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Time zone name Original name UTC offset WIB offset Provinces covered Western Indonesia Time: Waktu Indonesia Barat: UTC+07:00: WIB+/-0h: Aceh, Bengkulu, Jambi, Lampung, North Sumatra, Riau, South Sumatra, West Sumatra, Riau Islands, Bangka Belitung Islands, Banten, Jakarta, West Java, Central Java, Special Region of Yogyakarta, East Java, West Kalimantan, and Central Kalimantan
The rupiah fell from Rp4,085 to Rp5,650 per dollar in the space of a single week. By the middle of the month, 154 banks, comprising half of the banking system, had suffered bank runs. By Christmas Eve, the rupiah stood at 5,915 per dollar, a fall of 60% since July. The New Year had the rupiah begin at Rp5,447 per dollar.
In 1993, a polymer Rp50,000 rupiah note, worth approximately US$24.15 at the time of its release on 18 February (assuming that the exchange rate was Rp2,070 per 1 US dollar at that time period), was issued to celebrate "25 Years of Development" under the New Order; it was the first in Indonesia.
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 ...
A time standard is a specification for measuring time: either the rate at which time passes or points in time or both. In modern times, several time specifications have been officially recognized as standards, where formerly they were matters of custom and practice.
In the absence of an international mechanism tying the dollar to gold via fixed exchange rates, the dollar became a pure fiat currency and as such fell to its free market exchange price versus gold. Consequently, the price of gold rose from $35/ounce (1.125 $/g) in 1969 to almost $500 (29 $/g) in 1980.
The Currency Ordinance No. 44 of 1952 of the Crown Colony of Singapore, No. 33 of 1951 of the Federation of Malaya, No. 10 of 1951 of North Borneo and No. 1 of 1951 of Sarawak implemented an agreement between those governments and the State of Brunei for the establishment of a Board of Commissioners of Currency to be the sole issuing authority in British Malaya and British Borneo.
Dan Peña. 3 languages. ... Peña refers to himself as the "trillion-dollar man." [13] He works as a motivational speaker and is known for his brash persona. [5]