Buy Indonesian Rupiah

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  • Indonesian Rupiah
  • Indonesian Rupiah

Buy Indonesian Rupiah from Currency Liquidator

If you're deciding whether to buy the Indonesian Rupiah, you've likely already done some of the homework.

Perhaps you're thinking about buying Rupiah to round out your collection of world currency, or maybe you're thinking about exchanging it in the future through a leading dealer such as Currency Liquidator.

In any case, you'll need to have enough information, and work with a leading currency dealer. Learning is important, since the more you know about foreign currencies the more likely you are to be successful in your purchase.

Indonesia's Economy And How It Affects the Rupiah

During the past few years Indonesia's economy and the Rupiah have begun to draw more attention from observers worldwide, because of the nation's phenomenal growth. Most observers anticipate even more growth going forward.

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People are noticing Indonesia's booming economy - It’s is a star of the global G20 group of nations, and it’s perennially within the world’s top ten nations for growth.

Observers note that Indonesia is one of the top two fastest-growing economies in Asia. It’s expanding more rapidly than:

  • China
  • Singapore
  • Malaysia
  • Thailand

In fact, it’s also one of Asia’s fastest-growing markets for banking and financial services. The middle class is expanding rapidly as consumers begin to spend their new wealth.

As people begin to focus on Indonesia's economic success and its favorable demographics with the stagnant, graying economies in Europe and the U.S., they’re impressed with what they see.

Indonesia's economy is expanding far more quickly than that of most other developing nations. Year after year, the country is consistently rated as the region's second fastest-growing economy, neck-and-neck with Vietnam, and consistently higher than Thailand.

During recent years Indonesia's economy grew between 5% to 10% annually, which is quicker than the growth rates in any of the neighboring countries.

Significantly, Indonesia's development and wealth-building is much faster than China's nowadays. Indonesian GDP growth is generally 50% higher than China’s growth.

Natural Resources and Manufacturing

The archipelago nation has vast natural resources including petroleum. It's also a major exporter of:

  • palm oil
  • cotton
  • rice
  • coffee
  • sugar

...and numerous other agricultural commodities…

And, Indonesia also has abundant forest industries such as:

  • plywood
  • milled wood products
  • cane
  • other fiber goods

are major exports. As well, cement is also a major export product to nations throughout the region.

The manufacturing sector is growing much more quickly than the ag sector. The country is a key outsourcing partner for major Chinese, Vietnamese and other Asian manufacturers. This broad industrial base gives the Indonesian economy a balanced position, especially with regard to exports.

Since the country is exporting more almost every year, the demand for the Rupiah is increasing as buyers need to first buy the Indonesian currency with which to purchase Indonesian products.

The value of any country's currency is ultimately tied to the strength of its economy, and Indonesia's economy is very strong indeed.

The more commodities and finished products that Indonesia exports, the higher the demand for the Rupiah, and the more support for the nation’s overall economy.

Indonesia is well-positioned for a better economic future, and that's why many people are enthusiastic about the Country.

Yet, even though Indonesia's economy has been outperforming most neighboring economies throughout Asia for the past few years, the exchange rate for Rupiah has lagged behind.

The value of the Rupiah has been stagnant for the past few years, although the economy is speeding ahead.

In 2014 the country's GDP was growing at about 6.5% annually, which keeps Indonesia within the top ten fastest-growing economies in the world.

And, in spite of the geographic distance between the two nations, economic and trade ties between America and Indonesia are traditionally very strong.

The country's main trading partners are nearby Japan with about 15% of total trade, regional partner China with about 12%, and the far-away U.S. with nearly 10% in trade volume.

Nowadays the Indonesian economy is booming and the government treasury has plenty of cash. The country appears destined to continue with a strong growth rate for at least another ten years.

Indonesian Rupiah Notes and Denominations

The Indonesian Rupiah (Symbol: IDR) is Indonesia's national currency. It's issued and overseen by the Bank of Indonesia.

