Quote:
Originally Posted by localbest
Last year november period got the best rate ever in history.
Exchange $1 to 9500 rupiah at money changer opposite formosa.
Heard that Indonesia are planing that rupiah would be redenominated by removing three zeros starting 2014. The existing rupiah will be phased out by the end of 2018. But the plan was delayed to further notice.
Having a big figure currency could be difficult to calculate. Although rupiah can be converted freely to other currency, but it is still regarded as a risky currency to hold and also was one of the least valued currency units in the world.
It is a matter of time that sing $1 will become 10000 rupiah in the near future base on past depreciation record. Then satu juta will become one hundred buck leow le.
|
Best record was in 1998... during the crisis.... 1 USD to 17500 Rupiah