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The Root Network to Indonesian Rupiah Converter and calculator

Convert 1The Root Network (ROOT) to Indonesian Rupiah (IDR) equals Rp 512.92 | 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 The Root Network(ROOT) to Indonesian Rupiah(IDR). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 512.92 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 The Root Network currency pair is the ROOT to IDR, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

ROOT to IDR conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Root Network has changed +1.20% to IDR. Based on the trend and price charts, The Root Network(ROOT) has changed +1.20% to IDR while Indonesian Rupiah(IDR) has changed % to ROOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rp492.97
0.0200% / 0.0320%vip-iconVIP 7
Huobi
Rp493.3
0.1000% / 0.1000%
Yes
Gate.io
Rp493.62
0.1000% / 0.1000%
Yes
Bybit
Rp492.65
0.1000% / 0.1000%
Yes
KuCoin
Rp491.2
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:19(UTC+0)

How to buy The Root Network

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Create Your Free Bitget Account
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 The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of ROOT to IDR. However, you can first exchange ROOT 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
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What factors influence the conversion rate of The Root Network to Indonesian Rupiah?

The Root Network to Indonesian Rupiah is falling this week.
The Root Network's current market price is Rp 512.92 per ROOT, with a total market cap of Rp 742,108,170,048.28 IDR based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +92.05% (Rp 68,883,736,585.8 IDR) in the last 24 hours. Last trading day, ROOT's trading volume was Rp 74,835,802,106.33.
Market cap
$45.93M
24h volume
$8.89M
Circulating supply
1.45B ROOT

Conversion tables

The exchange rate of The Root Network is decreasing.
1 ROOT is currently valued at Rp 512.92 IDR , which means buying 5 ROOT will cost Rp 2,564.62 IDR . Similarly, Rp1 IDR can be traded for 0.001950 ROOT, and Rp50 IDR can be converted to 0.09748 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Indonesian Rupiah has changed by -16.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.20%, reaching a high of 558.56 IDR and a low of 487.46 IDR . One month ago, the value of 1 ROOT was Rp 553.33 IDR , which represents a -7.32% change from its current value. Over the last year, The Root Network has changed by
-Rp
265.45IDR
, resulting in a change of -34.15% in its value.

ROOT to IDR

Amount
12:51 today
0.5 ROOT
Rp256.46
1 ROOT
Rp512.92
5 ROOT
Rp2,564.62
10 ROOT
Rp5,129.23
50 ROOT
Rp25,646.17
100 ROOT
Rp51,292.35
500 ROOT
Rp256,461.73
1000 ROOT
Rp512,923.45

IDR to ROOT

Amount12:51 today
0.5IDR0.0009748  ROOT
1IDR0.001950  ROOT
5IDR0.009748  ROOT
10IDR0.01950  ROOT
50IDR0.09748  ROOT
100IDR0.1950  ROOT
500IDR0.9748  ROOT
1000IDR1.95  ROOT

Today vs. 24 hours ago

Amount12:51 today24 hours ago24h change
0.5 ROOT$0.01587$0.01568
+1.20%
1 ROOT$0.03174$0.03137
+1.20%
5 ROOT$0.1587$0.1568
+1.20%
10 ROOT$0.3174$0.3137
+1.20%
50 ROOT$1.59$1.57
+1.20%
100 ROOT$3.17$3.14
+1.20%
500 ROOT$15.87$15.68
+1.20%
1000 ROOT$31.74$31.37
+1.20%

Today vs. 1 month ago

Amount12:51 today1 month ago1M change
0.5 ROOT$0.01587$0.01712
-7.32%
1 ROOT$0.03174$0.03425
-7.32%
5 ROOT$0.1587$0.1712
-7.32%
10 ROOT$0.3174$0.3425
-7.32%
50 ROOT$1.59$1.71
-7.32%
100 ROOT$3.17$3.42
-7.32%
500 ROOT$15.87$17.12
-7.32%
1000 ROOT$31.74$34.25
-7.32%

Today vs. 1 year ago

Amount12:51 today1 year ago1Y change
0.5 ROOT$0.01587$0.02409
-34.15%
1 ROOT$0.03174$0.04817
-34.15%
5 ROOT$0.1587$0.2409
-34.15%
10 ROOT$0.3174$0.4817
-34.15%
50 ROOT$1.59$2.41
-34.15%
100 ROOT$3.17$4.82
-34.15%
500 ROOT$15.87$24.09
-34.15%
1000 ROOT$31.74$48.17
-34.15%

The Root Network price prediction

What will the price of ROOT be in 2025?

Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.04309 in 2025.

What will the price of ROOT be in 2030?

In 2030, the ROOT price is expected to change by -16.00%. By the end of 2030, the ROOT price is projected to reach $0.05327, with a cumulative ROI of +84.95%.

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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 The Root Network 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 The Root Network 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 The Root Network 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.
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.