Convert New Zealand Dollar to Indonesian Rupiah
Please provide values below to convert New Zealand Dollar [NZD] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to New Zealand Dollar.
How to Convert New Zealand Dollar to Indonesian Rupiah
1 NZD = 0.00010246846973354 IDR
Example: convert 15 NZD to IDR:
15 NZD = 15 × 0.00010246846973354 IDR = 0.0015370270460031 IDR
New Zealand Dollar to Indonesian Rupiah Conversion Table
| New Zealand Dollar | Indonesian Rupiah |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.