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Indian Rupee to Indonesian Rupiah
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About Indian Rupee
The Indian rupee is the official currency in India. The rupee is subdivided into 100 paise. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management based on the Reserve Bank of India Act, 1934. WikipediaAbout Indonesian Rupiah
The rupiah is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam. Sometimes, Indonesians also informally use the word perak in referring to rupiah in coins. The rupiah is divided into 100 cents, although high inflation has rendered all coins and banknotes denominated in cents obsolete.
The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence. It replaced the Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971, respectively. Wikipedia