Purchasing Power Parity Calculator
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Purchasing Power Parity Calculator for Indonesia (USD vs IDR)
What is Indonesia's (IDR) equivalent in USD based on purchasing power?
Use this calculator to find purchasing power parity for Indonesia's (IDR). Purchasing power parity (PPP) is a theory that estimates the amount of adjustment needed on the exchange rate between countries to make the exchange of goods and services of the two countries equal. This means that a good or service should have the same price in one country as it does in another country, after taking into account the exchange rate between the two countries.
Indonesia Purchasing Power Parity
The current PPP rate for Indonesia's (IDR) is 4705.548.
What does this mean?
This means that 1 USD is euqivalent to 4705.548 IDR in Indonesia based on the general cost & standard of living in Indonesia.