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Indonesian 1,000-rupiah coin. The Indonesian one thousand rupiah coin ( Rp1,000) is a coin of the Indonesian rupiah. It circulates alongside the 1,000-rupiah banknote. First introduced on 8 March 1993 as bimetallic coins, they are now minted as unimetallic coins, with the first of its kind appearing in 2010 and its latest revision being in 2016.
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 Indonesian rupiah was first issued by proclamation of 3 October 1946. In the year or so prior, the Japanese money had been a vital conduit of Republican goods to the Dutch enclaves, but the decree brought this to an end: all Japanese money was to be deposited with Republic banks by 30 October 1946.
Old Chinese Currency used in 1920–23. This currency was also used in Hunza state.. The use of shell money is attested to in the Chinese writing system.The traditional characters for 'goods' (貨), 'buy/sell' (買/賣), and 'monger' (販), in addition to various other words relating to 'exchange', all contain the radical 貝, which is the pictograph for shell (simplified to 贝).
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 history of Philippine money covers currency in use before the Hispanic era with gold Piloncitos and other commodities in circulation, as well as the adoption of the peso during the Hispanic era and afterwards. The Philippine peso is ultimately derived from the Spanish peso or pieces of eight brought over in large quantities by the Manila ...
Indonesia nominal GDP reached 20.892 quadrillion rupiah ($1.371 trillion) in 2023, it is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. [ 37]
The Philippine peso has since traded versus the U.S. dollar in a range of ₱24–46 from 1993 to 1999, ₱40–56 from 2000 to 2009, and ₱40–54 from 2010 to 2019. The previous 1903–1934 definition of a peso as 12.9 grains of 0.9 gold (or 0.0241875 XAU) is now worth ₱2,266.03 based on gold prices as of November 2021.