The first modern Rupiah banknote was issued beginning in 1945 when the nation emerged from World War II into independence from the previous Dutch and Japanese administrations.

Rupiah banknotes are made of special paper that contains pulp from the woody fiber of the Abaca tree. This fiber is said to add toughness and durability to the notes.

The notes contain a variety of security features. These include security threads as well as watermarks and electrotypes.

Notes issued beginning in 2010 introduced some new security features:

  • EURion constellation rings to foil photocopier counterfeiting
  • color-change printing that changes colors in different viewing angles
  • raised printing to help the blind distinguish between note denominations.

The denominations circulating today are the IDR 1000, 2000, 5000, and 10,000 notes, as well as the 20,000 and 50,000 and 100,000 notes. Because of past inflation, even small transactions are conducted with banknotes instead of coins.

Where to buy Indonesian Rupiah

The Internet is awash with currency dealers, but many of them are part-time or, worse, short-time businesses. When you're ready to buy the Rupiah, you should choose a leading dealer that provides excellent customer service.

The best way to buy Indonesian Rupiah

It's always best to work with a dealer that offers exceptional pricing for Rupiah and other foreign currencies, as well as a written guarantee that you will receive authentic currency.

At the top of the class, the best dealer will offer even more: Buy-back guarantees so you can sell the Rupiah back to the dealer if you ever want to.

Buy Indonesian Rupiah with an echeck

Top dealers accept payments via echeck because those methods are generally the safest and easiest ways to buy foreign currency.

It's important to note that the leading currency dealers are fully registered with the U.S. Treasury Department as money-services companies, they're also members in good standing of the Better Business Bureau (BBB).

The best Rupiah dealer is Currency Liquidator, which is an A-rated member of the Better Business Bureau with a record of zero complaints against it.

That's a rock-solid qualification to consider when you're looking to buy the Rupiah.

Should I buy the Indonesian Rupiah?

You should always do your own due diligence before you buy the Indonesian Rupiah or any other foreign currency. You should research the following areas –

  • Economic growth rate in Indonesia
  • Industrial and manufacturing development
  • Social and political stability
  • Government's monetary and economic decisions and policies

The value of the IDR has been sluggish in recent years. Beginning several years ago, the Bank of Indonesia and government leaders instituted policies which have kept the currency’s value low.

Back when inflation was affecting the economy, it made sense to set the foreign-exchange conversion rate for Rupiah at an artificially-low level as a precautionary measure to avoid the problem of inflation.

Yet, the downside of the government’s conservative monetary policies is that the central bankers continue to be extremely conservative with regard to pricing for the Rupiah.

Changes For Indonesia and the Rupiah are on the Horizon

Under President Joko Widodo (also called “Jokowi”) the government’s new policy is to balance the country's economy between bulk commodity exports and manufacturing of technology and consumer products.

The government also appears to be more open to more liberal monetary policies which could spur the economy to grow even more quickly.

The diverse archipelago offers an attractive manufacturing business hub for value-added trade between Australian and Asia.

Labor is relatively low cost here – Factory jobs typically pay around $290 per month. So, Indonesian monthly labor costs less than Chinese labor ($400+) or Thai labor ($350+). As a result, manufacturers are coming to Indonesia in droves.

The Rupiah is backed up by Indonesia's robust economy, which continues to grow rapidly year after year. And, the Bank of Indonesia maintains fat foreign-exchange reserves, so the currency is supported well.

The value of the Rupiah has been arbitrarily lowered several times in recent years by perhaps over-zealous central bankers and other government officials. Central bankers traumatized by inflation set the foreign-exchange rate for Rupiah at an artificially-low level.

As the country’s manufacturing and petroleum industries grow ever larger, nearly all observers believe that the Indonesian economy will prosper going forward.

To learn more about this currency, visit the blog

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Why Us

There is more than one reason why we are the #1 customer rated Indonesian Rupiah Dealer in the world!

