Bank of Indonesia will re-denominate the Rupiah (IDR) by cutting off 3 zeros
behind the denominational bills starting in 2013.
For example:
Rp 50.000 will become Rp 50 (approximtely $5 USD)
Rp 100.000 will become. Rp 100 (approximately $10 USD)
The current exchange rate as of the time this article was written is: $1 USD = 9,635 IDR
This will make things so much easier! Kudos to Bank of Indonesia for doing this!
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