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Historically, currencies of Indonesia have been influenced by the spread of Indian and Chinese cultures. During colonial times, the currency used in what is now Indonesia was the Netherlands Indies gulden. [31] The country was invaded in 1942 by Japan, which began printing its own version of the gulden, which remained in use until March 1946.
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 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 ...
Bank Indonesia initiated Garuda Project, a project to develop Indonesian central bank digital currency on 30 November 2022. [45] Bank Indonesia issued the white paper on digital Rupiah development. [46] By passage of the Law on Financial Sector Development and Strengthening, digital Rupiah is legalized as form of Rupiah. [47]
Bank Indonesia was founded on 1 July 1953 from the nationalisation of De Javasche Bank, three years after the recognition of Indonesia's independence by Netherlands. [4] For the next 15 years, Bank Indonesia carried on commercial activities as well as acting as the nation's national bank and is in charge in issuing Indonesian rupiah currency ...
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
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 ...