US Dollar to Indonesian Rupiah — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

The Indonesian rupiah (Rp) is a currency issued and accepted for payment in Indonesia. It is abbreviated to IDR. A local abbreviation – Rr – is also placed on notes.

Sen, a coin of a smaller denomination, is used for change. One rupiah has 100 sens. The coin was removed from circulation in the 60s of the past century, and sen is only used in cashless operations. The currency was issued in Indonesia since 1945. For some time, it was used along with other currencies – the Netherlands Indies gulden and the Japanese occupational rupiah. In 1930s, a large-scale financial crisis led to the collapse of rupiah and resignation of president Haji Suharto.