Convert 550 Indonesian Rupiah (IDR) to British Pound Sterling (GBP)
Exchange rates used for currency conversion updated on 21st September 2019 ( 21/09/2019 )
Below you will find the latest exchange rate for exchanging Indonesian Rupiah (IDR) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution.
The Indonesian Rupiah (IDR) to British Pound Sterling (GBP) 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 British Pound Sterling (GBP)
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.