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VEX to IDR Converter and calculator

VEX/IDR: 1 VEX = 4.59 IDR. The price of converting 1 VELOREX (VEX) to Indonesian Rupiah (IDR) is 4.59 IDR today.
VEX
VEX
IDR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VEX to IDR real-time exchange rates, making it easy to convert VELOREX (VEX) to Indonesian Rupiah (IDR). The conversion result is based on real-time data. The conversion result shows that 1 VEX is currently valued at 4.59 IDR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VEX is currently valued at 4.59 IDR, which means buying 5 VEX would cost 22.97 IDR. Similarly, Rp1 IDR can be converted to 0.2177 VEX, and Rp50 IDR can be converted to 1.09 VEX, excluding any platform or gas fees.

Convert VEX to IDR

Convert IDR to VEX

VELOREX
Indonesian Rupiah
500 VEX
2,296.94  IDR
1000 VEX
4,593.89  IDR
5000 VEX
22,969.45  IDR
10000 VEX
45,938.89  IDR
In the table above, you'll find a comprehensive VEX to IDR converter that shows the value of VELOREX in Indonesian Rupiah across commonly used conversion amounts. The list covers conversions from 1 VEX to IDR, all the way up to 10000 VEX, providing a clear view of their respective values.
Indonesian Rupiah
VELOREX
50000 IDR
10,884.02 VEX
100000 IDR
21,768.05 VEX
In the table above, you'll find a comprehensive IDR to VEX converter that shows the value of Indonesian Rupiah in VELOREX across commonly used conversion amounts. The list covers conversions from 1 IDR to VEX, all the way up to 100000 IDR, providing a clear view of their respective values.

VEX to IDR chart

VEX/IDR: 1 VEX = 4.59 IDR; 2025/04/29 19:14:49
In the past 1D, VELOREX has changed -0.26% to IDR. Based on the trend and price charts, VELOREX(VEX) has changed -0.26% to IDR while Indonesian Rupiah(IDR) has changed % to VEX in the last 24 hours.
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VEX to IDR conversion data: Volatility and price changes of VELOREX in IDR

The highest VELOREX price in IDR over the past 7 days was 4.66 IDR while the lowest VELOREX price in IDR over the past 7 days was 4.59 IDR. The relative change between the highs and lows in VELOREX price in IDR over the last 7 days indicates a volatility of %. You can view additional volatility data and VEX to IDR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
4.61 IDR
4.66 IDR
4.97 IDR
6.26 IDR
Low
4.59 IDR
4.59 IDR
4.45 IDR
4.45 IDR
Average
0 IDR
0 IDR
0 IDR
0 IDR
Volatility
%
%
%
%
Change
-0.26%
-1.33%
-7.55%
-25.05%

VELOREX information

VEX to IDR market statistics

VEX/IDR:
Rp4.59
VEX 24h volume:
--
VEX market cap:
--
VEX circulating supply:
0 VEX

Current VEX to IDR exchange rate

VELOREX to Indonesian Rupiah is falling this week.
VELOREX's current market price is Rp4.59 per VEX, with a total market cap of Rp0 IDR based on a circulating supply of -- VEX. The trading volume of VELOREX has changed by 0.00% (Rp0 IDR) in the last 24 hours. Last trading day, VEX's trading volume was Rp0.

More info about VELOREX on Bitget

Indonesian Rupiah 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.

Bitget crypto-to-fiat exchange data shows that the most popular VELOREX currency pair is the VEX to IDR, with for VELOREX's currency code being VEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

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How to convert VEX to IDR

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1 VEX to Rp4.59 IDR
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VEX to IDR Conversion tables

The exchange rate of VELOREX is decreasing.
The exchange rate of 1 VEX to Indonesian Rupiah has changed by -1.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.26%, reaching a high of 4.61 IDR and a low of 4.59 IDR . One month ago, the value of 1 VEX was Rp4.97 IDR , which represents a -7.55% change from its current value. Over the last year, VELOREX has changed by
-Rp
19.03IDR
, resulting in a change of -80.55% in its value.
24 hours ago1 month ago1 year ago
Amount19:14 today24 hours ago24h change
0.5 VEXRp2.3Rp2.3
-0.26%
1 VEXRp4.59Rp4.61
-0.26%
5 VEXRp22.97Rp23.03
-0.26%
10 VEXRp45.94Rp46.06
-0.26%
50 VEXRp229.69Rp230.3
-0.26%
100 VEXRp459.39Rp460.6
-0.26%
500 VEXRp2,296.94Rp2,303.02
-0.26%
1000 VEXRp4,593.89Rp4,606.04
-0.26%

VEX to IDR FAQ

How much is 1 VELOREX in IDR?
Right now, the price of 1 VELOREX (VEX) in Indonesian Rupiah (IDR) is Rp4.59.
How much VEX can I buy for 1 IDR?
Based on the current exchange rate, you can get 0.2177 VEX for 1 IDR.
How do I calculate or convert VEX to IDR?
You can use our VEX to IDR calculator at the top of this page to convert any amount of VEX to IDR. We've also included quick-reference tables for the most popular conversions. For example, 5 IDR is equivalent to 1.09 VEX, while 5 VEX will cost around 22.97IDR.
What is the highest price of VEX/IDR in history?
The all-time high price of 1 VEX in IDR is Rp373.79. It remains to be seen if the value of 1 VEX/IDR will exceed the current all-time high.
What is the price trend of VELOREX in IDR?
Over the past 7 days, the exchange rate of VELOREX (VEX) has gone down by 1.33%.   Over the last month, the exchange rate of VELOREX (VEX) has gone down by 7.55% against Indonesian Rupiah (IDR).

What factors influence the conversion rate of VEX to IDR?

There are many factors that affect the relationship between VELOREX and Indonesian Rupiah, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of VEX/IDR. When there is positive news in the market about the widespread adoption of VEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VEX/IDR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VEX/IDR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of VEX/IDR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of VELOREX and adjust their investment strategies accordingly in the evolving market.

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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.