Convert Indonesian Rupiah to Saudi Riyal
Please provide values below to convert Indonesian Rupiah [IDR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Saudi Riyal
1 IDR = 4343.44992 SAR
Example: convert 15 IDR to SAR:
15 IDR = 15 × 4343.44992 SAR = 65151.7488 SAR
Indonesian Rupiah to Saudi Riyal Conversion Table
| Indonesian Rupiah | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.