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The rupiah fell from Rp4,085 to Rp5,650 per dollar in the space of a single week. By the middle of the month, 154 banks, comprising half of the banking system, had suffered bank runs. By Christmas Eve, the rupiah stood at 5,915 per dollar, a fall of 60% since July. The New Year had the rupiah begin at Rp5,447 per dollar.
The first 'Indonesian rupiah' bank notes bore the date of the rupiah's proclamation, 17 October 1945, under the authority of the newly-formed republic, and were put in circulation in Java starting from 10 October 1946. The notes were in denominations of 1 cents, 5 cents, 10 cents, 50 cents, Rp1, Rp5, Rp10, and Rp100. [3]
By 1968 the Suharto New Order had been established, and Bank Indonesia, as of 1968 was given sole right to issue banknotes (including notes below 5 rupiah) as well as coins (which had previously been the issue of the central government), which it did in a range from 1 to 1000 rupiah. [10] In 1970, Indonesia added 5000 and 10,000 rupiah ...
The final mintages of these coins were: 136 million (1 rupiah), 139 million (2 rupiah), 448 million (5 rupiah), 286 million (10 rupiah), 1.22 billion (25 rupiah) and 1 billion (50 rupiah). The 10 rupiah coin was issued as part of the UN Food and Agriculture Organization coins and medals program, an international issue by ultimately 114 ...
Indonesian (Bahasa Indonesia; [baˈhasa indoˈnesija]) is the official and national language of Indonesia. [9] It is a standardized variety of Malay, [10] an Austronesian language that has been used as a lingua franca in the multilingual Indonesian archipelago for centuries.
Hari Oeang, Hari Keuangan Republik Indonesia: The printing of the first Oeang Republik Indonesia, the first 'Indonesian rupiah' bank note, in 1946. [46] 8 November: National Spatial Planning Day: Hari Tata Ruang Nasional: 2013 [47] [48] 10 November: Heroes' Day: Hari Pahlawan: Commemoration of the 1945 Battle of Surabaya: 12 November: Father's ...
The fifty rupiah coin (Rp50) is a denomination of the Indonesian rupiah. It was first introduced in 1971 and last minted in 2003. It was first introduced in 1971 and last minted in 2003. As of 2020, only aluminum Rp50 coins dating from 1999 through 2003 remain legal tender, although it is rarely seen in circulation due to its extremely low value.
Indonesia is the world's largest producer of palm oil. [173] Indonesia has a mixed economy in which the private sector and government play vital roles. [174] As the only G20 member state in Southeast Asia, [175] the country has the largest economy in the region and is classified as a newly industrialised country.