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1 Gulden/Roepiah

Issuer De Javasche Bank
Year 1948
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Reference(s) P#98
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Obverse lettering De Javasche Bank Membajar Kepada Pembawa Satoe Roepiah Betaalt Aan Toonder Een Gulden Secretaris President (signatures) 1948
(Translation: The Java Bank Will pay to the bearer One Roepiah One Gulden)
Reverse description Blue guilloche scrollwork overall, with the numeral 1 at upper right and lower left. The bank emblem appears at centre, flanked by two rectangular text panels — the left in Indonesian and the right in Dutch — setting out the note's legal authorization.
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De Javasche Bank's final years were complicated ones. By 1948, Indonesian independence had been declared for three years, but the Dutch colonial banking infrastructure remained nominally operational while the political situation remained unresolved. This note circulated during that contested interval — after the Proclamation of Independence but before De Javasche Bank was formally nationalized and reconstituted as Bank Indonesia in 1953.

The dual denomination, Gulden and Roepiah, reflects the currency ambiguity of the transition period rather than any formal monetary union.