Exchange rates used for currency conversion updated on 05th May 2016 ( 05/05/2016 )
Below you will find the latest exchange rate for exchanging Euro (EUR) to Indonesian Rupiah (IDR) , a table containing most common conversions and a chart with the pair's evolution.
The Euro (EUR) 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.
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
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.