Indonesian rupiah

Rare card · No. 53365

The rupiah (pronounced [ruˈpi.ah]; symbol: Rp; currency code: IDR) is the official currency and sole legal tender in Indonesia. It is issued and managed by Bank Indonesia, while its banknotes and coins are produced by the state-owned Perum Peruri. The name derives from the Sanskrit rupya, meaning "wrought silver". One rupiah is legally divided into 100 sen, although regular currency is issued only in whole-rupiah denominations. The republican government introduced Oeang Republik Indonesia (ORI) in October 1946 during the Indonesian National Revolution, while Japanese and Dutch-issued currencies were still in circulation. Temporary regional currencies were also issued during the revolution. Separate rupiahs were later used in the Riau Islands and West Irian, before being replaced by the national currency in 1964 and 1971, respectively. The government redenominated the rupiah in 1965 at a rate of 1,000 old rupiah to one new rupiah, and Bank Indonesia became the sole issuer of banknotes and...

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