Q:

How do you calculate the current exchange rates for the Indonesian rupiah?

A:

Quick Answer

Calculate the current exchange rate for the Indonesian rupiah using online current conversion tools on sites such as Bloombert.com, FX-Rate.net, X-Rates.com and XE.com, as of 2015. Each site obtains the current value of the Indonesian rupiah and automatically calculates the equivalent amount of money in the currency you designate.

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Full Answer

Bloomberg.com maintains a quotes tool within the Business section of its site that allows you to obtain current values and historical data for both stock market quotes and the strength of a currency, such as the Indonesian rupiah. The tool displays the current value of the rupiah compared to a single U.S. dollar as well as its change over the time frame you select.

FX-Rate.net only requires you to select the starting currency to see its exchange rates for every other major currency, starting with a single denomination. When choosing the Indonesian rupiah, you are able to enter a different amount to see different exchange rates as well as the rates for the currencies with the highest exchange rates.

X-Rates.com offers a simple currency conversion tool wherein you enter the starting denomination and currency and are able to see the exchange rates for both the top ten global currencies with the strongest markets or all currencies alphabetically.

XE.com contains a conversion tool that only displays the value of a second currency compared to the U.S. dollar or the same conversion in the opposite order. It also offers historical graphs on currency strength.

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