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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 first banknotes used in the archipelago that would become Indonesia were those issued by the United East India Company, credit letters of the rijksdaalder dating between 1783 and 1811. Netherlands Indies gulden government credit paper followed in 1815, and from 1827 to 1842 [1] and again from 1866 to 1948 [2] gulden notes of De Javasche ...
2003 saw the introduction of the aluminium 200 rupiah coin depicting the Bali starling (jalak bali) as a new denomination in the same style as the 50 and 100 rupiah coins; these coins were dated "2003." Meanwhile, the jasmine 500 rupiah coin was again redesigned, with its metal changed to aluminium, its size enlarged, and its date changed to ...
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 ...
Bali (English: / ˈ b ɑː l i /; ᬩᬮᬶ) is a province of Indonesia and the westernmost of the Lesser Sunda Islands.East of Java and west of Lombok, the province includes the island of Bali and a few smaller offshore islands, notably Nusa Penida, Nusa Lembongan, and Nusa Ceningan to the southeast.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [14] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
During his visit to Java and Bali in 1927, Rabindranath Tagore, an Indian poet, was so enamored to Bali and said "Wherever I go on the island, I see God". Then 23 years later in 1950, Pandit Jawaharlal Nehru hailed Bali as the "Morning of the World". [15] India and Indonesia officially signed a treaty of friendship on 3 March 1951. [16]
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