| 1 $ = | Start | 05/27/2026 | Change | |
| Last 24 hours | 17,809 Rp | ⇨ | 17834 Rp | +0.14% |
| Last week | 17,655 Rp | ⇨ | 17834 Rp | +1.01% |
| Last month | 17,216 Rp | ⇨ | 17834 Rp | +3.59% |
| Last year | 16,282 Rp | ⇨ | 17834 Rp | +9.53% |
| Currency | 05/20/2026 | 05/27/2026 | Change | |
| Venezuelan Bolívar (VES) | 517.31 Bs. | ⇨ | 534.72 Bs. | +3.36% |
| Kazakhstani Tenge (KZT) | 471.96 ₸ | ⇨ | 479.93 ₸ | +1.69% |
| Indonesian Rupiah (IDR) | 17,655 Rp | ⇨ | 17,834 Rp | +1.01% |
| Ghanaian Cedi (GHS) | 11.553 ₵ | ⇨ | 11.659 ₵ | +0.92% |
| Argentine Peso (ARS) | 1,398.5 $ | ⇨ | 1,410.5 $ | +0.86% |
| Hungarian Forint (HUF) | 311.27 Ft | ⇨ | 304.8 Ft | -2.08% |
| Egyptian Pound (EGP) | 53.449 E£ | ⇨ | 52.219 E£ | -2.3% |
| Israeli Shekel (ILS) | 2.9209 ₪ | ⇨ | 2.8378 ₪ | -2.84% |
| Colombian Peso (COP) | 3,794.9 $ | ⇨ | 3,675.7 $ | -3.14% |
| Sri Lankan Rupee (LKR) | 344.6 Rs | ⇨ | 332.03 Rs | -3.65% |
| 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