Average bank exchange rate from data above: Buy 1 usd = 14956.43 idr / Sell 1 usd = 15077.86 idr

Since the US dollar is considered the most stable currency, many people prefer to keep their savings precisely in these currency signs. When traveling to rest in Indonesia, tourists exchange dollars for local currency. Our site will help you to choose the most profitable course.

Course Dynamics

National Indonesian currency appeared in the years of the struggle for independence in 1945. It went into circulation on a par with the guilden and the banknotes issued by the Japanese occupation government. Colossal inflation, which in 1962 rose to 174%, and by 1965 reached 600%, forced Indonesia to conduct a denomination of money. At the end of 1965, the newest cash was introduced, and 1 $ was estimated at 0.25 state banknotes.

Changes in quotations occurred quite gradually, in August 1971, for 1 USD, they already gave 415.00 IDR. From December 1997 to January 98 there was a jump from 5915.00 to 14800.00 Rp. In the 21st century, were observed various changes in rates. In 2010, the Bank of Indonesia proposed to update the rupee by truncating the last three digits to simplify daily transactions. It is believed that the plan will be completed by 2020. It will reduce the exchange rate from Rs 13,700 to 13.7.

Recommendation

Use quotes on the site to determine the most optimal rate. We recommend tracking its instability in time. Competition among companies makes it possible to save own money.