“Money” is constantly evolving.
To understand its development in Indonesia, we need a brief monetary history:
1854 – 1949
1 Netherlands Indies Gulden = 100 Cents
1943 – 1945
(Japanese occupation)
1 Roepiah = 100 Sen
1945/9 – 1965
Indonesia Rupiah = (Netherlands Indies Gulden) = 100 Sen,
1965 – Present
1 Indonesia Rupiah = 1.000 old Rupiah
So let’s take a look at how it’s changed over the years…
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Editor’s Note: This post was originally published in February 2015 and has been updated.