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The first truly Indonesian rupiah notes, however, were issued in 1946, during the war of independence with the Dutch, following the unilateral proclamation of independence by the Indonesians at the end of World War II on 17 August 1945. This money is known as Oeang Republik Indonesia (ORI; oeang being the old spelling of uang ("money")).
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.
A brief issue of notes was issued by the "Republic Indonesia Serikat", from June 1950, consisting of 5 and 10 rupiah notes, but with the merger of the separate states into the Republic of Indonesia in March and April 1950, with the formal declaration of the unitary Republic of Indonesia confirmed on 17 August 1950, this money was short-lived.
The Republican government followed suit on 30 October 1946, replacing the occupation currency with Oeang Repoeblik Indonesia (ORI) at an official rate of 50 Japanese roepiah for 1 ORI. [ 15 ] [ 16 ] However, owing to the ongoing Indonesian National Revolution and the resulting chaotic monetary landscape, Japanese-issued bills remained in use ...
The Indonesian two thousand rupiah banknote (Rp2,000) is a denomination of the Indonesian rupiah. First introduced on July 9, 2009, [1] it was made legal tender the following day and has since been modified two times, first in 2016 and then in 2022. All notes of this denomination are printed in cotton paper since its introduction. [2]
Toggle Free floating subsection. 11.1 Inflation-targeting framework. 11.2 Other. 12 See also. ... Download as PDF; Printable version; In other projects Wikidata item ...
As Minister of Finance, Maramis was instrumental in the development and printing of the first Indonesian currency notes or Oeang Republik Indonesia (ORI). It took a year before the notes were formally issued on 30 October 1946 to replace Japanese notes and notes circulated by the Netherlands Indies Civil Administration (NICA).
The 500 rupiah coin was updated '1997' with a smaller jasmine leaf above a large central '500' with smaller lower 'rupiah', and the same aluminium-bronze material. The coin was minted dated 1997, 2000, 2001, 2002 and 2003. The next coin design, was '1999' 50 rupiah coin, which was struck in aluminium showing the black-naped oriole. As with the ...