The exchange rate between the Indonesian Rupiah (IDR) and the Pakistani Rupee (PKR) is closely monitored by traders, travelers, and businesses involved in regional trade. This rate plays an important role for tourists, importers, and students dealing with payments in both countries.
Current Exchange Rate
As of today:
| Indonesian Rupiah (IDR) | Pakistani Rupee (PKR) |
|---|---|
| 1 IDR | 0.018 PKR |
| 10 IDR | 0.18 PKR |
| 100 IDR | 1.8 PKR |
| 1,000 IDR | 18 PKR |
| 10,000 IDR | 180 PKR |
Note: Exchange rates may vary slightly depending on banks, currency exchange offices, or market demand.
Why the Exchange Rate Matters
- Travel & Tourism:
- Indonesia is a favorite destination for Pakistani tourists. A lower Rupiah value against the Rupee means more affordable travel, accommodation, and daily expenses for visitors.
- Trade & Business:
- Pakistan imports palm oil, paper, textiles, and other goods from Indonesia. A favorable exchange rate helps businesses reduce import costs and improve profit margins.
- Students & Education:
- Many Pakistani students study in Indonesian universities. Knowing the current exchange rate helps them manage tuition fees, living costs, and other payments effectively.
Factors Affecting the Exchange Rate
- Inflation in Pakistan and Indonesia
- Global oil and commodity prices
- Demand for US Dollar in both countries
- Political and economic stability
- International trade and sanctions
These factors can cause fluctuations in the Rupiah-to-Rupee rate on a daily basis.
How to Check Daily Rates
For accurate and updated rates:
- Licensed money exchange offices
- Bank websites and official apps
- Online currency converters
- Forex trading platforms
Monitoring rates regularly ensures smarter financial decisions for travelers and traders alike.
Conclusion
Currently, 1 Indonesian Rupiah (IDR) = 0.018 Pakistani Rupees (PKR). This indicates that the Pakistani Rupee is significantly stronger. Despite the difference, trade, travel, and education links between Pakistan and Indonesia continue, making it essential to keep track of daily currency changes for accurate planning and budgeting.
