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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 first 'Indonesian rupiah' bank notes bore the date of the proclamation on new Indonesian money, 17 October 1945, under the authority of the "Republik Indonesia", and were apparently intended for issue on 1 February 1946, but due to the capture of most of the notes, only a tiny number escaped at this time.
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 ...
17 December 1954 [10] Bangkok Bank [11] Bank QNB Indonesia: 28 April 1913 [12] Qatar National Bank: Bank Resona Perdania: 1 February 1958 Resona Bank: Royal Bank of Scotland Indonesia: 12 November 1992 Royal Bank of Scotland: Bank SBI Indonesia: 24 October 1970 [12] State Bank of India: Bank Sinarmas: 18 August 1989 Sinar Mas Group: Bank UOB ...
It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres (735,358 square miles). With over 280 million people, Indonesia is the world's fourth-most-populous country and the ...
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.
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 ...
Banknotes with the denomination of 10 dollars have been issued by a number of countries; see the following articles: United States ten-dollar bill. Australian ten-dollar note. Canadian ten-dollar note. New Zealand ten-dollar note. Banknotes of the Hong Kong dollar.