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Speedy to Indonesian Rupiah Converter and calculator

Convert 1Speedy (SPEEDY) to Indonesian Rupiah (IDR) equals Rp 0.002786 | Bitget
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Last updated 2024/12/22 11:38:15 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Speedy(SPEEDY) to Indonesian Rupiah(IDR). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 IDR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

IDR information

About the Indonesian Rupiah (IDR)

What Is the Indonesian Rupiah (IDR)?

The Indonesian Rupiah, denoted as IDR and symbolized as Rp, serves as the sovereign currency of Indonesia, a sprawling archipelago in Southeast Asia. The term "Rupiah" is derived from the Sanskrit word "rupyakam," which translates to "silver," a nod to the currency's historical roots. In everyday vernacular, Indonesians often refer to the rupiah in coins as "perak," meaning "silver" in Indonesian, highlighting the currency's deep cultural integration. The Indonesian Rupiah is the sole legal tender in Indonesia, and it is used for all transactions within the country.

The rupiah is managed and issued by Bank Indonesia, the country's central bank, which plays a pivotal role in maintaining the currency's stability and value. The currency is divided into 100 sen, although due to persistent inflation over the years, sen denominations have become largely obsolete and are no longer in active circulation.

What Is the History of IDR?

Introduced in 1946 by Indonesian nationalists, the Rupiah replaced the Netherlands Indies gulden used during the Japanese occupation in World War II. Initially, it coexisted with other currencies, including a new version of the gulden. The Riau Islands and the Indonesian half of New Guinea had their own rupiah variants, which were later integrated into the national currency.

Notes and Coins of IDR

The Indonesian Rupiah has a diverse range of banknotes and coins, each uniquely emblematic of the nation's rich cultural and historical tapestry. The banknotes, available in denominations of Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, and Rp100,000, are adorned with images of national heroes, traditional dances, and scenic landscapes, reflecting Indonesia's vibrant heritage. These notes are fortified with advanced security features like watermarks, security threads, and intaglio printing, enhancing their security and accessibility, especially for the visually impaired. Notably, the 2016 series introduced new designs centered around national heroes, and a commemorative Rp75,000 note was issued in 2020 to mark Indonesia's 75th Independence Day. In 2022, a fresh series of banknotes was released, updating both the design and security elements.

Complementing the banknotes, Indonesian coins are circulated in denominations of Rp50, Rp100, Rp200, Rp500, and Rp1,000, predominantly crafted from aluminum and nickel. These coins feature the Garuda Pancasila, Indonesia's national emblem, and various indigenous flora and fauna, symbolizing the country's natural wealth. While all denominations are legally valid, the lower-valued coins are less frequently used due to inflation.

What is Digital Rupiah?

The Digital Rupiah is a digital currency initiative by Bank Indonesia, aimed at creating a digital version of the Indonesian Rupiah. This project is part of a global trend where central banks are exploring digital currencies, often referred to as Central Bank Digital Currencies (CBDCs). The Digital Rupiah is expected to function similarly to its physical counterpart but in a digital form, facilitating secure, efficient, and transparent financial transactions. It represents an effort to modernize the financial system, adapt to the growing digital economy, and enhance financial inclusion in Indonesia. The development of the Digital Rupiah is likely to involve careful planning and testing to ensure it integrates seamlessly with the existing financial infrastructure while addressing concerns related to security, privacy, and economic impact.

Why Does IDR Have So Many Zeros?

The presence of many zeros in the Indonesian Rupiah is directly linked to the country's history of high inflation, particularly during economic crises such as the Asian Financial Crisis in the late 1990s. Inflation reduces a currency's value, requiring larger denominations for everyday transactions, hence the higher number of zeros on the banknotes. The Indonesian government has considered redenomination to simplify the currency by removing some zeros, but this would only be a nominal change without altering the currency's actual value or the purchasing power of the people. Essentially, the multiple zeros on the rupiah reflect Indonesia's economic challenges and the impact of persistent inflation on its monetary system.

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Bitget crypto-to-fiat exchange data shows that the most popular Speedy currency pair is the SPEEDY to IDR, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

SPEEDY to IDR conversion rate trend

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Live Speedy (SPEEDY) price chart
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In the past 1D, Speedy has changed +0.57% to IDR. Based on the trend and price charts, Speedy(SPEEDY) has changed +0.57% to IDR while Indonesian Rupiah(IDR) has changed -0.57% to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rp0.002439
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 08:33:56(UTC+0)

How to buy Speedy

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Speedy (SPEEDY)
Use a variety of payment options to buy Speedy on Bitget. We'll show you how.

