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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.
Coins of the Indonesian rupiah. 100-, 200-, 500-, and 1000-rupiah coins from 1999, 2003, and 2010 series. The first coins of the Indonesian rupiah were issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed, following the peace treaty with the Netherlands in November 1949.
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 ...
The Indonesian five hundred rupiah coin (Rp500) is a denomination of the Indonesian rupiah. It was introduced in 1991 and has since been revised three times in 1997, 2003, and 2016. It currently has the second-highest value of all circulating rupiah coins after the Rp1,000 coin. As of December 2023, only alumunium 500 rupiah coins, dated 2003 ...
Indonesian 1,000-rupiah coin. The Indonesian one thousand rupiah coin ( Rp1,000) is a coin of the Indonesian rupiah. It circulates alongside the 1,000-rupiah banknote. First introduced on 8 March 1993 as bimetallic coins, they are now minted as unimetallic coins, with the first of its kind appearing in 2010 and its latest revision being in 2016.
MANILA (Reuters) -The Philippines did not consider invoking a mutual defence treaty with the United States after accusing China of disrupting a resupply mission in the disputed South China Sea ...
The Rp200 coin was first introduced on November 3, 2003. It weighs 2.38 g (0.084 oz), is 2.3 mm (0.091 in) wide, and has a 25 mm (0.98 in) diameter. Its obverse features the national emblem Garuda Pancasila and the lettering "2003" and "BANK INDONESIA," while its reverse features an image of the Bali mynah ( Leucopsar rothschildi) as well as ...
With a market cap of just $1.4 billion, it is a clear underdog to a trillion-dollar juggernaut like Alphabet. Yet it is holding its own. In the first quarter, revenue grew by 73% year over year ...