Rupiah Meaning: Definition, Examples, and Translations
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rupiah
[roo-pee-ah ]
Definition
currency unit
Rupiah is the official currency of Indonesia. It is divided into 100 sen and is denoted by the symbol 'Rp'. The currency is used for all transactions in the country, and its value is subject to fluctuations based on market conditions.
Examples of usage
- I exchanged my dollars for rupiah when I arrived in Bali.
- The price of the laptop is 10 million rupiah.
- The rupiah has weakened against the US dollar this year.
Translations
To see the translation, please select a language from the options available.
Origin of 'rupiah'
The term 'rupiah' comes from the Malay word 'rupiah', which is originally derived from the Spanish word 'real'. The term was used to refer to various currencies and eventually became associated with the Indonesian currency. The rupiah was formally introduced in Indonesia after the country declared its independence from the Dutch colonial rule in 1945. Since then, the rupiah has gone through several changes, including the introduction of new series of banknotes and coins, to combat inflation and meet the economic needs of the country. The central bank of Indonesia, known as Bank Indonesia, is responsible for issuing and regulating the rupiah.
Word Frequency Rank
This word's position of #33,600 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.
- ...
- 33597 prance
- 33598 gibe
- 33599 pitilessly
- 33600 rupiah
- 33601 tole
- 33602 bioengineering
- 33603 federate
- ...