Showing posts with label About rupiah.. Show all posts
Showing posts with label About rupiah.. Show all posts

Monday 8 February 2016

About rupiah.

Banknote Indonesia from time to time.
Rupiah is the official currency of Indonesia. This currency is printed and regulated use by Bank Indonesia with ISO code 4217 IDR. Informally, the Indonesian people also call this currency with the name "silver". One rupiah divided into 100 sen, although inflation has made it no longer used except in the listing on the books of banks.

History.

Rupiah name is often associated with the Indian rupee currency, but actually by Adi Pratomo, one historian Indonesian currency, the rupiah is taken from the word rupia in the Mongolian language. Rupia own means silver. It is the same as the meaning of the rupee, but the rupiah itself is the original pronunciation of Indonesia due to the addition of the letter 'h' at the end of the word rupiah, very typical as the pronunciation of the people of Java. This is slightly different than many thought that the rupiah is one of the units derived from the Indian currency. Indian Rupee actually be said to be a derivative of the word rupiah itself, so the Indonesian rupiah has not the same level as the unit derived from the Indian currency.
In the early days of independence, Indonesia has not in rupiah but using the official currency, known as the ORI. ORI has a duration of circulation in Indonesia for four years, ORI has put into use since 1945-1949. However, the use of legally ORI started since the launch of the currency by the government as a currency of Indonesia on October 30, 1946. In the early days, ORI printed by Printing Canisius with a shape and a very simple design and use fine fiber seat. It can even be said to ORI at that time was the currency that is very simple, sober, and tend to be less qualified, especially when compared with other currencies circulating in Indonesia. In the early days of independence, ORI circulated widely in the community even though the money is just printed in Yogyakarta. ORI has printed at least five times within a period of four years, among others, the mold I on October 17, 1945, series II on January 1, 1947, series III issued on July 26, 1947. At that time, ORI is a currency that has a value that is very lower when compared with money-money issued by de Javasche Bank. Whereas ORI money was scarce money that should be of high value.
On 8 April 1947, the governor issued rupiah Money Sumatra province of Indonesia Sumatra (URIPS). Since 2 November 1949, four years after independence, the Indonesian rupiah as the currency set a new nationality. Riau Islands and West Irian rupiah have their own variations, but its use was abolished in 1964 in Riau and West Irian 1974. The Asian economic crisis of 1998 caused the rupiah fell as much as 35% and brought the downfall of the Soeharto government. Currency is the currency that may be exchanged for free, but traded with a penalty due to high inflation levels.

Units under rupiah.

Rupiah has units underneath. In the early days of independence, the rupiah value equated with Gulden Indies, so it is also used units smaller prevailing in the colonial period. Here are the units that had been used, but is no longer used due to a decrease in the value of the rupiah cause the unit was not of significant value.

Rupiah redenomination.

Bank Indonesia as the monetary authority in Indonesia planning policy for the reduction of the value of the rupiah currency denomination without reducing its value by eliminating the last 3 digits 0 (X000 be x). This policy plan raised by Bank Indonesia in early May 2010 and confirmed by the elected Governor of BI, Nasution on July 31, 2010. This redenomination policy was taken after the results of World Bank research says that the denomination of Indonesian Rupiah 100,000 is the second largest in the world after Vietnamese Dong (VND) 500,000. Redenomination process will withdraw from the original plan would be realized on August 14, 2014.

The new money emission in 2014.

The original plan of Bank Indonesia rupiah meredenominasikan hampered global economic conditions are not stable and discussion Act Redenominasi stalled due to the 2014 election agenda original target realization of redenomination on August 14, 2014 will change the face of the new money, the money of the Unitary Republic of Indonesia (NKRI Money ).
As stipulated by Act No. 7 of 2011 concerning currency, the rupiah was placed as one of the symbols of state sovereignty must be respected and proud of all Indonesian citizens. Accordingly, Bank Indonesia will no longer be the sole institution authorized to print Rupiah. Later Bank Indonesia must always coordinate with the government, the ministry of finance in terms of a plan to print money, the issuance of money, up to the withdrawal and destruction of the old money.
Having no longer a single institution printer rupiah, Bank Indonesia phrase contained in any fractional amount will now be renamed the Republic of Indonesia. In addition, other changes will NKRI money is going to the signature of the Minister of Finance and Governor of Bank Indonesia and the new anti-counterfeiting security system on a banknote.

NAME RUPIAHS.

