really depends on what you are looking for.