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About the currency
Coins and notes
The rupiah consists of coins in Rp 50, Rp 100, Rp 200, Rp 500 and Rp 1,000 denominations, and banknotes in Rp 1,000, Rp 2,000, Rp 5,000, Rp 10,000, Rp 20,000, Rp 50,000 and Rp 100,000. Because of the big numbers, Indonesian banknotes are used more than the coins.
Facts about the currency
- Indonesian currency is going through a transitional phase at the moment. In 2014, the Indonesian Central Bank announced that the existing rupiah would be phased out as it was redenominated, and a new rupiah will be phased in by the end of 2018. Until then, both currencies will be accepted throughout Indonesia.
- The word "rupiah" comes from the Sanskrit word for wrought silver: "rupya". The name was first used to denote a coin introduced by a 16th Century ruler in Northern India.
- The red 100,000 note features Indonesia's first Vice President, Mohammed Hatta, and first President, Sukarno. The Indonesian Parliament building in Jakarta is on the reverse side.
- The rupiah was first introduced to Indonesia after they declared independence in 1945.
- Abaca wood fibres are the preferred materials for printing banknotes on, but long fibres from any kind of wood can be used.
- The rupiah has been heavily devalued over the years and you may find yourself carrying large amounts of money around.
Check out the rates chart to see an overview of the Indonesian rupiah exchange rate. If you’re trying to keep track of how much spending money you’ll need, you may also find it helpful to sign up for currency alerts. That way you’ll know exactly how much Bintang you can afford without blowing your budget.