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A Balinese statuette of a woman made from Chinese cash coins. According to a popular legend Chinese cash coins (Balinese: Pis Bolong) were introduced to Bali around the year 12 AD when the ancient Balinese King Sri Maharaja Aji Jayapangus married the Han dynasty princess Kang Cin Wei and the princess asked the King if Chinese cash coins could become a part of all rituals in Bali, which at the ...
Undeposited money after October was declared worthless. One rupiah of the new money was said to be worth 0.5 grams of gold, a similar rate to the pre-war Dutch currency (which contained 3 grams of fine gold in the 5 gulden and 6 in the 10 gulden coin), although this was not backed by metal reserves, merely a proclamation of purchasing power.
"FOR THE CHILDREN OF THE WORLD" "Rp 10000" Boy and Girl Scout planting one of a million trees: 25,000: Similar coins issued in other countries: 0.841 N/A Gold: Rp 150,000: 22 mm: 0.9999: 6.22g "FOR THE CHILDREN OF THE WORLD" "Rp 150000" Boy on kuda lumping (Javanese bamboo horse for dancing) 10,000: 0.1998 2001: 100 years since birth of 'Bung ...
The rupiah immediately fell 7%, with foreign money quickly leaving the country. The investor confidence in Indonesia was shaken, and due to previous deregulations, much of the Indonesian stock market was owned by foreign investors. Local confidence in the currency was also undermined as the population followed suit, selling rupiah for dollars.
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This money is known as Oeang Republik Indonesia (ORI; oeang being the old spelling of uang ("money")). Following the negotiated peace treaty in The Hague of 1949, the ORI was withdrawn, and replaced by an internationally recognised Indonesian rupiah.
The Balinese people (Indonesian: Suku Bali; Balinese: ᬳᬦᬓ᭄ᬩᬮᬶ, romanized: Ânak Bali) are an Austronesian ethnic group native to the Indonesian island of Bali. The Balinese population of 4.2 million (1.7% of Indonesia's population) live mostly on the island of Bali, making up 89% of the island's population. [6]