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The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). [4] Sometimes, Indonesians also informally use the word perak (' silver ' in Indonesian) in referring to rupiah in coins.
The Kamus Besar Bahasa Indonesia (KBBI ; lit. ' Great Dictionary of the Indonesian Language ' ) is the official dictionary of the Indonesian language compiled by Language Development and Fostering Agency and published by Balai Pustaka .
Indonesian rupiah: East Timor Rupee ( UK : / ˌ r uː ˈ p iː / , US : / ˈ r uː p iː / ) [ 1 ] [ 2 ] is the common name for the currencies of India , Mauritius , Nepal , Pakistan , Seychelles , and Sri Lanka , and of former currencies of Afghanistan , Bahrain , Kuwait , Oman , the United Arab Emirates (as the Gulf rupee ), British East ...
In Brunei, where Malay is also an official language, the language is known as Bahasa Melayu and in English as "Malay". [17] In Indonesia, however, there is a clear distinction between "Malay language" (bahasa Melayu) and "Indonesian" (bahasa Indonesia).
To do this, "rupiah baru" ('new rupiah') notes were printed. This revaluation did not take place in Java, but some were issued in Aceh instead. The denominations printed were Rp0.10 sen (blue or red), Rp 1 ⁄ 2 (green or red), Rp1 (purple or green), Rp10 (black or brown), Rp25, and Rp100.
The Indonesian twenty five rupiah coin (Rp25) is a now-defunct denomination of the Indonesian rupiah. It was introduced in 1971 and was last revised in 1991. Coins of this denomination were minted until 1996 and have been invalid for transactions since August 31, 2010 when the 1991-issue Rp25 coin ceased to be legal tender.
Indonesian rupiah (as sen; last coin minted was 50 cents in 1961, last cents printed as banknotes in 1964 which were demonetized in 1996 save for the 1 cent) Jamaican dollar, but there are no circulating coins with a value below one dollar. Kenyan shilling; Lesotho loti (as sente) Liberian dollar; Lithuanian litas (as centas)
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 ...