Currency Pair IDR/ZAR: Indonesian Rupiah and South African Rand

The currency pair IDR/ZAR represents the exchange rate between the Indonesian Rupiah (IDR) and the South African Rand (ZAR). Both of these currencies are important within their respective regions and are widely used in international trade and investments.

Indonesian Rupiah (IDR)

The Indonesian Rupiah is the official currency of Indonesia, one of Southeast Asia's largest economies. The currency code for the Rupiah is IDR and it is issued by Bank Indonesia. Indonesia has a diversified economy with strong sectors in agriculture, manufacturing, and services. The value of the Rupiah can be influenced by factors such as commodity prices, political stability, and international trade agreements.

South African Rand (ZAR)

The South African Rand is the official currency of South Africa, one of Africa's largest and most developed economies. The currency code for the Rand is ZAR and it is issued by the South African Reserve Bank. South Africa is known for its rich natural resources, particularly in the mining industry. The value of the Rand can be influenced by factors such as commodity prices, economic policies, and international relations.

Convert Between Currencies

On this page, you can easily convert between different currencies, including IDR and ZAR. Here's how:

1. Enter the amount you want to convert.
2. Select the original currency.
3. Choose the target currency.
4. The conversion will then happen automatically.

A chart displaying historical figures for the currency pair will be presented along with the conversion, giving you a clear view of how the exchange rate has evolved over time.

Summary

The currency pair IDR/ZAR is an important indicator of the economic relations between Indonesia and South Africa. By using our currency converter, you can easily and quickly access current exchange rates and historical data to make informed decisions.