IDRIndonesian RupiahIndonesian Rupiah (IDR)
The Indonesian rupiah is Indonesia's national currency and the unit of account for Southeast Asia's largest national economy by population.
- ISO code
- IDR
- Symbol
- Rp
- Region
- Asia Pacific
- Currency type
- Fiat currency
- Exchange system
- Bank Indonesia manages the rupiah monetary system and holds the authority for currency issuance and circulation management.
- Last reviewed
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IDR converter
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Quick facts
IDR at a glance
Currency profile
How IDR works
The Indonesian rupiah is Indonesia's national currency and the unit of account for Southeast Asia's largest national economy by population.
Bank Indonesia manages the rupiah monetary system and holds the authority for currency issuance and circulation management.
- IDR amounts are usually shown as large whole numbers, while the sen is no longer used in ordinary transactions.
- The Rp symbol is common domestically, but IDR is clearer in international records.
Context
Why this currency matters
IDR represents a very large and geographically dispersed payment economy. Its high whole-number denominations make precision, grouping and currency direction particularly important, while Indonesia's commodity and manufacturing links give the rupiah a substantial role in Southeast Asian commercial comparisons.
Monetary framework
Exchange arrangement
Bank Indonesia manages the rupiah monetary system and holds the authority for currency issuance and circulation management.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for IDR
Republican rupiah issued
The Indonesian republic introduced Oeang Republik Indonesia during the independence period.
Bank Indonesia - institutional historyBank Indonesia established
Bank Indonesia replaced De Javasche Bank as the country's central bank.
Bank Indonesia - institutional historyRupiah redenominated
A monetary reform introduced one new rupiah for 1,000 old rupiah.
Bank Indonesia - institutional history
Usage and economy
How IDR is used
- Prices, wages and payments across Indonesia.
- Tourism, commodity trade and regional comparisons with MYR, SGD, THB and PHP.
Country currency guides
Banknotes and coins
IDR currency units
Bank Indonesia publishes information on rupiah banknotes and their security features.
Bank Indonesia documents the rupiah coins issued for circulation.
One Indonesian Rupiah unit is recorded with 2 decimal places and uses Sen as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
Currency topics
FAQ
IDR questions
Why do IDR amounts often have many digits?
The rupiah is normally used in whole units and modern prices commonly involve thousands or millions of rupiah.
Who issues the Indonesian rupiah?
Bank Indonesia is responsible for rupiah issuance and circulation management.
Was the rupiah redenominated in 1965?
Yes. The 1965 reform introduced one new rupiah for 1,000 old rupiah.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.