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Coins of the Indonesian rupiah. 100-, 200-, 500-, and 1000-rupiah coins from 1999, 2003, and 2010 series. The first coins of the Indonesian rupiah were issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed, following the peace treaty with the Netherlands in November 1949.
The rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [ 4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins.
The Rp10,000, Rp20,000 and Rp50,000 notes were replaced in 1998 and 1999. A new polymer Rp100,000 note (by then only worth about US$10) was also added, imported from Australia. These notes, which were no longer printed following the introduction of new designs in 2004–2005, are no longer legal tender since 31 December 2008, although they ...
The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in ...
The Indonesian one hundred rupiah coin (Rp100) is a denomination of the Indonesian rupiah. First introduced in 1973 in cupronickel, it has been revised four times throughout its history, changing materials in 1991 (to aluminum-bronze) and 1999 (to aluminum). As of 2022, it is the second-lowest valued coin of the rupiah after the now-rarely ...
University of Illinois, Urbana-Champaign ( MSc, PhD) Signature. Sri Mulyani Indrawati (born 26 August 1962) is an Indonesian economist who has been Minister of Finance of Indonesia since 2016; previously she served in the same post from 2005 to 2010. In June 2010 she was appointed as managing director of the World Bank Group and resigned as ...
Joko Widodo ( Indonesian: [dʒɔkɔ widɔdɔ]; born 21 June 1961), popularly known as Jokowi, is an Indonesian politician and businessman who is the seventh president of Indonesia. Previously a member of the Indonesian Democratic Party of Struggle (PDI-P), he was the country's first president to not emerge from the country's political or ...
There were 470,000,000 notes issued in this period. This was changed to Australia until the end of issue of paper currency for this denomination in 1993, with 1,265,959,091 of these notes being printed. In the 1988 polymer issue, 17,500,000 banknotes were printed and was the new Australia 10-dollar note.