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Shine Chain to Indonesian Rupiah Converter and calculator

Convert 1Shine Chain (SC20) to Indonesian Rupiah (IDR) equals Rp 88.33 | 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 Shine Chain(SC20) to Indonesian Rupiah(IDR). This is the real-time data. The current conversion shows 1 SC20 at a value of 1 SC20 for 88.33 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 Shine Chain currency pair is the SC20 to IDR, with for Shine Chain's currency code being SC20. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IDR.

SC20 to IDR conversion rate trend

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In the past 1D, Shine Chain has changed -7.14% to IDR. Based on the trend and price charts, Shine Chain(SC20) has changed -7.14% to IDR while Indonesian Rupiah(IDR) has changed % to SC20 in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Rp88.33
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:34:08(UTC+0)

How to buy Shine Chain

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Buy Shine Chain (SC20)
Use a variety of payment options to buy Shine Chain on Bitget. We'll show you how.

Buy SC20 (or USDT) for IDR (Indonesian Rupiah) offers

Bitget P2P trading does not currently support direct buying of SC20 with IDR. However, you can buy USDT in Bitget P2P trading first, and then buy SC20 with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell SC20 (or USDT) for IDR (Indonesian Rupiah) offers

Bitget P2P trading currently does not support direct selling of SC20 to IDR. However, you can first exchange SC20 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 Shine Chain to Indonesian Rupiah?

Shine Chain to Indonesian Rupiah is falling this week.
Shine Chain's current market price is Rp 88.33 per SC20, with a total market cap of Rp 0 IDR based on a circulating supply of -- SC20. The trading volume of Shine Chain has changed by -69.91% (Rp -9,000,382.74 IDR) in the last 24 hours. Last trading day, SC20's trading volume was Rp 12,874,628.96.
Market cap
$0
24h volume
$239.77483032
Circulating supply
0 SC20

Conversion tables

The exchange rate of Shine Chain is decreasing.
1 SC20 is currently valued at Rp 88.33 IDR , which means buying 5 SC20 will cost Rp 441.63 IDR . Similarly, Rp1 IDR can be traded for 0.01132 SC20, and Rp50 IDR can be converted to 0.5661 SC20, excluding any platform or gas fees.
The exchange rate of 1 SC20 to Indonesian Rupiah has changed by -21.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.14%, reaching a high of 95.14 IDR and a low of 88.29 IDR . One month ago, the value of 1 SC20 was Rp 242.45 IDR , which represents a -63.57% change from its current value. Over the last year, Shine Chain has changed by
-Rp
1,262.68IDR
, resulting in a change of -93.46% in its value.

SC20 to IDR

Amount
05:00 am today
0.5 SC20
Rp44.16
1 SC20
Rp88.33
5 SC20
Rp441.63
10 SC20
Rp883.27
50 SC20
Rp4,416.34
100 SC20
Rp8,832.68
500 SC20
Rp44,163.38
1000 SC20
Rp88,326.76

IDR to SC20

Amount05:00 am today
0.5IDR0.005661  SC20
1IDR0.01132  SC20
5IDR0.05661  SC20
10IDR0.1132  SC20
50IDR0.5661  SC20
100IDR1.13  SC20
500IDR5.66  SC20
1000IDR11.32  SC20

Today vs. 24 hours ago

Amount05:00 am today24 hours ago24h change
0.5 SC20$0.002733$0.002944
-7.14%
1 SC20$0.005466$0.005887
-7.14%
5 SC20$0.02733$0.02944
-7.14%
10 SC20$0.05466$0.05887
-7.14%
50 SC20$0.2733$0.2944
-7.14%
100 SC20$0.5466$0.5887
-7.14%
500 SC20$2.73$2.94
-7.14%
1000 SC20$5.47$5.89
-7.14%

Today vs. 1 month ago

Amount05:00 am today1 month ago1M change
0.5 SC20$0.002733$0.007503
-63.57%
1 SC20$0.005466$0.01501
-63.57%
5 SC20$0.02733$0.07503
-63.57%
10 SC20$0.05466$0.1501
-63.57%
50 SC20$0.2733$0.7503
-63.57%
100 SC20$0.5466$1.5
-63.57%
500 SC20$2.73$7.5
-63.57%
1000 SC20$5.47$15.01
-63.57%

Today vs. 1 year ago

Amount05:00 am today1 year ago1Y change
0.5 SC20$0.002733$0.04181
-93.46%
1 SC20$0.005466$0.08361
-93.46%
5 SC20$0.02733$0.4181
-93.46%
10 SC20$0.05466$0.8361
-93.46%
50 SC20$0.2733$4.18
-93.46%
100 SC20$0.5466$8.36
-93.46%
500 SC20$2.73$41.81
-93.46%
1000 SC20$5.47$83.61
-93.46%

Shine Chain price prediction

What will the price of SC20 be in 2025?

Based on SC20's historical price performance prediction model, the price of SC20 is projected to reach $0.01647 in 2025.

What will the price of SC20 be in 2030?

In 2030, the SC20 price is expected to change by -14.00%. By the end of 2030, the SC20 price is projected to reach $0.03625, with a cumulative ROI of +563.21%.

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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 Shine Chain 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 Shine Chain 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 Shine Chain 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.