Indonesian Rupiah (IDR)
The Indonesian rupiah is the currency of Indonesia and the largest economy in Southeast Asia. Bank Indonesia manages the float and uses intervention to keep moves orderly.
The latest available mid-market reference is 1 IDR = 0.00005505 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Indonesian Rupiah
Indonesia is the largest economy in Southeast Asia and a major exporter of coal, palm oil and nickel. The rupiah is used mainly for domestic trade and is sensitive to foreign portfolio flows.
A short history
The rupiah was introduced in 1946 and redenominated in 1965. Indonesia moved to a floating rate in 1997 during the Asian financial crisis.
What moves the Indonesian Rupiah
Coal, palm oil and nickel exports, Bank Indonesia policy, foreign portfolio flows and the dollar cycle.
Live IDR exchange rate
| Currency | 1 IDR equals |
|---|---|
| US Dollar (USD) | 0.00005505 |
| Euro (EUR) | 0.00004953 |
| British Pound (GBP) | 0.00004142 |
| Japanese Yen (JPY) | 0.00878 |
| Chinese Yuan (CNY) | 0.00036802 |
| Indian Rupee (INR) | 0.005166 |
| Canadian Dollar (CAD) | 0.00007838 |
| Australian Dollar (AUD) | 0.00008033 |
| Swiss Franc (CHF) | 0.00004579 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
IDR conversion pages
Other currency profiles
Indonesian Rupiah questions
What is the Indonesian Rupiah?
Indonesian Rupiah (IDR) is used in the following countries and territories: Indonesia. Central bank: Bank Indonesia. Exchange rate regime: managed float.
Which countries use the Indonesian Rupiah?
The Indonesian Rupiah is used in the following countries and territories: Indonesia.
What affects the Indonesian Rupiah exchange rate?
Coal, palm oil and nickel exports, Bank Indonesia policy, foreign portfolio flows and the dollar cycle.