ru·​pi·​ah | \ rü-ˈpē-ə How to pronounce rupiah (audio) \
plural rupiah or rupiahs

Definition of rupiah

the basic monetary unit of Indonesia — see Money Table

Examples of rupiah in a Sentence

Recent Examples on the Web

The South African rand fell sharply while Indonesia’s rupiah was hovering around levels last seen during the Asian financial crisis two decades ago. Amrith Ramkumar, WSJ, "Internet Stocks Pull Down S&P 500," 5 Sep. 2018 While Bank Indonesia has tried to quell the investor exodus by making significant interventions in the currency and bond markets, the rupiah slumped to a fresh low of 14,213 against the dollar last week. Viriya Singgih,, "New Bank Indonesia Governor Is Wasting No Time on Rate Hikes," 28 May 2018 The rupiah has been hit by investor flight from emerging markets and is currently trading near its weakest level in 20 years. Ben Otto, WSJ, "Indonesia President Picks Conservative Cleric for Running Mate," 10 Aug. 2018 Investors also ran away from risk in currency markets, with the dollar rising against the Indonesian rupiah, Australian dollar and Chinese yuan. Saumya Vaishampayan, WSJ, "Stocks Drop Across Asia After U.S. Swoon," 5 Dec. 2018 That day the rupiah appreciated 28% against the greenback. Steve H. Hanke, WSJ, "Erdogan Can Save the Turkish Lira," 12 Aug. 2018 The Indonesian rupiah has risen 2.3% against the dollar. Saumya Vaishampayan, WSJ, "As Fed Fuels a Global Rally, Asian Currencies Lag Behind," 11 Jan. 2019 The MSCI Emerging Markets Asia Index, which is down nearly 14% in the year to date, is up 0.6% so far in December, while the Chinese yuan and Indonesian rupiah have also pared some of their 2018 losses. Joanne Chiu, WSJ, "Foreigners Dive Back Into Stocks and Bonds in Asia," 6 Dec. 2018 The rupiah has fallen to levels not seen since the 1997-98 Asian financial crisis, and with the Federal Reserve likely to continue raising short-term interest rates, there is no relief in sight. Rizal Ramli, WSJ, "Indonesia’s President Suddenly Looks Vulnerable," 17 Oct. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rupiah.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of rupiah

1947, in the meaning defined above

History and Etymology for rupiah

Malay, from Hindi & Urdu rūpaiyā rupee

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Last Updated

23 Apr 2019

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The first known use of rupiah was in 1947

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English Language Learners Definition of rupiah

: the basic unit of money in Indonesia

More from Merriam-Webster on rupiah

Rhyming Dictionary: Words that rhyme with rupiah Encyclopedia article about rupiah

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