The 1998-2001 series of rupiah banknotes

Rupiah (Rp) is the monetary unit of Indonesia (currency code IDR). Sample notes of Indonesian Rupiah. ... Sample notes of Indonesian Rupiah. ... Jump to: navigation, search A currency is a unit of exchange, facilitating the transfer of goods and services. ...

History

The name derives from the Indian monetary unit rupee. Indonesia used the Dutch guilder from 1610 to 1817, when the Dutch East Indies guilder was introduced. The rupiah was first introduced during the World War II Japanese occupation, and after the end of the war the Java Bank briefly issued its own Java rupiah as a replacement. The Netherlands' Nica guilder and various guerrilla-linked currencies were also in use around the archipelago. The Rupee (₨ or Rs. ... The guilder (Dutch gulden), represented by the symbol ƒ, was the name of the currency used in the Netherlands from the 15th century until 1999, when it was replaced by the euro (coins and notes were not introduced until 2002). ... // Events January 7 - Galileo Galilei discovers the Galilean moons of Jupiter. ... 1817 was a common year starting on Wednesday (see link for calendar). ... The Dutch East Indies, or Netherlands East Indies, (Dutch: Nederlands Indië) was the name of the colonies set up by the Dutch East India Company, which came under administration of the Netherlands during the 19th century (see Indonesia). ... The guilder (Dutch gulden), represented by the symbol ƒ, was the name of the currency used in the Netherlands from the 15th century until 1999, when it was replaced by the euro (coins and notes were not introduced until 2002). ... Jump to: navigation, search World War II was a truly global conflict with many facets: immense human suffering, fierce indoctrinations, and the use of new, extremely devastating weapons such as the atom bomb World War II, also known as the Second World War, was a mid-20th-century conflict that... Belligerent military occupation, occurs when one nations military garrisons occupy all or part of the territory of another nation or recognized belligerent during an invasion (during or after a war). ... Distinguish from the type of ape called a gorilla. ...

Four years after independence, the Indonesian rupiah was introduced on November 2, 1949 as the new national currency. The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah, but these were subsumed into the national rupiah in 1964 and 1971 respectively. Devalued by rampant inflation, on December 13, 1965 the New Rupiah was introduced at a rate of 1,000 old rupiah to one new rupiah. Jump to: navigation, search November 2 is the 306th day of the year (307th in leap years) in the Gregorian Calendar, with 59 days remaining. ... Jump to: navigation, search 1949 is a common year starting on Saturday. ... The Riau Islands (Kepulauan Riau (Kepri for short) or sometimes Riau Kepulauan in Bahasa Indonesia) are a province and a group of islands in Indonesia, located south of Singapore, off the eastern coast of Riau province on Sumatra island. ... Jump to: navigation, search 1964 was a leap year starting on Wednesday (link will take you to calendar). ... Jump to: navigation, search 1971 is a common year starting on Friday (click for link to calendar). ... Devaluation is a reduction in the value of a currency. ... Jump to: navigation, search December 13 is the 347th day of the year (348th in leap years) in the Gregorian calendar. ... Jump to: navigation, search 1965 was a common year starting on Friday (link goes to calendar). ...

The Asian financial crisis of 1997-1998 reduced the rupiah's value by 35% overnight and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2,000-3,000 rupiah per 1 US dollar, but reached a low of 16,800 rupiah per dollar in June 1998. Jump to: navigation, search The Asian financial crisis was a financial crisis that started in July 1997 in Thailand, and affected currencies, stock markets, and other asset prices of several Asian countries, many part of the East Asian Tigers. ... Jump to: navigation, search 1997 is a common year starting on Wednesday of the Gregorian calendar. ... Jump to: navigation, search 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... Jump to: navigation, search General Haji Mohamed Soeharto (commonly spelled Suharto in the English-speaking world) (born June 8, 1921) was an Indonesian leader and military strongman. ... The United States dollar is the official currency of the United States. ...

The rupiah is a freely convertible currency, but trades at a penalty due to continued high inflation. As of early October 2005, USD 1 is worth approximately Rp 10,300 and GBP 1 is worth Rp 18,100. Inside Indonesia the preferred currency for exchange is the US dollar. Other currencies are typically subject to a wide exchange spread. In finance, the exchange rate between two currencies specifies how much one currency is worth in terms of the other. ... Jump to: navigation, search 2005(MMV) is a common year starting on Saturday of the Gregorian calendar. ... Jump to: navigation, search The pound sterling is the official currency of the United Kingdom (UK). ...

Notes and coins

Indonesian currency comes in whole units only, as sen (1/100 rupiah, cents) have been eliminated due to inflation. Jump to: navigation, search A two cent euro coin A US penny In currency, the cent is a monetary unit that equals th of the basic unit of value. ...

Indonesian bank notes are typical paper notes; however, in 1993 5,000,000 50,000 rupiah notes were issued to commemorate '25 years of economic development' was made of plastic (with a hologram), featuring Soeharto on the front and Soekarno-Hatta airport on the back (with a plane taking off to symbolise Indonesia's growth).

The 100,000 rupiah note, introduced in 1999 was also plastic/polymer, issued according to Bank Indonesia because plastic would be harder to counterfeit and would last longer; however, the notes were not popular in banks as the counting machines used were unable to count them accurately, and the current (2004) series is now made from paper, and Indonesia no longer issues plastic banknotes.

There are two series of banknotes currently in circulation, with the 2004-2005 series gradually replacing the 1998-2001 series. Pre-1997 notes are no longer legal tender but can be exchanged in Bank Indonesia offices. As the smallest current note is worth approximately US$0.10, even small transactions such as bus fares are typically conducted with notes, and the 1,000 rupiah note is far more common than the 1,000 rupiah coin.

There are presently two series of coinage in circulation: metal alloy coins from 1995-1997 and lightweight aluminum coins from 2002-2005. Much of the country still suffers from a chronic shortage of small change and it is not unusual to receive candy as change in lieu of coins.

Denominations

• Coins
  • 25 rupiah (metal alloy and aluminum)
  • 50 rupiah (metal alloy and aluminum)
  • 100 rupiah (metal alloy and aluminum)
  • 200 rupiah (metal alloy and aluminum, rare)
  • 500 rupiah (metal alloy and aluminum)
  • 1,000 rupiah (gold-silver bimetallic, rare)

• Banknotes
  • 1,000 rupiah (green-red)
  • 5,000 rupiah (green-brown)
  • 10,000 rupiah (purple)
  • 20,000 rupiah (green)
  • 50,000 rupiah (blue)
  • 100,000 rupiah (red)

A denomination is a unit of currency. ... 1¢ euro coin A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ... A £20 Ulster Bank banknote. ...

External links

• Daily Rupiah exchange rates from other currencies (Bank Indonesia rates)
• Latest Rupiah exchange rates from USD, EUR, GBP, and other currencies (from Yahoo! Finance)
• Polymer Notes - Indonesia
• Bank Indonesia (BI, Central Bank of Republic of Indonesia)
• Indonesian Government Security Printing and Minting Corp. (PERURI)
• Identifying the authenticity of Rupiah banknotes and coins (Bank Indonesia)
• Information on Rupiah (expat.or.id)
• Images of banknotes Rupiah (Banknotes.com)
• Images of banknotes Guilder (Banknotes.com)