Does Indonesian rupiah have decimals?
This currency does not have any decimal places.
Is $100 a lot of money in Indonesia?
In Indonesia, USD $100 Can Get You:
10-15 days’ worth of three square meals from a cheap Indonesian warung, eating nasi campur (mixed rice); 5-8 days’ worth eating at Westernized or mid-range restaurants. About 60-80 beers. 1-3 one-way budget airline trips from Jakarta to Bali.
How is price written in IDR?
When looking up a currency quote, the rate will typically be given as USD/IDR. The corresponding rate, such as 14,234, means it costs 14,234 IDR to buy one USD.
Why is Indonesian currency so high?
Inflation rates will also increase as domestic production in Indonesia becomes more expensive because of the higher prices of imported materials. Consequently, Indonesia can expect Bank Indonesia to further increase interest rates to both control inflation and stimulate a higher demand for the rupiah.
Is 50000 rupiah a lot in Indonesia?
50,000 will be enough to put food and drink on your table if you don’t mind dining in a humble local restaurant, or a cup of coffee and light bites if you prefer the cafe. The typical cost for a movie ticket in Indonesia starts from Rp 35,000, but to get a drink and popcorn with it you’d have to let go of another bill.
Why is the rupiah so weak?
The Indonesian rupiah is the worst-performing Asian currency so far this year — and that weakness stems from the government’s decision to have the central bank partly fund its expanding budget deficit.
Is Indonesia cheaper than India?
India is 28.2% cheaper than Indonesia.