Convert 1 Swiss Franc (CHF) to Indonesian Rupiah (IDR)
Exchange rates used for currency conversion updated on 31st August 2016 ( 31/08/2016 )
Below you will find the latest exchange rate for exchanging Swiss Franc (CHF) to Indonesian Rupiah (IDR) , a table containing most common conversions and a chart with the pair's evolution.
The Swiss Franc (CHF) to Indonesian Rupiah (IDR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
About Indonesian Rupiah (IDR)
The Indonesian rupiah uses the international currency code of IDR, the written symbol of Rp, and is the official currency of Indonesia. Issued buy the Bank of Indonesia who mints the rupiah in denominations of Rp 50, Rp 100, Rp 200, Rp 500, and Rp 1000 and paper currency notes in denominations of Rp 1000, Rp 2000, Rp 5000, Rp 10,000, Rp 20,000, Rp 50,000, and Rp 100,000.
All currency issues of IDR prior to 1999 will no longer be accepted nor will they be legal tender after January 2018. The Bank of Indonesia is also considering eliminating the trailing three zeros in currency denominations, this move is not as a devaluation, but as a re-alignment of value assignment.