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The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). [4] Sometimes, Indonesians also informally use the word perak (' silver ' in Indonesian) in referring to rupiah in coins.
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The Indonesian rupiah (IDR) banknotes denominations in circulation since 2016. There are 50 million small businesses in Indonesia, with online usage growth of 48% in 2010. Google announced that it would open a local office in Indonesia before 2012. [103] According to Deloitte in 2011, Internet-related activities have generated 1.6% of the GDP.
A long-running proposal to redenominate the rupiah has yet to receive formal legislative consideration. Since 2010, Bank Indonesia, as the monetary authority of Indonesia, In 2015, the government submitted a rupiah redenomination bill to the House of Representatives, but it has not yet been deliberated.
South Vietnam 500 dong banknote issued in 1966. Notes dually denominated in piastres and dong were issued in 1953 for the State of Vietnam, which evolved into South Vietnam in 1954. On 22 September 1975, after the fall of Saigon, the currency in South Vietnam was changed to a "liberation dong" worth 500 old Southern dong.
Though unofficial, Vietnam recognizes the exchange of the renminbi to the đồng. [92] In 2017 ¥215 billion was circulating in Indonesia. In 2018 a Bilateral Currency Swap Agreement was made by the Bank of Indonesia and the Bank of China which simplified business transactions, and in 2020 about 10% of Indonesia's global trade was in renminbi ...
IDR may refer to: Indonesian rupiah, by ISO 4217 currency code; Devi Ahilyabai Holkar International Airport, Indore, India, by IATA code; Instantaneous Decoding ...
The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in ...