Rupiah
| Indonesian rupiah | |
|---|---|
| Rupiah Indonesia | |
Indonesian rupiah banknotes denominations (current circulating banknotes)
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| ISO 4217 | |
| Code | IDR |
| Denominations | |
| Subunit | |
| 1/100 | sen (obsolete)2 |
| Symbol | Rp |
| Banknotes | |
| Freq. used | Rp 1000, Rp 2000, Rp 5000, Rp 10,000, Rp 20,000, Rp 50,000, Rp 100,000 |
| Coins | |
| Freq. used | Rp 100, Rp 200, Rp 500, Rp 1000 |
| Demographics | |
| Official user(s) |
 Indonesia
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| Unofficial user(s) |
 East Timorde facto1
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| Issuance | |
| Central bank | Bank Indonesia |
| Website | www |
| Printer | Perum Peruri |
| Website | www |
| Mint | Perum Peruri |
| Website | www |
| Valuation | |
| Inflation | 4.61%, October 2012 |
| Source | Bank Indonesia |
| Method | CPI |
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1) Although East Timor officially declared US dollar notes and centavo coins as its currency, a significant number of merchants and markets throughout the country accept Indonesian rupiah for payment along with Australian dollars.
2) The sub-unit, sen, is no longer in use, although prices and amounts of money are written as Rp X.XXX,00 (note that the decimal separator in Indonesia is the comma) or more popularly Rp X.XXX,-. Most price tags denote prices as RpX.XXX only (note that as the 100-rupiah coin is the smallest coin in use, rounding will often take place in supermarkets where are items are not necessarily priced in multiples of 100 rupiah). However, sen still exist in financial reports and bank statements. |
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The rupiah (Rp) is the official currency of Indonesia. Issued and controlled by the Bank of Indonesia, the ISO 4217 currency code for the Indonesian rupiah is IDR. The name "rupiah" is derived from the Hindustani word rupiyaa (रुपया), ultimately from Sanskrit rupya (रूप्य; wrought silver). Informally, Indonesians also use the word "perak" ('silver' in Indonesian) in referring to rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete.
The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971 respectively (see Riau rupiah and West Irian rupiah).
The current rupiah consists of coins from 100 rupiah up to 1000 rupiah (1 rupiah are officially legal tender but are effectively worthless and are not circulated) and banknotes of 1000 rupiah up to 100,000 rupiah. With US$1 worth 12,972.49 rupiah (October, 2016), the largest Indonesian banknote is therefore worth approximately US$7.71.
There are presently two series of coins in circulation: aluminium, bronze and nickel coins dated between 1991 and 2010. These come in denominations of 50, 100, 200, 500, and 1000 rupiah. The older series of coins has been gradually disappearing. Due to the low value and general shortage of small denomination coins (below 100 rupiah), it is common to have amounts rounded up (or down) or to receive sweets in lieu of the last few rupiah of change in supermarkets and stores.
Currently circulating Indonesian banknotes date from 2000 (1,000 rupiah), 2001 (5,000 rupiah), 2004 (20,000 and 100,000 rupiah), 2005 (10,000 and 50,000 rupiah), 2009 (the new denomination of 2,000 rupiah), 2010 (revised version of the 10,000 rupiah), and 2011 (revised versions of the 20,000, 50,000 and 100,000 rupiah). The 1998–1999 notes have not 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 Suharto regime, but could be exchanged in Bank Indonesia offices until 20 August 2010.
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