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Paras to Indonesian Rupiah Converter and calculator

Convert 1Paras (PARAS) to Indonesian Rupiah (IDR) equals Rp 109.32 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Paras(PARAS) to Indonesian Rupiah(IDR). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 109.32 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 Paras currency pair is the PARAS to IDR, with for Paras's currency code being PARAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

PARAS to IDR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Paras has changed +3.39% to IDR. Based on the trend and price charts, Paras(PARAS) has changed +3.39% to IDR while Indonesian Rupiah(IDR) has changed % to PARAS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rp109.32
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/06 05:46:26(UTC+0)

How to buy Paras

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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 Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of PARAS with IDR. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
F
Flashsale IDR - 1Ultra-MerchantGolden merchantVerified Merchant
1158 tradesCompletion rate 96.00%
15825 IDR
Amount84.77 USDT
Limit158250 - 474750 IDR
Bank TransferGoPayOVODANABank BCABank MandiriPermata MeSeabankBNC (Bank Neo Commerce)Blu by BCA Digital
Buy
F
Flashsale IDR - 2Ultra-MerchantGolden merchantVerified Merchant
1209 tradesCompletion rate 96.00%
15825 IDR
Amount151.24 USDT
Limit158250 - 474750 IDR
Bank TransferGoPayBank BCASeabankBNC (Bank Neo Commerce)LINE Bank by Hana BankBlu by BCA Digital
Buy
F
Flashsale IDR -3Ultra-MerchantGolden merchantVerified Merchant
789 tradesCompletion rate 97.00%
15825 IDR
Amount263.19 USDT
Limit158250 - 474750 IDR
DANABank BCABank MandiriSeabankBNC (Bank Neo Commerce)AllobankBlu by BCA Digital
Buy
D
DISKON USDT - 1Ultra-MerchantGolden merchantVerified Merchant
318 tradesCompletion rate 97.00%
16150 IDR
Amount1423.16 USDT
Limit1615000 - 2422500 IDR
Bank TransferGoPayOVODANABank JagoBank BNIBank BRIBank BCABank MandiriPermata MeSeabankBNC (Bank Neo Commerce)Blu by BCA Digital
Buy
M
Michael NicoVerified Merchant
2223 tradesCompletion rate 98.00%
16484 IDR
Amount29.4 USDT
Limit100000 - 1634718 IDR
Bank BCA
Buy

Sell PARAS (or USDT) for IDR (Indonesian Rupiah) offers

Bitget P2P trading currently does not support direct selling of PARAS to IDR. However, you can first exchange PARAS for USDT in the Bitget spot market, and then sell USDT to IDR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
M
M Santibi TradesVerified Merchant
12 tradesCompletion rate 100.00%
17000 IDR
Amount33961.22 USDT
Limit17000000 - 450000000 IDR
Bank TransferDANABank JagoBank BNIBank BRIBank MandiriPermata MeSeabankBank CIMB NiagaAllobankBank Danamon
Sell
M
MuliaMandiriVerified Merchant
1285 tradesCompletion rate 99.00%
16482 IDR
Amount460.43 USDT
Limit55000 - 400000 IDR
Bank TransferOVODANABank BNIBank BRIBank BCABank MandiriSeabankBNC (Bank Neo Commerce)LINE Bank by Hana BankTMRW by UOBAllobankBlu by BCA DigitalBank Danamon
Sell
E
EZ STORE OFFICIALGolden merchantVerified Merchant
1112 tradesCompletion rate 99.00%
16482 IDR
Amount1237.32 USDT
Limit51500 - 400000 IDR
Bank TransferGoPayOVODANABank BNIBank BRIBank BCABank MandiriPermata MeSeabankBank OCBC NISPBank MegaMaybank IndonesiaBNC (Bank Neo Commerce)Bank CIMB NiagaDigibank by DBSLINE Bank by Hana BankTMRW by UOBAllobankBlu by BCA DigitalBank Danamon
Sell
R
RAPNGOODGolden merchantVerified Merchant
4194 tradesCompletion rate 99.00%
16482 IDR
Amount794.26 USDT
Limit50000 - 500000 IDR
Bank TransferOVODANABank BNIBank BRIBank BCABank MandiriPermata MeSeabankBank MegaMaybank IndonesiaBNC (Bank Neo Commerce)Bank CIMB NiagaDigibank by DBSLINE Bank by Hana BankTMRW by UOBAllobankBlu by BCA DigitalBank Danamon
Sell
B
BOVERICHGolden merchantVerified Merchant
1539 tradesCompletion rate 99.00%
16481 IDR
Amount146 USDT
Limit500000 - 2400000 IDR
DANABank JagoBank BNIBank BRIBank BCABank MandiriPermata MeSeabankBank OCBC NISPBank MegaMaybank IndonesiaBNC (Bank Neo Commerce)Bank CIMB NiagaDigibank by DBSLINE Bank by Hana BankTMRW by UOBAllobankBlu by BCA DigitalBank Danamon
Sell

