Convert 1 Indonesian Rupiah (IDR) to Chinese Yuan (CNY)
Exchange rates used for currency conversion updated on 31st May 2016 ( 31/05/2016 )
Below you will find the latest exchange rate for exchanging Indonesian Rupiah (IDR) to Chinese Yuan (CNY) , a table containing most common conversions and a chart with the pair's evolution.
The Indonesian Rupiah (IDR) to Chinese Yuan (CNY) 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.
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.
About Chinese Yuan (CNY)
CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.