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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.
1 January – M 4.5 earthquake occurs 23 km (14 mi) north northeast of Lembang, West Java.Four hundred houses are damaged in Sumedang. [1] [2]5 January – Four people are killed and 37 injured in a train head-on collision between Turangga Train operated by Kereta Api Indonesia (KAI) and Commuter Line Bandung Raya operated by KAI Commuter near Cicalengka, West Java.
As a result of the successful re-establishment of coinage in Indonesia, notes below 100 rupiah were withdrawn in Indonesia permanently from 1 September 1975 (at which point the exchange rate was fixed at 415 rupiah to the dollar, hence the largest denomination banknote to be withdrawn, the 50 rupiah note, was worth around US$0.10).
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 Indonesian one hundred rupiah coin (Rp100) is a denomination of the Indonesian rupiah.First introduced in 1973 in cupronickel, it has been revised four times throughout its history, changing materials in 1991 (to aluminum-bronze) and 1999 (to aluminum).
In 2019, as Indonesia's share of global trade exceeded 0.5 percent, the United States Trade Representatives decided not to classify Indonesia as a "developing country." [ 136 ] Despite a revocation of this status, the Indonesian government has assured that this would not change the current Generalized System of Preferences facilities that ...
The history of Indonesia has been shaped by its geographic position, natural resources, a series of human migrations and contacts, wars and conquests, as well as by trade, economics and politics. Indonesia is an archipelagic country of 17,000 to 18,000 islands stretching along the equator in Southeast Asia and Oceania .
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