What Type Of Money Is Used In Indonesia

What type of money is used in Indonesia?

The money used in Indonesia 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. Banknotes come in denominations of 2, 5, 10, 20, 50, 100, 500, and 1,000 rupiah.

The rupiah has been the currency of Indonesia since 1946. It is issued by the Bank of Indonesia, the country’s central bank. The rupiah is pegged to the US dollar at a rate of IDR 13,445 to USD 1.

Contents

1 What is the best currency to use in Indonesia?
2 What is the currency of Indonesia called?
3 Does Indonesia accept US dollars?
4 Is Euro accepted in Indonesia?
5 How much is a meal in Indonesia?
6 How do you pay for things in Indonesia?
7 How much is $1 US in Indonesia?

What is the best currency to use in Indonesia?

There is no definitive answer to this question as it depends on individual preferences and circumstances. However, some general observations can be made.

First of all, the Indonesian rupiah is the official currency of Indonesia. It is therefore generally accepted throughout the country. However, US dollars are also widely accepted, particularly in tourist areas.

Generally speaking, it is a good idea to carry a mix of both currencies when travelling in Indonesia, as this will give you the most flexibility. If you are only carrying rupiah, you may find that some places do not accept it, or charge a higher price for goods and services. Conversely, if you are only carrying US dollars, you may find that you cannot purchase everything you need.

Another thing to keep in mind is that the exchange rate between the two currencies can fluctuate, so it is worth checking the current rate before you travel. At the time of writing, one US dollar was equivalent to 13,700 rupiah.

What is the currency of Indonesia called?

The currency of Indonesia is called the rupiah. It is divided into 100 sen, and coins come in denominations of 1, 5, 10, 25, and 50 sen, and 1 rupiah. Banknotes come in denominations of 2, 5, 10, 20, 50, 100, 500, and 1,000 rupiah.

Does Indonesia accept US dollars?

Does Indonesia accept US dollars? The answer to this question is both yes and no. Officially, the answer is no, as Indonesian currency is the rupiah. However, US dollars are widely accepted in Indonesia, both as a currency and as a payment method.

The use of US dollars in Indonesia is due, in part, to the fact that the US dollar is the world’s reserve currency. Many businesses and individuals in Indonesia prefer to use US dollars because they are more widely accepted than other currencies, and they can be easily exchanged for rupiahs. In addition, the US dollar is considered a safe haven currency, meaning that it is often used in times of economic uncertainty.

While the use of US dollars is not officially sanctioned by the Indonesian government, there are no restrictions on its use. In fact, the government has even gone so far as to issue a decree stating that the use of US dollars is not illegal. As a result, the use of US dollars is growing in Indonesia, and is likely to continue to do so in the years to come.

Is Euro accepted in Indonesia?

The answer to the question is yes – the Euro is accepted in Indonesia. This is because, even though Indonesia is not a member of the European Union, the Euro is still a recognised global currency.

How much is a meal in Indonesia?

Meal prices in Indonesia vary depending on the type of restaurant, the type of dish, and the location. However, on average, a meal costs between 10,000 and 30,000 Indonesian rupiah (IDR), which is about $0.75 to $2.25 in U.S. currency.

Some of the most popular dishes in Indonesia include nasi goreng (fried rice), mie goreng (fried noodles), satay (chicken or beef skewers), and rendang (a spicy beef dish). These dishes can be found at most restaurants in Indonesia and typically cost between 10,000 and 20,000 IDR.

If you’re looking for a more upscale meal, restaurants in Indonesia typically charge more for their dishes. For example, a meal at a Western restaurant in downtown Jakarta can cost anywhere from 50,000 to 200,000 IDR. Similarly, a seafood meal at a beachside restaurant can cost upwards of 100,000 IDR.

Overall, meals in Indonesia are relatively affordable, especially when compared to Western countries. So if you’re looking for a good meal at a fraction of the price, Indonesia is a great option!

How do you pay for things in Indonesia?

There are a few different ways that you can pay for things in Indonesia. The most common way to pay is by using cash. You can also use debit cards and credit cards, but they are not as common as cash.

When you are using cash, you will need to use the Indonesian currency, which is called the rupiah. There are bills and coins in rupiah denominations of 1,000, 5,000, 10,000, 20,000, 50,000 and 100,000.

If you are using a debit card, you will need to have a bank account in Indonesia. The debit card will be linked to your bank account and you can use it to withdraw cash or make purchases.

If you are using a credit card, you will need to have a credit card that is accepted in Indonesia. You can use your credit card to make purchases or withdraw cash from an ATM.

How much is $1 US in Indonesia?

As of July 2018, the exchange rate for the US dollar to the Indonesian rupiah is about IDR 13,700 to $1. This means that for every US dollar you have, you can exchange it for about 13,700 Indonesian rupiah.

This is a fairly accurate exchange rate, though it can fluctuate somewhat depending on the market conditions. Generally, you will get a better exchange rate when exchanging larger sums of money, and a worse exchange rate when exchanging smaller sums.

If you’re planning on travelling to Indonesia, or doing business in the country, it’s important to be aware of the current exchange rate and how it affects your spending power. Keep in mind that while US dollars are accepted in many places, you may get a better deal if you exchange your money into rupiah when you arrive.