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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 'Indonesian rupiah' bank notes bore the date of the rupiah's proclamation, 17 October 1945, under the authority of the newly-formed republic, and were put in circulation in Java starting from 10 October 1946. The notes were in denominations of 1 cents, 5 cents, 10 cents, 50 cents, Rp1, Rp5, Rp10, and Rp100. [3]
The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in ...
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. [2]
Matt Short and Aaron Hardie will play at their first ICC tournament after being named Monday in Australia's 15-man squad for the Champions Trophy which begins next month in Pakistan and the UAE.
New Jersey's historic Crocker Mansion in Mahwah was officially put back on the market this month after it was seized from a billionaire fraudster in 2023.
1 1/2 liters of whole milk. 1/2 liter heavy cream. 1 teaspoon salt. 1/2 teaspoon freshly grated nutmeg. In a large mixing bowl, add the egg yolk and beat them until they are light. Beat the eggs ...