500 Indonesian Rupiah Coin Design
The 500 Rupiah coin front design features the Indonesia Coat of Arms, a portrait, of an Indonesian National Hero who served in the Indonesian National Revolution. The reverse coin design has the denomination and also date. This coin is part of the 2016 series, its rim is serrated, and its color is white aluminum.
Text: 500, Republik Indonesia, Letjen Tni T. B. Simatupang, Bank Indonesia, Rupiah, 2016.
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This time from October 1946 to March 1950, Indonesian currency had no international recognition. determined Its value on the black market.
Since 1946 introduced the Rupiah like the official currency of Indonesia to the country to operate in conjunction with a Gulden version of the Netherlands Indie Gulden introduced during the Japanese occupation in World War II.
Later in 1950, Dutch government recognized after the nationalist struggle and independence, consequently, Indonesia carried out a currency reform in which it declared the Rupiah as a legal currency.
Following the issuance of Presidential Decree No. 31 of 5 September 2016, BI introduced seven new banknote designs featuring national heroes
The rupiah has been subject to high inflation for most of its existence. For that reason various attempts have been made to maintain the value of the currency, but also all were abandoned.
Indonesia currency symbol
The Bank of Indonesia Issued and controlled the official currency of Indonesia this is the Rupiah. Additionally, The currency code for Rupiahs is IDR, and the currency symbol is Rp.
Indonesian banknotes come in denominations of IDR1000, IDR2000, IDR5000, IDR10000, IDR20000, IDR50000, and IDR100000. Also Coins in circulation include IDR1000, IDR500, IDR200, IDR100, and IDR50.