The official currency of Indonesia is the Indonesian Rupiah (symbol: Rp, currency code: IDR). It is issued by Bank Indonesia, the country’s central bank. The rupiah is used nationwide and comes in both coins and colorful banknotes, ranging from small to large denominations. The name “rupiah” comes from the Sanskrit word rupyakam, meaning silver, and reflects Indonesia’s historical trade roots. Due to high inflation in past decades, the rupiah has relatively high numeric values, with 1,000 IDR often used for everyday transactions. Travelers and businesses often monitor the AUD to IDR exchange rate for remittances, tourism, or currency exchange, making the Indonesian Rupiah one of Southeast Asia’s most frequently traded currencies.
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