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

Paras to Indonesian Rupiah is falling this week.
Paras's current market price is Rp 109.32 per PARAS, with a total market cap of Rp 0 IDR based on a circulating supply of -- PARAS. The trading volume of Paras has changed by +30.14% (Rp 165,945,851.01 IDR) in the last 24 hours. Last trading day, PARAS's trading volume was Rp 550,503,081.86.
Market cap
$0
24h volume
$44.08K
Circulating supply
0 PARAS

Conversion tables

The exchange rate of Paras is decreasing.
1 PARAS is currently valued at Rp 109.32 IDR , which means buying 5 PARAS will cost Rp 546.58 IDR . Similarly, Rp1 IDR can be traded for 0.009148 PARAS, and Rp50 IDR can be converted to 0.4574 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Indonesian Rupiah has changed by -18.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.39%, reaching a high of 110.59 IDR and a low of 104.14 IDR . One month ago, the value of 1 PARAS was Rp 191.33 IDR , which represents a -42.87% change from its current value. Over the last year, Paras has changed by
-Rp
98.72IDR
, resulting in a change of -47.45% in its value.

PARAS to IDR

Amount
05:46 am today
0.5 PARAS
Rp54.66
1 PARAS
Rp109.32
5 PARAS
Rp546.58
10 PARAS
Rp1,093.17
50 PARAS
Rp5,465.85
100 PARAS
Rp10,931.69
500 PARAS
Rp54,658.47
1000 PARAS
Rp109,316.95

IDR to PARAS

Amount05:46 am today
0.5IDR0.004574  PARAS
1IDR0.009148  PARAS
5IDR0.04574  PARAS
10IDR0.09148  PARAS
50IDR0.4574  PARAS
100IDR0.9148  PARAS
500IDR4.57  PARAS
1000IDR9.15  PARAS
Buy Paras for 1 IDR
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Today vs. 24 hours ago

Amount05:46 am today24 hours ago24h change
0.5 PARAS$0.003363$0.003253
+3.39%
1 PARAS$0.006726$0.006506
+3.39%
5 PARAS$0.03363$0.03253
+3.39%
10 PARAS$0.06726$0.06506
+3.39%
50 PARAS$0.3363$0.3253
+3.39%
100 PARAS$0.6726$0.6506
+3.39%
500 PARAS$3.36$3.25
+3.39%
1000 PARAS$6.73$6.51
+3.39%

Today vs. 1 month ago

Amount05:46 am today1 month ago1M change
0.5 PARAS$0.003363$0.005887
-42.87%
1 PARAS$0.006726$0.01177
-42.87%
5 PARAS$0.03363$0.05887
-42.87%
10 PARAS$0.06726$0.1177
-42.87%
50 PARAS$0.3363$0.5887
-42.87%
100 PARAS$0.6726$1.18
-42.87%
500 PARAS$3.36$5.89
-42.87%
1000 PARAS$6.73$11.77
-42.87%
Buy Paras for 1 IDR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount05:46 am today1 year ago1Y change
0.5 PARAS$0.003363$0.006400
-47.45%
1 PARAS$0.006726$0.01280
-47.45%
5 PARAS$0.03363$0.06400
-47.45%
10 PARAS$0.06726$0.1280
-47.45%
50 PARAS$0.3363$0.6400
-47.45%
100 PARAS$0.6726$1.28
-47.45%
500 PARAS$3.36$6.4
-47.45%
1000 PARAS$6.73$12.8
-47.45%

Paras price prediction

What will the price of PARAS be in 2025?

Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.01102 in 2025.

What will the price of PARAS be in 2030?

In 2030, the PARAS price is expected to change by -8.00%. By the end of 2030, the PARAS price is projected to reach $0.02051, with a cumulative ROI of +204.86%.
Buy Paras for 1 IDR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Paras now

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Buy Paras for 1 IDR
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Buy Paras for 1 IDR
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Paras and IDR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Paras and IDR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Paras in IDR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.