State Licensed

In addition to our US Treasury registration we are licensed as a currency exchange with every US state where Currency Liquidator meets the criteria as an MSB.

US Treasury Registered

We are a US Treasury registered Indonesian Rupiah dealer that is in full compliance with all US Treasury rules and regulations. All currency we sell is legally obtained, legally declared, legally transported, and clear for resale.

A-Rating With The BBB

We boast a stellar A-rating with the Better Business Bureau. Our rating is a testament to our amazing products, pricing and service.

Largest Selection

While we specialize in the Indonesian Rupiah, we carry many other exotic foreign currencies from around the world. Don’t see what your want? Contact us and we will get it for you.

Loyalty Rewards

Get rewards for making Indonesian Rupiah purchases, posting Indonesian Rupiah reviews, referring friends, and so much more; use those rewards towards a new purchase.

World-Class Support

Talk to real people before, during and after you make a Indonesian Rupiah purchase; your business and satisfaction is our #1 goal!

Certificate of Authenticity

All Indonesian Rupiah we sell is guaranteed to be authentic and come with our company issued Certificate of Authenticity.

Low Price Guarantee

Price is as important to us as it is you. That is why we guarantee the lowest prices on all Indonesian Rupiah we sell period! Rest assured knowing your getting the most value for your money.

5 Star Reputation

Don’t take our word for it; with more than 100,000 customers and 1,000’s of customer reviews you can see why we are the #1 currency dealer in the world.

Safe & Secure

Security and compliance is what set us apart from the competition. We use the same 128-bit encryption and physical security that banks use and we are monitored by TRUSTe, GoDaddy and Verisign, so your order is always 100% safe and secure.

Buy-Back Guarantee

Currently no banks buy or sell many of the exotic currencies we sell here. That is why its crucial you work with a dealer who can exchange your currency back to US dollars. No matter the amount of Indonesian Rupiah you’re looking to exchange, we can exchange it guaranteed.

Quick Delivery

Local, national and international Indonesian Rupiah shipping is all done quickly and with precision.

Our Guarantee

Why settle for one guarantee when we will give you 10?

30 Day Moneyback Guarantee

All Indonesian Rupiah purchases are backed by our no questions asked, 30-day Money-Back guarantee, less a low restocking fee.

Satisfaction Guarantee

Your satisfaction is our #1 concern. We will go above and beyond the call of duty to see to it that you are 100% satisfied with your Indonesian Rupiah purchase.

Low Price Guarantee

We won’t be beat on price, period. Compare us to any major dealer in the market and our Indonesian Rupiah pricing will meet or be lower than any dealer guaranteed.

Price Match Guarantee

Find a lower price within 24 hours of your purchase, from a licensed dealer, that accepted the same payment option you used with us and we will match or beat it guaranteed.

Authenticity Guarantee

All Indonesian Rupiah we sell is guaranteed authentic, legally obtained, legally declared and from non-criminal origin. You will also be provided a Certificate of Authenticity.

Buy Back Guarantee

Even after our money back guarantee expires, you will still have the option to sell your Indonesian Rupiah back to us at any point in the future.

Safe & Secure Guarantee

We guarantee a safe and secure Indonesian Rupiah shopping experience. We use the same 128-bit encryption and physical security that banks use.

Customer Service Guarantee

We will be here to support you before the sale, during the sale, and after the sale guaranteed.

Trust Guarantee

We are a US Treasury registered money services business. We also hold many State Licenses and have an A-rating with the Better Business Bureau.

Shipping Guarantee

We guarantee fast and safe delivery of your Indonesian Rupiah. We ship all packages fully insured with tracking so you know where your package is every step of the way.

Certificate of Authenticity

All currency we ship is guaranteed to be authentic, legally obtained, legally declared, legally transported, and from non-criminal origin. Your order comes with this Certificate of Authenticity.

Q&A

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