Which currency is used in Indonesia and has the ISO 4217 code IDR?

The Indonesian rupiah is the currency used in Indonesia and has the ISO 4217 code IDR. The name comes from “rupee,” reflecting the wider historical influence of Indian monetary terms across Asia.

Indonesia introduced the modern rupiah in 1946, during the struggle for independence from the Netherlands. It gradually replaced currencies issued under Dutch colonial and Japanese wartime administrations, although several forms of money circulated during the transition.

The Bank Indonesia, Indonesia’s central bank, issues rupiah banknotes and coins. The rupiah is divided into 100 sen, but sen denominations have effectively disappeared from everyday circulation because of inflation.

Large rupiah amounts can look surprising to visitors because prices commonly contain many zeros. The currency is sometimes confused with the Indian rupee or Pakistani rupee, but those are separate currencies. The symbol commonly used for the rupiah is Rp.