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What kind of currency is IDR?

What kind of currency is IDR?

Indonesian rupiah
The Indonesian rupiah (IDR) is the official currency of Indonesia, a Southest Asian country made up of thousands of small islands. IDR is the unique currency code of the Indonesian rupiah under ISO code 4217. The rupiah is made up of 100 sen, and is often presented with the symbol or abbreviation Rp.

How much is $1 US to Indonesian Rupiah?

Convert US Dollar to Indonesian Rupiah

USD IDR
1 USD 14,268 IDR
5 USD 71,339.9 IDR
10 USD 142,680 IDR
25 USD 356,700 IDR

What can 1 USD buy in Indonesia?

Indonesia: What a Dollar Can Buy You

  • 1 load of laundry (about 3.5 kg)
  • 1 creamy avocado shake.
  • 2 km taxi ride.
  • 4 liters (1 gal.) of drinking water.
  • 1 pre-cut pineapple on touristy Seminyak beach, Bali.
  • 1 hour of Internet access.
  • 1 vegetarian meal in a typical warung.
  • 2 liters of gasoline.

Why is IDR so weak?

Driving forces. One domestic factor behind the weakening of the rupiah is the lower-than-expected growth of Indonesia’s gross domestic product (GDP) as a result of sluggish consumer demand. This triggers higher demand for the US dollar, and hence strengthens the dollar against other currencies including the rupiah.

Is Indonesia cheap to travel?

By western standards, Indonesia is an extremely cheap country to live or travel in. Although there is a slight step up in the prices on Bali and (to a certain extent) Lombok, these islands are still far from expensive.

Which is the least expensive currency?

Iranian Rial
The Iranian Rial is the least valued currency in the world. It is the lowest currency to USD. For the simplification of calculations, Iranians regularly use the term ‘Toman’. 1 Toman equals 10 Rials.

Is Indonesia expensive to live?

The cost of living in Indonesia is quite low, so it’s possible to live comfortably on a surprisingly small amount of cash. A recent survey found that a single person can live comfortably on Rp 13,415,843 (about $900) a month. A family of four would need about Rp 29,846,962 (about $2,000) to live comfortably.

What country is the cheapest to live in?

According to this data, Pakistan is the cheapest country to live in, with a cost of living index of 18.58. This is followed by Afghanistan (24.51), India (25.14), and Syria (25.31)….Cheapest Countries To Live In 2021.

Country Cost of Living Index 2021 Population
Cayman Islands 141.64 66,497