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In a fixed exchange rate system, the central bank maintains an officially announced exchange rate by standing ready to buy or sell foreign currency at that rate. In general terms, revaluation of a currency is a calculated adjustment to a country's official exchange rate relative to a chosen baseline.
In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age.
Notes featuring the new name of the nationalised De Javasche Bank, Bank Indonesia, were prepared dated 1952, in denominations of Rp5, Rp10, Rp25, Rp50, Rp100, Rp500, and Rp1,000, signed by Indra Kasoema as Director, and Sjafruddin Prawiranegara as Governor. The notes began circulating from July 1953 to November 1954 depending on denomination.