Rupiahs

Indonesian rupiah
Rupiah
Indonesian rupiah new banknote series released in December 2016
ISO 4217
Code	IDR
Denominations
Subunit
1/100	sen (obsolete)a
Symbol	Rp
Banknotes
Freq. used	Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, Rp100,000
Rarely used	Rp1000
Coins
Freq. used	Rp100, Rp200, Rp500, Rp1,000
Demographics
User(s)	Indonesia
Issuance
Central bank	Bank Indonesia
Website	www.bi.go.id
Printer	Perum Peruri
Website	www.peruri.co.id
Mint	Perum Peruri
Website	www.peruri.co.id
Valuation
Inflation	3.30 %
Source	Bank Indonesia
Method	CPI
a) The sub-unit sen is no longer in practical use. However, financial reports and bank statements do record monetary amount in sen (e.g. Rp1.234,56 - Indonesian uses comma as decimal separator).

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 Indian word rupiya (रुपीया), ultimately from Sanskrit rupyakam (रूप्यकम्; 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 13,400 rupiah (January 2018), the largest Indonesian banknote is therefore worth approximately US$7.45.

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.. A new series of coins featuring Indonesia's national heroes were issued in 2016 in denominations of 100-, 200-, 500 and 1000 rupiah.

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.