The Indonesian rupiah is the currency of Indonesia. The banknotes are printed on paper. The Bank Indonesia (BI) is responsible for issuing the Indonesian banknotes.
Indonesia has the largest economy in Southeast Asia. The Indonesian rupiah is named after the currency of India, the rupee. The exchange rate for the rupiah is free floating. This currency is often referred to as “perak” by the residents of Indonesia, which means “silver” in English.
Did You Know?
These items cost the USD equivalent in the city of Bali, Indonesia*:
10 Mile Cab Ride: $8.10 USD
Budget Dinner for 2: $11.23 USD
Pint of Beer: $2.49 USD
*Figures are based on 2018 data. Information is subject to change as exchange rates and cost of goods fluctuate.
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About Currency Exchange International
CXI is a full service foreign currency exchange and international payments company headquartered in Orlando, Florida and publicly traded on the Toronto Stock Exchange (TSX:CXI). CXI uses its expertise to make foreign money easier for individuals, businesses, and financial institutions.