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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 coin-like products found in Indonesia date from the 9th century Buddhist Sailendran dynasty and were produced in Indonesia until the 12th century: gold and silver massa (emas is the modern Indonesian word for "gold"), tahil and kupang, often described with the letter ma for massa or the image of sandalwood flower.
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.
The local name of the currency is used in this list, with the adjectival form of the country or region. ... International dollar – hypothetical currency pegged 1:1 ...
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.
Notes featuring the new name of the nationalised De Javasche Bank, Bank Indonesia, were prepared dated 1952, in denominations of Rp5, Rp10, Rp25, Rp50, Rp100, Rp500, and Rp1,000, signed by Indra Kasoema as Director, and Sjafruddin Prawiranegara as Governor. The notes began circulating from July 1953 to November 1954 depending on denomination.
The Kupang gave its name to an Indonesian city in southwest of Timor. The coin was made of gold, circulated in Aceh , Sulawesi and Malayan states in some forms, for centuries. In 1963 Indonesia Issued a coin of 2 1/2 rupiah depicting Sukarno in two forms, one of the coins was intended for West Irian , the other was intended for entire Indonesia ...
Amid the turmoil, Indonesia issued its first rupiah banknotes in 1945. Between 1945 and 1949, Indonesia was embroiled in a war of independence against Dutch re-colonisation efforts. The economic conditions were plunged into chaos, especially in Java and Sumatra, as people struggled to survive the war.