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1 Rupiah
| Issuer | Republik Indonesia |
|---|---|
| Year | 1961 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rupiah (1946-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse, printed in red on a cream-toned guilloche underprint, carries a vignette at right of a Balinese female figure in traditional dress and headdress, holding an offering of flowers or grain. A large numeral "1" is centred within the guilloche field, flanked by the serial number printed twice in the lower margin. The inscription "REPUBLIK INDONESIA" appears at the top, and a warning legend in Indonesian script runs along the lower border. |
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| Variants | P#78 - Irian Barat overprint issue, 1961 |
| Comments |
Indonesia's 1961 low-denomination notes were issued during a period of severe monetary instability under Sukarno's Guided Democracy, when chronic deficit spending and money-printing had begun eroding public confidence in the rupiah well ahead of the full inflationary collapse later in the decade. This 1 Rupiah belongs to a series that was essentially redundant on arrival — purchasing power at the unit level had already become negligible for most transactions.
The series was superseded by the catastrophic currency reform of December 1965, when the New Order government replaced 1,000 old rupiah with 1 new rupiah, effectively annihilating whatever residual value notes like this retained.