Rupiah is the official currency of Indonesia. Rupiah name is usually associated by many as the pronunciation of "rupee" Indian currency, but actually by Adi Pratomo, one of the researchers of history Indonesian currency, the rupiah is taken from the word rupia in the Mongolian language. Rupia own means silver. It is the same as the meaning of the rupee, but the rupiah itself is the original pronunciation of Indonesia due to the addition of the letter 'h' at the end of the word rupia, very typical as the pronunciation of the people of Java. This is slightly different than many thought that the rupiah is one of the units derived from the Indian currency. Indian Rupee actually be said to be a derivative of the word rupia itself, so the Indonesian rupiah has not the same level as the unit derived from the Indian currency.
In the early days of independence, Indonesia has not in rupiah but using the official currency, known as .. ORI ORI has a duration of circulation in Indonesia for four years, ORI has put into use since 1945-1949. However, the use of legally ORI started since the launch of the currency by the government as a currency of Indonesia on October 30, 1946. The ORI early printed by Printing Canisius with the shape and design very simple and using a safety delicate fibers. It can even be said to ORI at that time was the currency that is very simple, sober, and tend to be less qualified, especially when compared with other currencies circulating in Indonesia. In the early days of independence the ORI circulated widely in the community even though the money is just printed in Yogyakarta alone. ORI has printed at least five times within a period of four years, among others, the mold I on October 17, 1945, series II on January 1, 1947, series III issued on July 26, 1947. At that time, ORI is a currency that has a value that is very cheap when compared to the money-money issued by de Javasche Bank. Whereas ORI money was scarce money that should be of high value.
There are many real doubts about exactly how this currency started there and used as the official currency. In the aftermath of the inauguration of the rupiah is still one form of currency that could be used in Indonesia. This currency is a currency issued during the RIS known as currency RIS. This currency is entered in the history of the currency Rupiah Indonesia as a temporary replacement. After the RIS ended Indonesia's currency back into rupiah, but no definite sources that mention the exact time of the transition from RIS currency to the currency of rupiah. After the RIS the rupiah began to be used in general and start undergone many developments and improvements. Indonesia as the official currency, the rupiah was issued and controlled by Bank Indonesia. Moreover, since Bank Indonesia officially made the central bank and given full authority to regulate the country's banks on July 1, 1953. The amount was then given a code or symbols used on all denominations of banknotes and coins in the form of Rp and recognized by all parties.
Rupiah itself does not directly be spread evenly over the Earth Indonesia. Distribution of this currency is not so evenly distributed quickly. For example, the islands of Riau and Papua New in rupiah in 1964 and 1971. Since wearing rupiah as the official currency, the rupiah repeatedly experiencing turbulence. Devaluation and Pruning is always decorate the development of rupiah. The devaluation occurred in some periods for example on March 7, 1946, September 20, 1949, February 1952, September 1959, January 1963 and the end of 1964. Trimming the rupiah also occurred on the rupiah occurred on August 25, 1959 and March 29, 1983. change- changes in appearance, the value of the currency, shape, and even color coloring development of Indonesia's official currency. Starting from ORI shapes, drawings, prints, and the paper of poor quality until now bills already have a form and a luxurious appearance and tidy.
Rupiah has experienced a lot of times over the development of this nation. Rupiah is also developing follow future developments in Indonesia. He could not be considered as official currency when ORI became the currency that the government was inaugurated, he was replaced by currency RIS, but in fact the whole currency is actually a history of rupiah itself as an official currency of Indonesia. There have been many heroes, the area of ​​the archipelago, and the culture which is reflected in the currency. Already many series issued by the government to replace, repair, and enhance the pride of the country's currency. However, the rupiah is a mirror of the Indonesian nation. When you hear the word rupiah, the thing that immediately comes to mind is Indonesia, obviously because the Indonesian rupiah is yours alone and no other country has the rupiah. As one of the pride of the country, it should also be upheld rupiah. Rupiah are appropriately recognized, proud, and guarded by every citizen of Indonesia.

List named as the rupiah currency  :

Indian Rupee (रुपया)
Maldives Rufiyaa (ދިވެހި ރުފިޔ)
Rupee Mauritia (roupie)
Rupee Nepal (रूपैयाँ)
Pakistan Rupee (روپي)
Seychelles Rupee (roupi, roupie)
Sri Lanka Rupee (ரூபாய்)
Already not available.
Rupee Afghanistan
Rupee Bhutan
Rupee Burma
Indian Rupee Denmark
Rupee East Africa (British)
French Indian Rupee (roupie)
East African rupee (Germany) rupie
Gulf Rupee
Rupee Hyderabad
Rupia Italian Somaliland
Ripis Java
Roepiah Indies
Portuguese Indian rupia
rupiah Riau
Rupee Travancore
Rupiah Papua Barat
Rupee Zanzibar.
Thank you for reading this article. Written and posted by Bambang Sunarno. sunarnobambang86@gmail.com
author:
https://plus.google.com/105319704331231770941.
name: Bambang Sunarno.
http://primadonablog.blogspot.com/2016/02/about-rupiah.html
Date Published: February 08 2016 at 12:04
Tag : Rupiah.
Code : 7MHPNPADAEFW

Posted by: Bambang Sunarno
www.Primo.com Updated at: 12:04