Rupiah Banknote of Indonesia

By : NGDlover 

The name of Rupiah is refer to the official currency in Indonesia. Issued and controlled by the Indonesian Central Bank (BI), and have a currency code IDR. Informally, Indonesians also use the word "perak" which mean Silver, this is a slank name for Rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete.

The current rupiah consists of Coins and Banknote, which is divided into 25 rupiah up to 1,000 rupiah for Coins and 1,000 rupiah up to 100,000 rupiah for Banknote.


Currently, There are two series of coins in circulation : first is aluminium bronze and bi-metallic coins from 1991-1998 and secondly light-weight aluminium coins from 1999 onwards. Nowadays, this coins is avail shortage, so no wonder if you given by the shopkeeper sweets for exchange.

For Banknotes,  two current issues of Indonesian banknotes the 2000-2001 notes of 1000 and 5000 rupiah, and the the 2004, 2005 notes of higher denominations (10000, 20000, 50000 and 100000 rupiah), with better anti-forgery devices. The 1998-1999 notes have no longer been legal tender since 31 January 2008 (but will be exchangeable until 31 January 2018 at Bank Indonesia). Earlier notes are also no longer legal tender, due to the lack of security features and association with the regime of Suharto, but can be exchanged in Bank Indonesia offices until 2010.


2000 Rupiah banknote is issued by BI on this year, this note would become the smallest note for the sake of 1000 Rupiah note. And 1000 Rupiah note will entirely changed by 1000 Rupiah coin. But in fact, the 1000 Rupiah note is still on circulation.


The rupiah declined from its relatively strengthened position at the end of the financial crisis, with the rupiah seeing in the century at 7,050 to the US$, but declining to 9,725 by the end of 2000, and reaching a low of 12,069 on 27 April 2001. The currency strengthened to 8,500 later in 2001, but ended 2001 at 10,505. March 2002 saw the currency break below 10,000, from which point the currency maintained a rate in the 8000s and 9000s until August 2005, and in the latter half of that year, the trading range extended towards 11,000, but ending the year just below 10,000. 2006 and 2007 saw the currency trade in a relatively narrow range against the US$ (which itself was depreciating against other currencies), of 8500-9900. This trend continued into 2008, with the currency trading between 9000 and 9500.

Within Indonesia, the preferred currency for exchange is the United States dollar. Other currencies are typically subject to a wide exchange spread. As of August 2009^[update], one United States dollar is worth approximately 9,900 Indonesian rupiah

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