Convert Indonesian Rupiah to Philippine Peso
Please provide values below to convert Indonesian Rupiah [IDR] to Philippine Peso [PHP], or Convert Philippine Peso to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Philippine Peso
1 IDR = 286.042839857189 PHP
Example: convert 15 IDR to PHP:
15 IDR = 15 × 286.042839857189 PHP = 4290.64259785783 PHP
Indonesian Rupiah to Philippine Peso Conversion Table
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.