The Indonesian Rupiah is the official currency of Indonesia. The ISO code for the Indonesian Rupiah is IDR. The symbol for the Indonesian Rupiah is "Rp". The Indonesian Rupiah is divided into 100 sen.
The Indonesian Rupiah is issued by the Bank of Indonesia. The Indonesian Rupiah is also the currency of Timor-Leste.
Why is Indonesia money so big? Indonesia's currency, the rupiah, is one of the largest and most traded currencies in the world. The rupiah is a fiat currency, which means it is not backed by a physical commodity like gold or silver. The Indonesian government has strict controls over the rupiah, and its value is based on the country's economic stability.
The Indonesian economy is growing rapidly, and the rupiah is expected to continue to appreciate in value. The Indonesian government is committed to maintaining a strong currency, and the country's central bank has a strong track record of intervening in the foreign exchange market to support the rupiah.
The large size of the rupiah makes it a liquid currency, which is attractive to investors and traders. The rupiah is also a relatively stable currency, which makes it a good choice for investors looking for a safe haven asset.
What is the weakest currency in the world?
There is no definitive answer to this question as the value of currencies is constantly changing and is affected by a variety of factors, such as economic conditions, political stability, and global events. However, some currencies are generally considered to be weaker than others. For example, the Venezuelan bolivar and the Zimbabwean dollar are both currently experiencing high levels of inflation, which has led to them being devalued against other currencies. Is IDR a restricted currency? No, the Indonesian rupiah is not a restricted currency. There are no restrictions on trading or investing in the currency, and it is freely traded on the open market. Which country currency is lowest? There is no definitive answer to this question as currency rates are constantly fluctuating. However, as of June 2019, the Venezuelan Bolivar is the lowest-valued currency in the world with an exchange rate of approximately 0.00004 USD to 1 VEF. Which currency is lowest in world? There is no definitive answer to this question as currency values are constantly fluctuating. However, as of May 2019, the Venezuelan Bolivar is the world's lowest-valued currency.