Convert Indonesian Rupiah to Mexican Peso
Please provide values below to convert Indonesian Rupiah [IDR] to Mexican Peso [MXN], or Convert Mexican Peso to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Mexican Peso
1 IDR = 873.619527788803 MXN
Example: convert 15 IDR to MXN:
15 IDR = 15 × 873.619527788803 MXN = 13104.292916832 MXN
Indonesian Rupiah to Mexican Peso Conversion Table
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.