Average bank exchange rate from data above: Buy 1 gbp = 18694.81 idr / Sell 1 gbp = 18855.28 idr

Indonesia is one of the favorite places of rest for people living on different continents. Indonesian rupees can be exchanged for pounds sterling and conversely, using information that is conveniently presented on our website.

Course Dynamics

The British pound is the currency used in the following countries: the United Kingdom, the territory of England in the Indian Ocean, Guernsey, South Georgia, Tristan da Cunha, Jersey and the Isle of Man. This is the third largest currency in global reserves. The last significant decrease in its value occurred in 2016 after the referendum on the UK membership in the EU. The Indonesian rupiah, the money of Indonesia, in the period from 1946 to 1950 did not have international recognition, their price formed the black market. New notes were issued in 1965. By 1971 IDR became official for 34 different provinces of the country.

The crisis of 1997 caused the fall of the national currency, and foreign money quickly left the state. The Bank of Indonesia tried to intervene, but ultimately abandoned the managed course on August 14, 1997, which caused a drop in the value of the rupee by approximately 70% over the six-month period. Since 1999 IDR demonstrates relative stability. In the period from 2017 to 2018, the price of a rupee against the pound is 0.14% cheaper.

Recommendation

The exchange rate can change several times a day and be various for different companies. Our site helps to find the best exchange offers and to track changes in the quotation in time.