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Bank Indonesia introduced a new family of banknotes on 18 August 2022. Officially they were retroactively issued as legal tender on 17 August 2022 to commemorate the 77th Independence Day of Indonesia. Similar to the 2016 series, the Indonesian dances and national heroes are still featured on the notes, with some notable changes. [20] [21]
For new coinage, the old style of a large number was replaced instead with the national Garuda Pancasila logo, with the year and "BANK INDONESIA" in smaller text below the emblem. A 25 rupiah coin dated 1991 in aluminium, with images of nutmeg and its Indonesian text 'buah pala' and "Rp 25" on the reverse, was the smallest coin to be revised.
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 Bank Indonesia-printed handicrafts series replaced the TDLR notes in 1961 and 1962, with denominations from Rp5 to Rp1,000 being issued. The first Rp10,000 banknote was introduced in 1964. A further response to inflation came with the issue of a 1958-dated Rp5,000 (brown) note in October 1963.
Bank Indonesia Museum (Indonesian: Museum Bank Indonesia, occasionally called Museum BI), also called in English officially as BI Museum, [1] is a bank museum located in Jakarta, Indonesia. It was founded by Bank Indonesia and opened on 21 July 2009. The museum is housed in a heritage building in Jakarta Old Town that had been the first ...
The country's independence recognized by the Netherlands, the dissolution of the United States of Indonesia in 1950, the subsequent liberal democracy period, the nationalization of De Javasche Bank into the modern Bank Indonesia, [47] and the takeover of Dutch corporate assets following the West New Guinea dispute, [48] which all resulted in ...
Let's say you invest $10,000 into an account that pays 3% in simple interest. After three years, you’d have earned $900 in interest — $300 each year — for a total of $10,900 in your account.
Bank Indonesia was founded on 1 July 1953 from the nationalisation of De Javasche Bank, three years after the recognition of Indonesia's independence by Netherlands. [4] For the next 15 years, Bank Indonesia carried on commercial activities as well as acting as the nation's national bank and is in charge in issuing Indonesian rupiah currency ...