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base info Mantle

Mantle to Indonesian Rupiah Converter and calculator

Convert 1Mantle (MNT) to Indonesian Rupiah (IDR) equals Rp 17,796.03 | Bitget

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 Mantle currency pair is the MNT to IDR, with for Mantle's currency code being MNT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

MNT to IDR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Mantle has changed -4.18% to IDR. Based on the trend and price charts, Mantle(MNT) has changed -4.18% to IDR while Indonesian Rupiah(IDR) has changed % to MNT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rp17,796.03
0.0001% / 0.0004%vip-iconVIP
Huobi
Rp17,653.83
0.1000% / 0.1000%
Yes
Gate.io
Rp17,673.17
0.1000% / 0.1000%
Yes
Bybit
Rp17,698.96
0.1000% / 0.1000%
Yes
KuCoin
Rp17,777.93
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 12:00:30(UTC+0)

What factors influence the conversion rate of Mantle to Indonesian Rupiah?

Mantle to Indonesian Rupiah is falling this week.
Mantle's current market price is Rp 17,796.03 per MNT, with a total market cap of Rp 58,094,107,940,806.55 IDR based on a circulating supply of 3,264,441,600 MNT. The trading volume of Mantle has changed by +37.71% (Rp 640,550,749,905.15 IDR) in the last 24 hours. Last trading day, MNT's trading volume was Rp 1,698,834,778,943.95.
Market cap
$3.60B
24h volume
$145.14M
Circulating supply
3.26B MNT

Conversion tables

The exchange rate of Mantle is increasing.
1 MNT is currently valued at Rp 17,796.03 IDR , which means buying 5 MNT will cost Rp 88,980.16 IDR . Similarly, Rp1 IDR can be traded for 0.{4}5619 MNT, and Rp50 IDR can be converted to 0.002810 MNT, excluding any platform or gas fees.
The exchange rate of 1 MNT to Indonesian Rupiah has changed by -21.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.18%, reaching a high of 19,589.34 IDR and a low of 16,358.82 IDR . One month ago, the value of 1 MNT was Rp 14,514.64 IDR , which represents a +22.57% change from its current value. Over the last year, Mantle has changed by
+Rp
1,703.06IDR
, resulting in a change of --% in its value.

MNT to IDR

Amount
12:11 today
0.5 MNT
Rp8,898.02
1 MNT
Rp17,796.03
5 MNT
Rp88,980.16
10 MNT
Rp177,960.32
50 MNT
Rp889,801.6
100 MNT
Rp1,779,603.21
500 MNT
Rp8,898,016.04
1000 MNT
Rp17,796,032.08

IDR to MNT

Amount12:11 today
0.5IDR0.{4}2810  MNT
1IDR0.{4}5619  MNT
5IDR0.0002810  MNT
10IDR0.0005619  MNT
50IDR0.002810  MNT
100IDR0.005619  MNT
500IDR0.02810  MNT
1000IDR0.05619  MNT
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Today vs. 24 hours ago

Amount12:11 today24 hours ago24h change
0.5 MNT$0.5521$0.5762
-4.18%
1 MNT$1.1$1.15
-4.18%
5 MNT$5.52$5.76
-4.18%
10 MNT$11.04$11.52
-4.18%
50 MNT$55.21$57.62
-4.18%
100 MNT$110.41$115.24
-4.18%
500 MNT$552.06$576.19
-4.18%
1000 MNT$1,104.12$1,152.38
-4.18%

Today vs. 1 month ago

Amount12:11 today1 month ago1M change
0.5 MNT$0.5521$0.4503
+22.57%
1 MNT$1.1$0.9005
+22.57%
5 MNT$5.52$4.5
+22.57%
10 MNT$11.04$9.01
+22.57%
50 MNT$55.21$45.03
+22.57%
100 MNT$110.41$90.05
+22.57%
500 MNT$552.06$450.27
+22.57%
1000 MNT$1,104.12$900.53
+22.57%

Today vs. 1 year ago

Amount12:11 today1 year ago1Y change
0.5 MNT$0.5521$-0.0007703
--
1 MNT$1.1$-0.001541
--
5 MNT$5.52$-0.007703
--
10 MNT$11.04$-0.01541
--
50 MNT$55.21$-0.07703
--
100 MNT$110.41$-0.1541
--
500 MNT$552.06$-0.7703
--
1000 MNT$1,104.12$-1.5405
--

FAQ

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.