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The rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [ 4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins.
The Rp2,500 and Rp5,000 notes were deemed unnecessary thanks to the devaluation. The Rp2,500 rupiah note was eventually issued three years later due to continued high inflation, while the Rp5,000 note was never issued. The Rp10 and Rp25 notes were only circulated for 3 days, although they remained legal tender, and are today extremely rare.
t. e. Joko Widodo ( Indonesian: [dʒɔkɔ widɔdɔ]; born Mulyono, 21 June 1961), popularly known as Jokowi, is an Indonesian politician and businessman who is the seventh president of Indonesia. Previously a member of the Indonesian Democratic Party of Struggle (PDI-P), he was the country's first president to not emerge from the country's ...
Net Exports (Exports minus Imports) List of Indonesian cities by GDP Nominal and PPP in 2021, with 14,308 IDR = 1 USD term of Nominal while 4,833.87 IDR = 1 USD term of PPP. [ 4] List of Indonesian cities/regencies by average household expenditure in 2022, with 14,848 IDR = 1 USD term of Nominal while 4,850.98 IDR = 1 USD term of PPP. [ 5]
There was never an official exchange rate between NICA gulden and Indonesian rupiah, but with popular support for the rupiah strong, 1 ORI rupiah was initially valued at 5 NICA gulden. The currency, however, depreciated fast, falling to 2 gulden within 1 week, as the market gauged fair value, and by the end of 1946 to par.
Indonesia nominal GDP reached 20.892 quadrillion rupiah ($1.371 trillion) in 2023, it is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. [ 37]
List of nominal exchange rates. Graph showing the official exchange rate of 1 CNY to the US dollar between 1981 and 2009. Official historical average exchange rates of Renminbi. for major foreign currencies by year [8] (Chinese yuan per 100 foreign currency units) Year. USD.
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 250 .