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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 transformation from DJB to Bank Indonesia (BI) occurred after the Emergency Act of 1951 was renewed as the Currency Act of 1953, and the 1951-issue 1 and 2½ rupiah government notes were reissued with the signature of the new Minister of Finance dated 1953.
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
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 Indonesian two thousand rupiah banknote (Rp2,000) is a denomination of the Indonesian rupiah. First introduced on July 9, 2009, [ 1] it was made legal tender the following day and has since been modified two times, first in 2016 and then in 2022. All notes of this denomination are printed in cotton paper since its introduction.
"Direksi 2000" brought a new 1,000 rupiah note, with the 100 and 500 rupiah notes having been discontinued due to the dramatic devaluation of Indonesia's currency. "Direksi 2001" redesigned the 5,000 rupiah, while "Direksi 2004" brought an end to the polymer 100,000 rupiah notes, replacing with a paper design, as well the issue of a new more ...
East Timor centavo coins were introduced in East Timor in 2003 for use alongside United States dollar banknotes and coins, which were introduced in 2000 to replace the Indonesian rupiah following the commencement of U.N. administration. One centavo is equal to one U.S. cent. Coins issued for general circulation are in denominations of 1, 5, 10 ...
Currency Symbol ISO 4217 code Minor unit Rupees per U.S. dollar (As of 15 May 2023) [21] Established Preceding currency India Indian rupee ₹ INR Paisa = 1 ⁄ 100 rupee 82.23556 1540 no modern predecessor Indonesia Indonesian rupiah: Rp IDR Sen = 1 ⁄ 100 rupiah 14,803.215 1949 Netherlands Indies gulden Maldives Maldivian rufiyaa: Rf, MRf ...