| 1 $ = | Start | 08/25/2026 | Change | |
| Last 24 hours | 17,710 Rp | ⇨ | 17667 Rp | -0.24% |
| Last week | 17,867 Rp | ⇨ | 17667 Rp | -1.12% |
| Last month | 17,922 Rp | ⇨ | 17667 Rp | -1.42% |
| Last year | 16,265 Rp | ⇨ | 17667 Rp | +8.62% |
| Currency | 08/18/2026 | 08/25/2026 | Change | |
| Zambian Kwacha (ZMW) | 18.678 ZK | ⇨ | 19.05 ZK | +1.99% |
| Venezuelan Bolívar (VES) | 771.58 Bs. | ⇨ | 783.68 Bs. | +1.57% |
| Argentine Peso (ARS) | 1,493.5 $ | ⇨ | 1,511 $ | +1.17% |
| Costa Rican Colón (CRC) | 449.28 ₡ | ⇨ | 453.82 ₡ | +1.01% |
| Ghanaian Cedi (GHS) | 11.052 ₵ | ⇨ | 11.154 ₵ | +0.92% |
| Icelandic Krona (ISK) | 122.76 kr | ⇨ | 120.98 kr | -1.45% |
| New Zealand Dollar (NZD) | 1.7005 NZ$ | ⇨ | 1.675 NZ$ | -1.5% |
| South African Rand (ZAR) | 16.249 R | ⇨ | 15.947 R | -1.86% |
| South Korean Won (KRW) | 1,411.3 ₩ | ⇨ | 1,383.7 ₩ | -1.96% |
| Hungarian Forint (HUF) | 315.87 Ft | ⇨ | 309.47 Ft | -2.02% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Indonesian Rupiah |
| Symbol | Rp |
| Also known as | Rp 1 = 100 sen |
| ISO code | IDR |
| Banknotes | Rp 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 |
| Coins | Rp 100, 200, 500, 1,000 |
| Central bank | Bank Indonesia - Website: bi.go.id |
| Countries | 1 country: Indonesia (capital: Jakarta, major cities: Jakarta, Surabaya, Medan) |
| Population | 268 mil. |
History
The Indonesian rupiah (IDR) has a rich and complex history intertwined with Indonesia's struggle for independence and economic development. Before independence, the area now known as Indonesia was divided among Dutch, British and Portuguese colonial administrations that used different currencies. The Dutch guilder was the primary currency of the Dutch East Indies.
The rupiah was first introduced in October 1946 by Indonesian nationalists fighting for independence — a currency backed by the promise of a new nation rather than colonial power. This new currency circulated alongside Dutch colonial money and Japanese occupation-era guilders during the revolutionary period. Dutch recognition of Indonesian independence in 1949 cleared the way for a unified monetary system.
The first decades of the Republic saw multiple currency reforms as the rupiah struggled with inflation. President Sukarno's expansive spending and political instability caused chronic monetary difficulties. A military coup in 1965–1966 brought General Suharto to power; his New Order government initially achieved stabilisation with IMF support, implementing economic reforms that underpinned rapid growth through the 1970s and 1980s.
The 1997–1998 Asian Financial Crisis devastated Indonesia most severely of all affected nations. The rupiah collapsed from 2,500 to 17,000 per dollar in a matter of months; the economic chaos triggered political upheaval and the fall of Suharto. A redenomination was proposed for 2020–2025 to remove three zeros from the currency but has been delayed. Bank Indonesia manages the rupiah under a managed float.
Sources:
"Indonesian rupiah", Wikipedia, https://en.wikipedia.org/wiki/Indonesian_rupiah
"1997 Asian financial crisis", Wikipedia, https://en.wikipedia.org/wiki/1997_Asian_financial_crisis