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History of the Indonesian rupiah
The currency of Indonesia, the rupiah, has a long history dating back to its colonial period. Due to periods of economic uncertainty and high inflation, the currency has been re-valued several times.
Fiat currenciesIndonesian rupiah
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 i