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The rupiah (Rp) is the official currency of Indonesia. The name derives from the Indian monetary unit rupee which is called as rupiya in Indian languages. Informally, Indonesians also use the word "perak" ('silver' in Indonesian) in referring to rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete.
The rupee was introduced in 1932, replacing the silver mohar. Initially, the rupee was called the mohru in Nepalese. Its value was pegged to the Indian rupee in 1993 at a rate of 1.6 Nepalese rupees = 1 Indian rupee.[
1 IDR = 0.0088 NPR
Indonesian RupiahNepalese Rupee
