Indonesia Forex

Indonesian rupiahFrom Wikipedia, the free encyclopediaJump to: navigation, searchIndonesian rupiahrupiah Indonesia (Indonesian)Rupiah banknotes, only the Rp 1000 and Rp 5000 notes are currentISO 4217 CodeIDRUser(s)IndonesiaInflation11.77%Source[2], October 2008Subunit1/100senSymbolRpCoinsFreq. usedRp 100, 200, 500Rarely usedRp 25, 50, 1000BanknotesFreq. usedRp 1000, Rp 5000, Rp 10 000, Rp 20 000 Rp 50 000, Rp 100 000Central bankBank IndonesiaWebsitehttp://www.bi.go.id/MintPerum PeruriThe rupiah (Rp) is the official currency of Indonesia. Issued and controlled by the Bank of Indonesia, the ISO 4217 currency code for the Indonesian rupiah is IDR. The symbol used on all banknotes and coins are Rp. The name derives from the Indian monetary unit rupee. Informally, Indonesians also use the word "perak" ('silver' in Indonesian) in referring to rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete.The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah, but these were subsumed into the national rupiah in 1964 and 1971 respectively (see Riau rupiah and West New Guinea rupiah).