What does IDR mean in Currencies?
This page is about the meanings of the acronym/abbreviation/shorthand IDR in the Regional field in general and in the Currencies terminology in particular.
Indonesian Rupiah
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Definition
What does IDR mean?
- Indonesian rupiah
- The rupiah (Rp) is the official currency of Indonesia. Issued and controlled by Bank Indonesia, its ISO 4217 currency code for the Indonesian rupiah is IDR. The name "rupiah" is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). Sometimes, Indonesians also informally use the word "perak" ("silver" in Indonesian) in referring to rupiah. The rupiah is divided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete. Introduced in 1946 by Indonesian nationalists fighting for independence, the currency replaced a version of the Netherlands Indies gulden, which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971, respectively (see Riau rupiah and West Irian rupiah).
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"IDR." Abbreviations.com. STANDS4 LLC, 2024. Web. 13 Jun 2024. <https://www.abbreviations.com/term/80>.
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