Investopedia

Continue to Site »

IDR

Filed Under » , ,
Dictionary Says

Definition of 'IDR'

The currency abbreviation or the currency symbol for the Indonesian Rupiah (IDR). The Rupiah is made up of 100 sen, and is often presented with the symbol (Rp). The Rupiah derives its name from its sister currency the Indian Rupee. The Riau Islands and the Indonesian half of New Guinea both had their own versions of the Rupiah at one time, but both have been absorbed by the Indonesian currency.
Investopedia Says

Investopedia explains 'IDR'

The Indonesian Rupiah was first seen in October of 1946 and substantially revised in 1950, when it received international recognition and replaced all former Dutch, Javanese and Japanese currencies being used. It underwent a 1000 to 1 reversion in 1965, but continued to lose value over the years. Its devaluation played a substantial role in the overthrow of the Suharto regime in 1998.

Articles Of Interest

  1.

    The Greatest Currency Trades Ever Made

    These speculators took big positions - and scored huge profits - in the currency market.

  2. The New World Of Emerging Market Currencies

    Take advantage of foreign currency markets without stepping out of your house.

  3. What Causes A Currency Crisis?

    Find out what can cause a currency to collapse and what central banks can do to help.

  4. The Yen Is Setting Up To Be An Attractive Long-Term Investment

    As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013?

  5. 3 Costly Spelling Errors

    History has proved that some spelling errors can cost companies and governments millions of dollars.

  6. The Most Counterfeit-Proof Currencies

    The IACA awards provide some of the best insight into the currencies that are proving the most difficult to fake.

  7. An Introduction To Complementary Currencies

    There are alternatives to national currencies. Discover complementary currencies and how they work.

  8. The Origins Of Common Currency Symbols

    Check out some of the world's most heavily traded currencies and their origins.

  9. The Life Of A $20 Bill

    Next time you pull a $20 out of your wallet, consider where it has been.

  10. Top 9 Vacation Destinations For Wall Street Geeks

    Indulge your inner geek with one of these financial-themed holiday getaways.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  2. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  3. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.

  4. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.

  5. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.

  6. Consequential Loss

    The amount of loss incurred as a result of being unable to use business property or equipment.
Trading Center