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To learn more about the history of the Indonesian rupiah and its relationship with the Australian dollar, keep reading below.
And if you're planning a trip to Indonesia anytime soon, be sure to take a look at our Indonesia travel guide, filled with top tips and plenty of inspiration.
The lowdown on the Indonesian rupiah
If you’re going to be a millionaire anywhere, Indonesia is the place. The currency has so many zeros on the end that you’ll either feel rich or like you just really need a calculator. There’s even talk that the Indonesian government might rethink the rupiah to get rid of some of those digits.
All those zeros can make it easy to mix up your banknotes – the ones for 10,000 and 100,000 rupiah don’t have commas between the numbers, so make sure you get them right. Even the highest banknotes (for 100,000 rupiah) aren’t worth much more than ten bucks, so get used to handing over a lot of them. You’ll find most people use cash and some places won’t let you pay by card anyway.
The word rupiah comes from the Sanskrit for silver, and you might hear the locals call their currency perak, which also means silver in Indonesian. There aren’t many coins around though, because they’re not worth much, so prices get rounded up a lot.
*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.