Buy SPEEDY (or USDT) for IDR (Indonesian Rupiah) offers

Bitget P2P trading does not currently support direct buying of SPEEDY with IDR. However, you can buy USDT in Bitget P2P trading first, and then buy SPEEDY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell SPEEDY (or USDT) for IDR (Indonesian Rupiah) offers

Bitget P2P trading currently does not support direct selling of SPEEDY to IDR. However, you can first exchange SPEEDY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Speedy to Indonesian Rupiah?

Speedy to Indonesian Rupiah is falling this week.
Speedy's current market price is Rp 0.002786 per SPEEDY, with a total market cap of Rp 0 IDR based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by -67.92% (Rp -2,384,918.20 IDR) in the last 24 hours. Last trading day, SPEEDY's trading volume was Rp 3,511,162.05.
Market cap
$0
24h volume
$69.64460812
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at Rp 0.002786 IDR , which means buying 5 SPEEDY will cost Rp 0.01393 IDR . Similarly, Rp1 IDR can be traded for 358.92 SPEEDY, and Rp50 IDR can be converted to 17,945.83 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Indonesian Rupiah has changed by -31.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.57%, reaching a high of 0.002790 IDR and a low of 0.002439 IDR . One month ago, the value of 1 SPEEDY was Rp 0.006588 IDR , which represents a -57.71% change from its current value. Over the last year, Speedy has changed by
-Rp
0.4178IDR
, resulting in a change of -99.34% in its value.

SPEEDY to IDR

Amount
11:38 am today
0.5 SPEEDY
Rp0.001393
1 SPEEDY
Rp0.002786
5 SPEEDY
Rp0.01393
10 SPEEDY
Rp0.02786
50 SPEEDY
Rp0.1393
100 SPEEDY
Rp0.2786
500 SPEEDY
Rp1.39
1000 SPEEDY
Rp2.79

IDR to SPEEDY

Amount11:38 am today
0.5IDR179.46  SPEEDY
1IDR358.92  SPEEDY
5IDR1,794.58  SPEEDY
10IDR3,589.17  SPEEDY
50IDR17,945.83  SPEEDY
100IDR35,891.67  SPEEDY
500IDR179,458.35  SPEEDY
1000IDR358,916.69  SPEEDY

Today vs. 24 hours ago

Amount11:38 am today24 hours ago24h change
0.5 SPEEDY$0.{7}8615$0.{7}8566
+0.57%
1 SPEEDY$0.{6}1723$0.{6}1713
+0.57%
5 SPEEDY$0.{6}8615$0.{6}8566
+0.57%
10 SPEEDY$0.{5}1723$0.{5}1713
+0.57%
50 SPEEDY$0.{5}8615$0.{5}8566
+0.57%
100 SPEEDY$0.{4}1723$0.{4}1713
+0.57%
500 SPEEDY$0.{4}8615$0.{4}8566
+0.57%
1000 SPEEDY$0.0001723$0.0001713
+0.57%

Today vs. 1 month ago

Amount11:38 am today1 month ago1M change
0.5 SPEEDY$0.{7}8615$0.{6}2037
-57.71%
1 SPEEDY$0.{6}1723$0.{6}4074
-57.71%
5 SPEEDY$0.{6}8615$0.{5}2037
-57.71%
10 SPEEDY$0.{5}1723$0.{5}4074
-57.71%
50 SPEEDY$0.{5}8615$0.{4}2037
-57.71%
100 SPEEDY$0.{4}1723$0.{4}4074
-57.71%
500 SPEEDY$0.{4}8615$0.0002037
-57.71%
1000 SPEEDY$0.0001723$0.0004074
-57.71%

Today vs. 1 year ago

Amount11:38 am today1 year ago1Y change
0.5 SPEEDY$0.{7}8615$0.{4}1300
-99.34%
1 SPEEDY$0.{6}1723$0.{4}2601
-99.34%
5 SPEEDY$0.{6}8615$0.0001300
-99.34%
10 SPEEDY$0.{5}1723$0.0002601
-99.34%
50 SPEEDY$0.{5}8615$0.001300
-99.34%
100 SPEEDY$0.{4}1723$0.002601
-99.34%
500 SPEEDY$0.{4}8615$0.01300
-99.34%
1000 SPEEDY$0.0001723$0.02601
-99.34%

Speedy price prediction

What will the price of SPEEDY be in 2025?

Based on SPEEDY's historical price performance prediction model, the price of SPEEDY is projected to reach $0.{5}2901 in 2025.

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to change by +5.00%. By the end of 2030, the SPEEDY price is projected to reach $0.{5}5308, with a cumulative ROI of +3028.17%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.