The First Time The Rp100 Thousand Banknote Was Issued In History Today, November 1, 1999

IDR 100 thousand (Source: BI Museum Site)

JAKARTA - On November 1, 1999, for the first time Indonesia had a banknote in the Rp100,000 denomination. Bank Indonesia launched the Rp100,000 banknote made of paper and plastic as regulated in Bank Indonesia Regulation Number: 1/8/PBI/1999 concerning the Issuance and Circulation of the 100,000 Rupiah Denomination Year 1999 Issue.

The first Rp100,000 banknote has a distinctive design. There is a plastic that is in the form of a purplish red flower and is dreamy. In addition, there are pictures of Indonesia's first President and Vice President, Soekarno and Mohammad Hatta.

On the back of the banknotes are pictures of the MPR and DPR buildings. The banknotes have dominant colors of yellow, orange, brown, red, and green. The Rp100,000 banknote was signed by Syahril Sabirin and Iwan R. Prawiranata as Governor and Deputy Governor of Bank Indonesia.

Quoting Detik, Bank Indonesia (BI) admitted that millions of notes in the Rp100,000 denomination were printed in Australia. The money printing process was carried out in 1999 at Note Printing Australia (NPA), an institution under the auspices of the Australian Central Bank.

BI was forced to print money in Australia to face the 2000 millennium or Y2K (Year 2 Kilo). The turn of the year 2000 was horrendous and a surge in demand for money had to be anticipated.

The 1999 Rp100,000 banknote has a long circulation period. The 1999 Rp100,000 banknotes could even be used until December 30, 2013. However, at that time, people who still had the notes had been asked to exchange their money for the new ones, because the Rp100,000 1999 issuances would no longer be enforced. The public can exchange money at BI from 31 December 2013 to 30 December 2018.

Illustration (Mufid Majnun/Unsplash)

Change

Over time, the design of the Rp100,000 banknote has changed. On December 29, 2004, the Rp100,000 2004 issuance money was circulated. It coincided with the 2004 issue of Rp20,000. Changes were made to standardize the size of banknotes.

Changes were also made to anticipate the development of the latest in money security technology. In addition, this new design also makes it easier for the visually impaired to detect the authenticity of the money. However, in terms of pictures, the Rp100,000 denomination still uses Ir. Soekarno and Moh. Hatta.

On August 17, 2014, the Rp100,000 banknote was renewed again. Quoting Katadata, the difference with the previous currency is that BI, which has been fully in charge of printing money, is now with the government carrying out a design process based on Law No. 7 of 2011 concerning Currency.

There is the signature of the Minister of Finance in the new denominations. At that time, other banknotes also underwent a gradual design change.

Then on December 19, 2016, the design of the Rp100,000 banknote was updated again. The new Rp100,000 denomination still features the proclaimer duo Soekarno-Hatta and is dominated by the color red. What distinguishes it from the previous design is that Soekarno's image on the 2016 emission Rp100,000 looks more elegant and less formal.

Illustration (Mufid Majnun/Unsplash)

In addition, if usually on the back there is a picture of the DPR/MPR building, the latest design displays various elements of Indonesia. The names of Soekarno and Hatta were also added with their updated titles, namely Dr. (HC) Ir. Soekarno and Dr. (HC) Drs. Mohammad Hatta.

The various elements of Indonesia displayed on the current Rp100,000 banknote are Mask Dance, Raja Ampat, and Moon Orchid Flowers. Citing the BI website, Betawi Mask Dance is generally performed at Betawi weddings. There is also a picture of Raja Ampat located in Sorong, Papua, which is known to have underwater beauty that is famous throughout the world. In addition there is the Moon Orchid Flower, which is one of Indonesia's national flowers which was first discovered by the Dutch Botanist, Carl Ludwig Blume.

*Read other information about TODAY's HISTORY or read other interesting articles from Putri Ainur Islam.

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