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HomeYER / IDR • Currency
YER / IDR
70.6223
Feb 14, 4:38:20 PM UTC · Disclaimer
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The rial is the official currency of the Republic of Yemen. It is technically divided into 100 fils, although coins denominated in fils have not been issued since Yemeni unification. Due to the ongoing political instability, the value of the Yemeni rial has fallen significantly. The Yemeni civil war has caused the currency to diverge. In southern Yemen, which is primarily controlled by UAE-backed separatists and the internationally recognized government backed by Saudi Arabia, ongoing printing has caused the currency's value to plummet. However, in northern Yemen, which is primarily controlled by the Houthis with support from Iran, banknotes printed after 2017 are not considered legal tender. Therefore, the exchange rate has remained stable. The differences in banknotes printed before and after 2017 can be determined by their size. Wikipedia
The rupiah is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam. Sometimes, Indonesians also informally use the word perak in referring to rupiah in coins. The rupiah is divided into 100 cents, although high inflation has rendered all coins and banknotes denominated in cents obsolete. The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence. It replaced the Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea had their own variants of the rupiah, but these were subsumed into the national rupiah in 1964 and 1971, respectively. Wikipedia
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