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The rupiah, which had strengthened to around Rp8,000, depreciated in the wake of the Jakarta riots of May 1998, and in particular the run on the Bank Central Asia, Indonesia's largest private bank, that ensued, causing the bank to be taken over by IBRA on 29 May. The SBI rate was increased to 70% in the wake of massive inflation.
Alongside the two circulating variants, the Bank of Indonesia also minted a non-circulating silver coin of this value in 1970. [6] It weighs 8 g (0.28 oz) and has a diameter of 26 mm (1.0 in). Its obverse features the national emblem Garuda Pancasila, the lettering "1945-1970," "1970," and "200 RUPIAH," and the Bank's logo.
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.
On 19 December 2016, Bank Indonesia launched the all new design of rupiah banknotes and coins. They started to place the text Negara Kesatuan Republik Indonesia on their banknotes, rather than Bank Indonesia on the previous design. This practice was started earlier on the 2014 100,000 banknote based on the 2004 design.
Such move meant the issue of an entirely new set of banknotes by the Presidential Decree of 13 December 1965 which authorised Bank Indonesia to issue fractional notes for the first time (although the Rp1 and Rp2½ notes were still issued by the government itself) in denominations of 1, 5, 10, 25, and 50 cents depicting volunteers (sukarelawan ...
Furthermore, the "BANK INDONESIA" lettering, once etched to its edge, was removed; with the edge itself being made reeded. 907,773,000 of these coins were minted in total. [5] These coins were taken out of circulation on June 25, 2002, the same date as the 1973 coins, and were redeemable in commercial banks until June 24, 2007, and in Bank ...
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
The obverse featured the national emblem Garuda Pancasila, the lettering "BANK INDONESIA," and the mint year, while the reverse depicted an image of the jasmine flower (Jasminum), the lettering "Bunga Melati" and the denomination ("Rp500"). 71 million of these coins were minted in 1991, while 100 million of them were minted in 1992; not much is ...