JAKARTA - As of 31 December 2008, four banknotes which were issued in 1998, are no longer valid tender in Indonesia. The banknotes are officially withdrawn at the end of the year since they have been replaced by new ones in recent years. The banknotes that are withdrawn are the 10.000 Rupiah banknote with the image of Cut Nyak Dhien, the 20.000 Rupiah banknote with Ki Hajar Dewantara, the 50.000 Rupiah banknote with WR. Soepratman and the 100.000 Rupiah banknote with Soekarno and Hatta. The last one is made from polymer, not to be mistaken with the paper one, which will still be valid.
The money is withdrawn because it has been in circulation for quite some time now. Technology features for security have been updated in recent years, which causes this money to be more easy to falsify than the newer banknotes. The banknotes can still be used as legal tender until the end of the year. After that they can be exchanged for new banknotes at banks until 31 December 2013. After that they can onl be exchanged at branches of Bank Indonesia until 31 December 2018.
There are no reactions on this blog entry yet. Be the first one to give a reaction here!
Log in to write a reaction
You are not logged in to the website. You have to be logged in to write a reaction on this blog entry.
· If you already have an account, please login. · If you have lost your password, please retrieve it. · If you don't have an account yet, you can create one.
ABOUT THIS ENTRY
Add this blog entry to your email, your own blog, MySpace, Facebook, or whatsoever via AddThis:
JAKARTA - As of 31 December 2008, four banknotes which were issued in 1998, are no longer valid tender in Indonesia. The banknotes are officially withdrawn at the end of the year since they have been replaced by new ones in recent years. The banknotes that are withdrawn are the 10.000 Rupiah banknote with the image of Cut Nyak Dhien, the 20.000 Rupiah banknote with Ki Hajar Dewantara, the 50.000 Rupiah banknote with WR. Soepratman and the 100.000 Rupiah banknote with Soekarno and Hatta. The last one is made from polymer, not to be mistaken with the paper one, which will still be valid.
